Company lists
Get Pro

Company lists / Ahmedabad

The Ahmedabad edition · 2026

Investment bankscompanies in Ahmedabad

Boutique banks, M&A advisory, valuation, funding & financial services, startups and more: the companies building investment banks in Ahmedabad, Gujarat, with their founders, funding, team size and business models.

Explore in Radar See the ranked list ↓
28 company profiles9 with reported revenue0 with recorded fundingNovember 2026 edition
Ahmedabad · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent investment banks business events in India

Funding, M&A, contract wins and launches involving 1,096 investment banks companies in India, last 24 months: 19 M&A deals · 3 funding rounds · 2 launches · 2 Contracts. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Mar 2026.

M&AMerger · Announced

Arisinfra Solutions acquires ArisUnitern RE Solutions

ArisInfra Solutions has approved the amalgamation of its subsidiary, ArisUnitern RE Solutions, with the parent company.

Real Estate Development Services
M&AAcquisition · Announced

Ashika group acquires Mahaveera Capital Advisors LLP

Ashika Group, a diversified financial services group with a strong presence across capital markets and advisory services, has announced the amalgamation of the Equity Capital Markets…

Capital Markets
M&AAcquisition · Announced

Mizuho Securities acquires Avendus

Mizuho Securities took a majority stake in Avendus

M&AAcquisition · Completed

Mahi Madhusudan Kela acquires Emkay Global Financial Services

Indian investor Mahi Madhusudan Kela acquired a 1.12% stake in Emkay Global Financial Services during the quarter ended December 31, 2025.

Investment banking, wealth management and portfolio management services
FundingStrategic Funding

Kayess Square

Kayess Square Consulting Pvt. Ltd., a Bengaluru‑based finance, risk, governance, and transaction advisory firm, has raised ₹10 crore in a strategic funding round led entirely by its…

Investors Na
Finance, risk, governance, and transaction advisory
M&AAcquisition · Completed

Mizuho acquires Avendus

Mizuho’s majority acquisition of Avendus earlier this month.

M&AAcquisition · Announced

Mizuho financial group acquires Avendus

Mizuho Financial Group is buying a controlling stake in home grown investment bank Avendus

Financial Services
M&AAcquisition · Announced

Mizuho Securities acquires Avendus

Mizuho would acquire Avendus from KKR for up to 81 billion yen ($523 million).

Financial services
M&AMerger · Announced

Equirus acquires Sapient Finserv

Equirus is merging with Sapient Finserv to create a platform that manages around Rs 35,000 crore worth of assets under management.

Financial Services
FundingEquity

Incred capital

InCred Capital, the investment banking, institutional brokerage and asset management arm of the InCred Group, is planning to raise around Rs 500 crore in equity funding, said sources.

Investors Kkr, Adia, Trs, Oaks
LaunchBonus shares

Smc global securities

SMC Global Securities Limited (SMC Global Securities Ltd) has launched bonus shares.

FundingEquity investment

Emkay Global Financial Services

Shares of Emkay Global Financial Services have rallied 44% in the last two sessions on the back of Rs 227.5 crore fund infusion.

Investors Kirti Doshi, Antique Securities, Krishna Kumar Karwa, Prakash Kacholia
Financial services
M&AAcquisition · Announced

Antique Securities acquires Emkay Global

Antique Securities’ Kirti Doshi, through his family-controlled entity has acquired over 21% stake in Emkay Global.

M&AAcquisition · Announced

Kirti Doshi acquires Emkay Global Financial Services

Emkay Global Financial Services on Monday announced that industry veteran Kirti Doshi has acquired a 21% stake in the company.

Financial Services
M&AAcquisition · Completed

Nisus finance services acquires New Consolidated Construction Company Limited (NCCCL)

Nisus Finance Services Co Limited (NiFCO), a leading investor in urban infrastructure and capital markets, has announced the acquisition of a majority stake in New Consolidated…

Engineering, Procurement and Construction (EPC)
LaunchSound Bytes

Axis capital

Axis Capital announced the launch of “Sound Bytes,” AI-generated audio summaries that condense securities research reports into two-minute audio briefs.

AI-generated audio summaries
ContractService

ArisUnitern RE Solutions · client: Village Wave

Arisinfra Solutions’ subsidiary — ArisUnitern RE Solutions has been awarded a contract by Village Wave for development management, which covers materials supply, project management,…

Construction
M&AAcquisition

Kkr acquires Avendus

KKR acquired a little over 60 percent stake in Avendus in 2015.

Investment Banking
M&AAcquisition · Announced

Vineet N. Suchanti acquires Keynote Financial Services

Vineet Suchanti, a shareholder of NSS Digital Media Limited, has announced the proposed acquisition of 1,59,880 equity shares in Keynote Financial Services Limited.

Financial Services
Contract

Centrum Capital · client: Weaver Services

Centrum Capital to sell affordable housing finance business to Weaver Services for Rs 430 crore

Finance
M&AAcquisition · Announced

ValueBridge Capital acquires Boon Capital

ValueBridge Capital, part of the Merisis Group, has acquired Boon Capital, an early-stage investment banking firm specializing in venture funding.

Early-stage investment banking
M&AAcquisition

360 ONE WAM acquires Batlivala & karani securities

Shares of 360 ONE WAM gained over 4 percent in early trading on February 25, after Citi issued an upbeat broking revenue projection, driven by its recent acquisition of Batlivala &…

M&AAcquisition · Announced

Equirus acquires Credence family office

Spice Route Legal has successfully advised Equirus on its 100% acquisition of Credence Family Office, a leading Bangalore-based multi-family office.

Wealth management
M&AAcquisition · Announced

360 one acquires Batlivala & karani securities

The company entered into a definitive agreement to acquire Batlivala & Karani Securities, one of India’s oldest brokers, for Rs. 17.74 billion ($205 million).

M&AAcquisition · Announced

360 ONE Wealth Asset Management (WAM) acquires Batlivala & karani securities

360 ONE Wealth Asset Management (WAM) on Monday announced the acquisition of Batlivala & Karani Securities India Private Limited ("B&K Securities") for a combination of cash and equity…

Financial services
M&AAcquisition · Announced

Prime securities acquires Ark Neo Financial Services Private Limited

Prime Securities Limited has acquired 41.68% stake in Ark Neo Financial Services Private Limited, the Chennai-based fintech platform known as “DhanLAP.”

Fintech

Investment banks companies in Ahmedabad, by funding and team

Few investment banks companies in Ahmedabad, Gujarat publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 28 companies below lead on recorded funding and team size among 28 active companies.

Showing 25 of 28

Corporate advisory firm focused on multiple sectors

Investment banks
—None recorded
27+100% 12 mo to Mar 2024LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
33 yr1993
1postings · last posted Oct 2026

Full-service investment bank firm

Investment banks
—None recorded
10LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
17 yr2009
0none in 3 months

Provider of business incorporation, funding, and branding solutions for startups

Management consulting services
—None recorded
23LinkedIn · Jul 2026
Fee-for-service
2 yr2024
0none in 3 months

Investment bank and corporate advisory firm

Investment banks
—None recorded
13LinkedIn · Jul 2026
Fee-for-service
9 yr2017
0none in 3 months

Investment bank

Investment banks
—None recorded
11LinkedIn · Jul 2026
Fee-for-service
21 yr2005
0none in 3 months

Provider of financial services for NBFCs and other clients

Investment banks
—None recorded
6LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
7 yr2019
0none in 3 months

Corporate finance and M&A advisory firm focused on multiple sectors

Investment banks
—None recorded
32LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
9 yr2017
0none in 3 months

Investment banking firm

Investment banks
—None recorded
41LinkedIn · Jul 2026
Fee-for-service
13 yr2013
—No postings tracked

Middle market focused regional investment bank

Investment banks
—None recorded
—Not available
Fee-for-service
15 yr2011
—No postings tracked

Merger and acquisition advisory service provider

Investment banks
—None recorded
6LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
41 yr1985
—No postings tracked

M&A advisory firm focused on multiple sectors

Asset management
—None recorded
5LinkedIn · Jul 2026
Fee-for-service
7 yr2019
0none in 3 months · last posted Feb 2026

M&A and corporate finance advisory firm focused on entrepreneurs

Investment banks
—None recorded
6LinkedIn · Jul 2026
Fee-for-service
8 yr2018
0none in 3 months

Provider of investment banking, management consulting, transaction, and compliance advisory

Investment banks
—None recorded
2LinkedIn · Jul 2026
Fee-for-service
5 yr2021
0none in 3 months

Provider of merchant banking services for capital market financial transactions

Investment banks
—None recorded
8LinkedIn · Jul 2026
Fee-for-service
3 yr2023
0none in 3 months

Provider of strategic advisory services to venture capital and private equity firms

Investment banks
—None recorded
3LinkedIn · Jul 2026
Fee-for-service
1 yr2025
0none in 3 months

Investment banking firm

Investment banks
—None recorded
—Not available
Commission on transaction / Fee-for-service
17 yr2009
—No postings tracked

An investment bank

Investment banks
—None recorded
5LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
2 yr2024
0none in 3 months

M&A, capital raising, and corporate advisory firm focused on multiple sectors

Investment banks
—None recorded
—Not available
Advertising / Commission on transaction
4 yr2022
—No postings tracked

Investment bank & financial advisory firm

Investment banks
—None recorded
—Not available
Fee-for-service
15 yr2011
—No postings tracked

Boutique investment bank

Investment banks
—None recorded
—Not available
Fee-for-service
28 yr1998
0none in 3 months

M&A corporate advisory firm

Asset management
—None recorded
50LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
6 yr2020
0none in 3 months

Corporate advisory firm focused on multiple sectors

Investment banks
—None recorded
2LinkedIn · Jul 2026
Fee-for-service
10 yr2016
0none in 3 months

Investment banking boutique

Investment banks
—None recorded
—Not available
Commission on transaction / Fee-for-service
19 yr2007
—No postings tracked

M&A and growth capital advisory firm

Investment banks
—None recorded
—Not available
Fee-for-service
6 yr2020
0none in 3 months

Investment banking firm

Investment banks
—None recorded
—Not available
Fee-for-service
30 yr1996
0none in 3 months
28 of 28 companies shown here · the full list is on Radar
Fliar Radar

Explore all 28 investment banks companies in Ahmedabad on Radar

This page shows the top 28. Radar has the complete, filterable list with contacts and live company signals.

Open investment banks in Ahmedabad on Radar
  • Every company, not just 50All 28 investment banks companies in Ahmedabad, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore investment banks companies in Ahmedabad by what you are looking for

Browse investment banks companies in Ahmedabad, including boutique investment banks and M&A advisory firms. Find investment banking companies in Ahmedabad offering corporate finance, fundraising and valuation services.

5 ways to explore investment banks in Ahmedabad

Boutique investment banksM&A & corporate advisory firmsValuation & asset management firmsFunding, incorporation & financial services providersInvestment banks startups in Ahmedabad

Boutique investment banks

Independent investment banks advising on deals and capital raising.

  1. Beeline Capital Advisors

    M&A corporate advisory firm

    Asset management
    See in list
  2. Vivro

    Boutique investment bank

    Investment banks
    See in list
  3. ConsultupIndia

    Provider of business incorporation, funding, and branding solutions for startups

    Management consulting services
    See in list
  4. Deltacoin Financial Services

    Provider of financial services for NBFCs and other clients

    Investment banks
    See in list
  5. NRS Advisors

    Investment bank

    Investment banks
    See in list
16 companies in AhmedabadAll 32 investment banks companies in Ahmedabad →

M&A & corporate advisory firms

Firms advising on mergers, acquisitions and corporate finance.

  1. Beeline Capital Advisors

    M&A corporate advisory firm

    Asset management
    See in list
  2. Vivro

    Boutique investment bank

    Investment banks
    See in list
  3. ConsultupIndia

    Provider of business incorporation, funding, and branding solutions for startups

    Management consulting services
    See in list
  4. Deltacoin Financial Services

    Provider of financial services for NBFCs and other clients

    Investment banks
    See in list
  5. NRS Advisors

    Investment bank

    Investment banks
    See in list
16 companies in AhmedabadAll 32 investment banks companies in Ahmedabad →

Valuation & asset management firms

Companies providing business valuation and asset management services.

  1. Beeline Capital Advisors

    M&A corporate advisory firm

    Asset management
    See in list
  2. Vivro

    Boutique investment bank

    Investment banks
    See in list
  3. ConsultupIndia

    Provider of business incorporation, funding, and branding solutions for startups

    Management consulting services
    See in list
  4. Deltacoin Financial Services

    Provider of financial services for NBFCs and other clients

    Investment banks
    See in list
  5. NRS Advisors

    Investment bank

    Investment banks
    See in list
16 companies in AhmedabadAll 32 asset management companies in Ahmedabad →

Funding, incorporation & financial services providers

Firms helping businesses and NBFCs with funding, incorporation and financial services.

  1. Beeline Capital Advisors

    M&A corporate advisory firm

    Asset management
    See in list
  2. Vivro

    Boutique investment bank

    Investment banks
    See in list
  3. ConsultupIndia

    Provider of business incorporation, funding, and branding solutions for startups

    Management consulting services
    See in list
  4. Deltacoin Financial Services

    Provider of financial services for NBFCs and other clients

    Investment banks
    See in list
  5. NRS Advisors

    Investment bank

    Investment banks
    See in list
16 companies in AhmedabadAll 49 management consulting services companies in Ahmedabad →

Investment banks startups in Ahmedabad

Recently founded investment banking firms in Ahmedabad.

  1. ConsultupIndia

    Provider of business incorporation, funding, and branding solutions for startups

    Management consulting services
    See in list
  2. Karnametic Partners

    Provider of investment banking, management consulting, transaction, and compliance advisory

    Investment banks
    See in list
  3. Finaax Capital Advisors

    Provider of merchant banking services for capital market financial transactions

    Investment banks
    See in list
  4. Rockwyn Advisory

    Provider of strategic advisory services to venture capital and private equity firms

    Investment banks
    See in list
  5. Vhelp Capital

    An investment bank

    Investment banks
    See in list
6 companies in Ahmedabad
The business behind the activity

Investment banks financials in Ahmedabad

Revenue, profit and growth from the filed annual accounts of 8 investment banks companies in Ahmedabad, Gujarat for FY24-25 — 9 of the 28 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 100% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹234.68 cr

8 companies filing accounts

combined net profit₹88.23 cr

37.6% aggregate margin

are profitable50%

4 of 8 companies

median revenue~₹7.3 cr

the typical company

median revenue growth+81%

into FY24-25

earned by the top five100%

revenue concentration

Six-year view

Combined revenue of filing companies

₹13.38 crFY19-207 filers
₹13.26 crFY20-218 filers
₹37.94 crFY21-228 filers
₹62.14 crFY22-237 filers
₹96.37 crFY23-248 filers
₹234.68 crFY24-258 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 6 companies over three years

+277%
FY22-23₹62.11 cr₹17.35 cr net
FY23-24₹96.34 cr₹31.63 cr net
FY24-25₹234.44 cr₹88.28 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr40% profitable
₹1–10 cr0—
₹10–100 cr3100% profitable
₹100–1,000 cr1100% profitable
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking2
0–20%1
20–50%0
50–100%1
Doubled+4

8 companies with accounts for both years; median growth +81%.

