Best Investment Banks Companies in India
The 928 best Investment Banks companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Avendus.
$4.3 billion in combined revenue across 461 filers tells you what Investment Banks in India actually look like at scale. This directory tracks 928 such companies, and we've ranked them by disclosed equity funding and recent funding momentum so you can cut straight to what's been validated.
The revenue concentration is stark. Motilal Oswal Financial Services pulled $972 million last year, up 17%, while JM Financial hit $580 million at a striking 45% clip. JM Financial's net income alone came in at $59 million, roughly 1,518 times the sector median of $39,076. Avendus leads on disclosed funding at $175 million, with InCred Capital at $37 million behind it. Median revenue across filers sits at $283,333, growing at 11% annually, which is steady if unspectacular. The bigger story is at the top. And on the regulatory front, investment bankers are already pushing Sebi to widen block deal price bands, a signal that deal activity is pressing against existing rules. The global market, per Market Research Future, is forecast to grow from $35.4 billion in 2024 to $57.8 billion by 2035, a 4.55% CAGR that gives the sector's domestic momentum real runway.
- The Harris Poll
Ranked: Best Investment Banks companies in India
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Tech stack | Market signals (1y) | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | JM Financial Provider of investment banking, wealth management, and institutional equities services | $584M FY2024 | — | 72 mo ago | +45% | Windows ServerMicrosoft ASP.NETBootstrap+8 | — | — |
| 2 | S Forty Five Provider of investment banking services, assisting companies with initial public offerings | $268M FY2025 | $5M | 3 mo ago | +143737% | Framer SitesReactCloudflare Zaraz+9 | — | — |
| 3 | Avendus Corporate consultancy and advisory service provider | $183M FY2025 | $175M | 94 mo ago | +53% | Node.jsEnvoyReact+17 | 5 signals M&A | — |
| 4 | InCred Capital Private debt firm | $66M FY2025 | $37M | 91 mo ago | +57% | WordPressApple iCloud MailGoogle Workspace+25 | — | — |
| 5 | Equirus Capital Corporate financial advisory fiirm focused on middle market companies | $45M FY2025 | $8M | 17 mo ago | +63% | SentryZohoNode.js+20 | 11 signals ▲267% Leadership · M&A | 1 expansion |
| 6 | Almondz Corporate advisory firm focused on multiple sectors | $18M FY2025 | — | 222 mo ago | +26% | Google MapsBootstrapApache HTTP Server+10 | — | — |
| 7 | o3 Capital Mid-market investment bank | $9M FY2025 | $4M | 201 mo ago | +28% | PHPBootstrapApache HTTP Server+8 | — | — |
| 8 | Resurgent India Developer of digital platform for merchant banking solutions | $9M FY2025 | $150K | 194 mo ago | +8% | WordPressMySQLSalesforce+24 | — | — |
| 9 | aXYKno Corporate and M&A advisory firm focused on mid-market | $9M FY2025 | $383K | 98 mo ago | -1% | Google MapsBootstrapApache HTTP Server+11 | — | — |
| 10 | Nisus Finance Services Investment banking and asset management firm | $8M FY2025 | $81K | 141 mo ago | +56% | Node.jsFirebaseBootstrap+23 | 6 signals ▼73% Earnings · M&A · