Company lists
The India edition · 2026

Investment bankscompanies in India

Investment banks, advisory & consulting, asset & wealth management, venture capital, accelerators and more: the companies building investment banks in India, with their founders, funding, team size and business models.

921 company profiles300 with reported revenue18 with recorded fundingSeptember 2026 edition
India · Photo: Wikimedia Commons (CC BY-SA 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: 20 M&A deals · 4 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

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, a SEBI-registered Category-I Merchant Banker, has acquired a 41.68% stake in Ark Neo Financial Services Private Limited, the Chennai-based fintech platform…

Fintech
Funding

Incred capital

InCred Capital to raise $50 Mn led by family offices

Investors Family offices
M&AAcquisition · Announced

Firstrand bank acquires HSBC South Africa business

HSBC has announced to sell HSBC South Africa business to FirstRand Bank with transfer of HSBC clients, assets, liabilities & employees.

Investment banks companies in India, by revenue

Browse investment banks companies in India by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 300 investment banks companies in India that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 50

Investment bank firm focused on multiple sectors

Investment banks
₹3,343.07 crFY 2022-23
Not reported
4,012+10% 12 mo to Mar 2023LinkedIn · Jul 2026
53 yr1973
0none in 3 months

Regional investment bank

Investment banks
₹2,238.66 crFY 2023-24
Not reported
29-57% 12 mo to Jun 2024recorded Jun 2024
29 yr1997
—No postings tracked

Corporate advisory firm specializing in structured finance, capital markets, and merchant banking services

Investment banks
₹1,573.38 crFY 2021-22
Not reported
235,858-3% 12 mo to Mar 2023recorded Mar 2023
40 yr1986
0none in 3 months

Stock Broker and investment banking firm focused on multiple sectors

Investment banks
₹1,220.76 crFY 2022-23
Not reported
2,861+9% 12 mo to Mar 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Corporate advisory firm focused on multiple sectors

Investment banks
₹782.72 crFY 2024-25
+32%2024–2025
388+4% 12 mo to Sep 2024LinkedIn · Jul 2026
40 yr1986
0none in 3 months · last posted Jun 2026

India focused full service regional investment bank

Investment banks
₹657.16 crFY 2024-25
+47%2024–2025
318+16% 12 mo to Sep 2024LinkedIn · Jul 2026
35 yr1991
1postings · last posted Aug 2026

Private debt firm

Investment banks
₹556.91 crFY 2024-25
+57%2024–2025
40-17% 12 mo to Aug 2024recorded Aug 2024
10 yr2016
3postings · last posted Jul 2026

Corporate financial advisory fiirm focused on middle market companies

Investment banks
₹382.68 crFY 2024-25
+63%2024–2025
250-29% 12 mo to Aug 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of investment management, institutional equity, and investment banking services

Investment banks
₹361.24 crFY 2024-25
+15%2024–2025
851+5% 12 mo to Mar 2024LinkedIn · Jul 2026
31 yr1995
0none in 3 months

Provider of financial, mutual fund and investment banking services

Investment banks
₹305.67 crFY 2023-24
Not reported
204LinkedIn · Jul 2026
35 yr1991
0none in 3 months

M&A and corporate advisory firm

Investment banks
₹265.72 crFY 2024-25
+126%2024–2025
55+150% 12 mo to Sep 2024recorded Sep 2024
18 yr2008
0none in 3 months · last posted May 2026

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

Investment banks
₹202.43 crFY 2024-25
+262%2024–2025
7+56% 12 mo to Jul 2024LinkedIn · Jul 2026
13 yr2013
0none in 3 months

An integrated research-led investment banking organization

Investment banks
₹164.37 crFY 2021-22
Not reported
32LinkedIn · Jul 2026
19 yr2007
0none in 3 months · last posted May 2026

Corporate advisory firm focused on multiple sectors

Investment banks
₹151.37 crFY 2024-25
+26%2024–2025
488+44% 12 mo to Mar 2024LinkedIn · Jul 2026
32 yr1994
1postings · last posted Jul 2026

Corporate advisory firm

Investment banks
₹144.81 crFY 2024-25
+61%2024–2025
47LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted Mar 2026

M&A corporate advisory firm

Asset management
₹128.67 crFY 2024-25
+103%2024–2025
50LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of merchant banking services specializing in fundraising for small businesses

Investment banks
₹118.10 crFY 2024-25
+69%2024–2025
27+17% 12 mo to Mar 2023recorded Mar 2023
32 yr1994
0none in 3 months

Investment banking and wealth management firm

Asset management
₹106.20 crFY 2024-25
+10%2024–2025
75-7% 12 mo to Sep 2024LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Corporate financial advisory

Investment banks
₹98.81 crFY 2024-25
+61%2024–2025
—Not available
15 yr2011
0none in 3 months

Full-service investment banking firm

Brokers and dealers
₹89.71 crFY 2024-25
+3%2024–2025
3,033+18% 12 mo to Mar 2024recorded Mar 2024
34 yr1992
0none in 3 months

Investment banking and corporate advisory firm

Investment banks
₹89.40 crFY 2024-25
+34%2024–2025
15+25% 12 mo to Jul 2024recorded Jul 2024
44 yr1982
0none in 3 months

M&A and corporate advisory firm focused on mid-market sectors

Investment banks
₹79.73 crFY 2024-25
+33%2024–2025
1LinkedIn · Jul 2026
23 yr2003
0none in 3 months · last posted Apr 2026

Mid-market investment bank

Investment banks
₹78.83 crFY 2024-25
+28%2024–2025
114+57% 12 mo to Jun 2023LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Developer of digital platform for merchant banking solutions

Investment banks
₹77.63 crFY 2024-25
+8%2024–2025
290+104% 12 mo to Mar 2024LinkedIn · Jul 2026
21 yr2005
0none in 3 months

Corporate and M&A advisory firm focused on mid-market

Investment banks
₹76.87 crFY 2024-25
-1%2024–2025
90LinkedIn · Jul 2026
20 yr2006
0none in 3 months
50 of 921 companies shown here · the full list is on Radar
Fliar Radar

Explore all 921 investment banks companies in India on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open investment banks in India on Radar
  • Every company, not just 50All 921 investment banks companies in India, 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 India by what you are looking for

Find top investment banks in India, from boutique investment banks to full-service firms offering M&A advisory and capital raising. You can also browse investment banking companies in India that run venture funds, private equity and wealth management.

8 ways to explore investment banks in India

Investment banks & M&A advisory firmsCorporate advisory & management consulting firmsAsset management & wealth management firmsVenture capital & private equity fundsAccelerators & startup incubatorsLending & debt financing firms

Investment banks & M&A advisory firms

Investment banks and boutique advisers for M&A, fundraising and capital markets.

  1. JM Financial

    Investment bank firm focused on multiple sectors

    Investment banks
    See in list
  2. Centrum

    Regional investment bank

    Investment banks
    See in list
  3. SBI Capital Markets

    Corporate advisory firm specializing in structured finance, capital markets, and merchant banking services

    Investment banks
    See in list
  4. Equirus Capital

    Corporate financial advisory fiirm focused on middle market companies

    Investment banks
    See in list
  5. Emkay

    Provider of investment management, institutional equity, and investment banking services

    Investment banks
    See in list

Corporate advisory & management consulting firms

Advisory firms for corporate finance, valuation, restructuring and strategy.

  1. Avener Capital

    M&A and strategic advisory firm

    Finance & accounting services
    See in list
  2. Keynote

    Debt and M&A advisory firm focused on multiple sectors

    Services for investment industry
    Website
  3. CFO Bridge

    Provider of CFO services

    Investment banks
    Website
  4. Xpertiz

    Provider of investment banking and M&A advisory services for companies

    Management consulting services
    Website
  5. Legalite

    M&A advisory firm

    Services for investment industry
    Website

Asset management & wealth management firms

Firms managing investments, portfolios, mutual funds and wealth.

  1. Emkay

    Provider of investment management, institutional equity, and investment banking services

    Investment banks
    See in list
  2. Sumedha Fiscal Services

    Investment banking and wealth management firm

    Asset management
    See in list
  3. Patni Financial Services

    Corporate advisory & wealth management firm

    Asset management
    See in list
  4. Pioneer Investcorp

    Mid-market focused boutique investment bank

    Investment banks
    See in list
  5. Credent Global

    Diversified asset management and capital raising advisory firm focused on real estate and multiple sectors

    Investment banks
    Website

Venture capital & private equity funds

Venture capital, private equity and private debt investors.

  1. VSL Ventures

    Provider of logistics, energy storage, digital, and asset management business solutions

    Venture capital funds
    Website
  2. NAFA Capital Advisors

    Corporate advisory and private equity firm focused on multiple sectors

    Investment banks
    Website
  3. Capinity

    Private investment firm

    Investment banks
    Website
  4. New Age Financial Advisory

    M&A, strategic advisory, and infrastructure firm focused on the agriculture sector

    Infrastructure funds
    Website
  5. Patamar Capital

    Venture capital firm investing in multiple sectors

    Venture capital funds
    Website

Accelerators & startup incubators

Incubators and accelerators that also advise on fundraising.

  1. Alsisar Impact

    Sector agnostic incubator & corporate advisory firm

    Investment banks
    Website
  2. Myth Ocean

    Accelerator focusing on multiple sectors

    Investment banks
    Website
  3. The Circle Founders Club

    M&A advisory, angel networks, and accelerator focused on tech companies

    Accelerators & incubators
    Website
  4. Purple Ventures

    Startup incubator & investment bank

    Investment banks
    Website
  5. Simco Consultancy

    Provider of retail, operations, and manufacturing consulting services

    Management consulting services
    Website
10 companies in India

Lending & debt financing firms

Providers of business loans, mezzanine financing and debt advisory.

  1. JM Financial

    Investment bank firm focused on multiple sectors

    Investment banks
    See in list
  2. Centrum

    Regional investment bank

    Investment banks
    See in list
  3. Terkar Capital

    M&A and corporate advisory firm

    Investment banks
    Website
  4. Nixa Fincap

    Provider of end-to-end credit solutions to promoters and companies across various industries

    Consumer and sme loans
    Website
  5. InCred Capital

    Private debt firm

    Investment banks
    See in list

Investment banking startups in India

Newer investment banking and advisory firms founded in the last few years.

  1. Vantage Point

    M&A advisory firm focused on multiple sectors

    Investment banks
    Website
  2. Coeus Advisors

    Merger and acquisition advisory firm

    Investment banks
    Website
  3. Impca

    Business consultancy service provider

    Investment banks
    Website
  4. Xpertiz

    Provider of investment banking and M&A advisory services for companies

    Management consulting services
    Website
  5. Vanja

    Provider of financial advisory services specializing in mid-market company capital needs

    Investment banks
    Website
89 companies in India

Listed investment banks in India

Publicly traded investment banking and financial services firms.

  1. JM Financial

    Investment bank firm focused on multiple sectors

    Investment banks
    See in list
  2. Centrum

    Regional investment bank

    Investment banks
    See in list
  3. Emkay

    Provider of investment management, institutional equity, and investment banking services

    Investment banks
    See in list
  4. Gretex Corporate Services

    M&A and corporate advisory firm

    Investment banks
    See in list
  5. Aryaman

    Provider of merchant banking services specializing in fundraising for small businesses

    Investment banks
    See in list
22 companies in India
Mobile reach

Top 10 investment banks apps from India

The most-installed Android apps published by investment banks companies headquartered in India — 3.2M installs between them. 26 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Choice FinX: Demat Account App

by Choice

Installs2.7M
Rating3.7422K ratings
Installs, year on year+32%
Last updatedJun 2026
View on Google Play ↗
Choice FinX: Demat Account App screenshot 1Choice FinX: Demat Account App screenshot 2Choice FinX: Demat Account App screenshot 3Choice FinX: Demat Account App screenshot 4Choice FinX: Demat Account App screenshot 5Choice FinX: Demat Account App screenshot 6
4

Dhanush: Demat, Stocks & IPOs

by Ashika Group

Installs39K
Rating5.0616 ratings
Last updatedMay 2026
View on Google Play ↗
Dhanush: Demat, Stocks & IPOs screenshot 1Dhanush: Demat, Stocks & IPOs screenshot 2Dhanush: Demat, Stocks & IPOs screenshot 3Dhanush: Demat, Stocks & IPOs screenshot 4Dhanush: Demat, Stocks & IPOs screenshot 5Dhanush: Demat, Stocks & IPOs screenshot 6
8

IDBI Capital Portfoilo

by IDBI Capital

Installs8K
Rating—
Last updatedFeb 2026
View on Google Play ↗
IDBI Capital Portfoilo screenshot 1IDBI Capital Portfoilo screenshot 2IDBI Capital Portfoilo screenshot 3IDBI Capital Portfoilo screenshot 4IDBI Capital Portfoilo screenshot 5IDBI Capital Portfoilo screenshot 6
9

Emkay Blitz

by Emkay

Installs7K
Rating—
Last updatedOct 2025
View on Google Play ↗
Emkay Blitz screenshot 1Emkay Blitz screenshot 2Emkay Blitz screenshot 3Emkay Blitz screenshot 4Emkay Blitz screenshot 5Emkay Blitz screenshot 6
The business behind the activity

Investment banks financials in India

Revenue, profit and growth from the filed annual accounts of 296 investment banks companies in India for FY24-25 — 375 of the 921 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 34% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹6,382.42 cr

296 companies filing accounts

combined net profit₹1,685.51 cr

26.4% aggregate margin

are profitable75%

221 of 296 companies

median revenue~₹3.3 cr

the typical company

median revenue growth+16%

into FY24-25

earned by the top five34%

revenue concentration

Six-year view

Combined revenue of filing companies

₹2,479.55 crFY19-20272 filers
₹2,537.16 crFY20-21283 filers
₹3,858.07 crFY21-22299 filers
₹3,622.33 crFY22-23307 filers
₹5,247.38 crFY23-24327 filers
₹6,382.42 crFY24-25296 filers

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

Like-for-like

The same 261 companies over three years

+76%
FY22-23₹3,459.71 cr₹662.29 cr net
FY23-24₹4,842.16 cr₹1,150.51 cr net
FY24-25₹6,072.88 cr₹1,660.93 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 cr9748% profitable
₹1–10 cr10779% profitable
₹10–100 cr8098% profitable
₹100–1,000 cr1292% 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

Shrinking105
0–20%50
20–50%42
50–100%30
Doubled+58

285 companies with accounts for both years; median growth +16%.

Profitability

Profit is concentrated at the top

221profitable
75loss-making
26.4%aggregate margin
10.1%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
Indium CapitalINDIUM CAPITAL ADVISORS PRIVATE LIMITED+998%₹13.82 cr
KriscoreKRISCORE FINANCIAL ADVISORS PRIVATE LIMITED₹10.82 cr
Vantage PointVANTAGE POINT FINOVATION PRIVATE LIMITED₹35.30 cr
SMC CapitalsSMC CAPITALS LIMITED₹17.63 cr
TrustcapTRUSTCAP PRIVATE LIMITED
GYRGYR CAPITAL ADVISORS PRIVATE LIMITED
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Azimuth InvestmentsAZIMUTH INVESTMENTS LIMITED₹11.50 cr
Virtuous CapitalVIRTUOUS CAPITAL LIMITED69.4%₹18.24 cr
Hem SecuritiesHEM FINLEASE PVT LTD
KriscoreKRISCORE FINANCIAL ADVISORS PRIVATE LIMITED63.3%₹10.82 cr
Kreo CapitalKREO CAPITAL PRIVATE LIMITED
BondwellBONDWELL CORPORATE ADVISOR PRIVATE LIMITED59.8%
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Investment banks271₹5,868.71 cr~₹2.9 cr74%26.8%
Asset management7₹282.88 cr~₹7.6 cr86%18.8%
Services for investment industry5₹19.55 cr~₹3.8 cr80%23.4%
Management consulting services6₹17.09 cr~₹1.0 cr83%17.8%
Leaders

Largest investment banks companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Axis CapitalAxis Capital Limited₹782.63 cr₹168.55 cr21.5%+32%
Kotak Investment BankingKOTAK MAHINDRA CAPITAL COMPANY LIMITED₹669.16 cr₹364.89 cr54.5%+46%
EmkayEMKAY GLOBAL FINANCIAL SERVICES LIMITED₹339.66 cr₹58.91 cr17.3%+20%
Finquest SecuritiesFINQUEST SECURITIES PRIVATE LIMITED₹193.66 cr48.3%+86%
Equirus CapitalEQUIRUS CAPITAL LIMITED₹169.01 cr₹63.52 cr37.6%+103%
InCred CapitalINCRED CAPITAL FINANCIAL SERVICES LIMITED₹164.91 cr0.8%+24%
Pantomath GroupPANTOMATH CAPITAL ADVISORS PRIVATE LIMITED₹161.58 cr₹90.45 cr56.0%+218%
Unistone CapitalUNISTONE CAPITAL PRIVATE LIMITED₹144.81 cr₹61.01 cr42.1%+61%
IDBI CapitalIDBI CAPITAL MARKETS & SECURITIES LIMITED₹143.79 cr23.1%+17%
Beeline Capital AdvisorsBEELINE CAPITAL ADVISORS PRIVATE LIMITED₹128.67 cr₹37.28 cr29.0%+103%
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

Accounting and Tax Software Industry Landscape of India

The financials above are one chapter. The full investment banks landscape of India 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 India
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 India 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, India20

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

18Acquisition
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. Emkay Global Financial Services3
  3. Batlivala & karani securities3
  4. ArisUnitern RE Solutions1
  5. Mahaveera Capital Advisors LLP1

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

Investment banks funding in India

18 investment banks companies in India have recorded equity funding, US$89.43m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in India

Meet the people behind investment banks companies in India. 564 of 921 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore India investment banks companies by sub-sector

The most common specialisations among investment banks companies in India. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring investment banks in India and nearby markets.

Coming soon