Profitability

Profit is concentrated at the top

4profitable
4loss-making
37.6%aggregate margin
2.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
GYRGYR CAPITAL ADVISORS PRIVATE LIMITED+291%₹48.40 cr
VivroVIVRO FINANCIAL SERVICES PRIVATE LIMITED+290%₹42.82 cr
Beeline Capital AdvisorsBEELINE CAPITAL ADVISORS PRIVATE LIMITED+103%₹128.67 cr
Tipsons GroupTIPSONS STOCK BROKERS PRIVATE LIMITED+59%₹14.30 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
GYRGYR CAPITAL ADVISORS PRIVATE LIMITED55.0%₹48.40 cr
VivroVIVRO FINANCIAL SERVICES PRIVATE LIMITED54.3%₹42.82 cr
Beeline Capital AdvisorsBEELINE CAPITAL ADVISORS PRIVATE LIMITED29.0%₹128.67 cr
Tipsons GroupTIPSONS STOCK BROKERS PRIVATE LIMITED8.1%₹14.30 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Investment banks7₹106.01 cr~₹24 lakh43%48.1%
Leaders

Largest investment banks companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Beeline Capital AdvisorsBEELINE CAPITAL ADVISORS PRIVATE LIMITED₹128.67 cr₹37.28 cr29.0%+103%
GYRGYR CAPITAL ADVISORS PRIVATE LIMITED₹48.40 cr₹26.64 cr55.0%+291%
VivroVIVRO FINANCIAL SERVICES PRIVATE LIMITED₹42.82 cr₹23.26 cr54.3%+290%
Tipsons GroupTIPSONS STOCK BROKERS PRIVATE LIMITED₹14.30 cr₹1.15 cr8.1%+59%
Deltacoin Financial ServicesDELTACOIN FINANCIAL SERVICES PRIVATE LIMITED₹23.90 lakh−₹4.27 lakh-17.8%>10×
Investment Imperative GroupIMPERATIVE ASSOCIATES PRIVATE LIMITED₹20.98 lakh−₹0.81 lakh-3.9%+18%
Right Pillar AdvisorsRIGHT PILLAR ADVISORS PRIVATE LIMITED₹4.08 lakh−₹4.73 lakh-115.9%-85%
NRS AdvisorsNRS ADVISORS PRIVATE LIMITED₹0.24 lakh−₹0.11 lakh-45.5%-32%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

Chemicals and Materials Industry Landscape of Ahmedabad

The financials above are one chapter. The full investment banks landscape of Ahmedabad maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the investment banks landscape of Ahmedabad
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Investment banks funding and M&A across India

45 recorded equity rounds have gone to 1,096 investment banks companies in India — how much, at which stage, into which sub-sectors, from whom, and how Ahmedabad compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$6.11m

equity rounds, last 24 months4

US$37.27m

raised over five yearsUS$38.40m

9 rounds in India

M&A deals, India19

last 24 months

Capital by year

Equity funding into investment banks in India

amount rounds
$43m20185
$1.3m20194
$331k20211
$800k20234
$2.3m20241
$29m20251
$6.1m20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2018, with US$42.52m across 5 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$28.83m2 rounds · median US$28.83m
SeedUS$9.57m7 rounds · median US$1.11m
Where the money went · five years

Most-funded sub-sectors

Investment banksUS$38.40m9 rounds · 8 companies
Corporate activity · last 24 months

M&A in India

17Acquisition
2Merger

Most active acquirers

  1. Mizuho Securities2
  2. Equirus2
  3. 360 ONE WAM2
  4. Arisinfra Solutions1
  5. Ashika group1

Most acquired or merged

  1. Avendus5
  2. Batlivala & karani securities3
  3. Emkay Global Financial Services2
  4. ArisUnitern RE Solutions1
  5. Mahaveera Capital Advisors LLP1

Each deal appears in the events strip at the top of the page.

Go deeper in the investment banks landscape reports:

Chemicals and Materials Industry Landscape of Ahmedabad Consumer Goods Industry Landscape of Ahmedabad Energy Industry Landscape of Ahmedabad

Founders and momentum in Ahmedabad

Meet the people behind investment banks companies in Ahmedabad. 19 of 28 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Keep exploring investment banks in India and nearby markets.

Coming soon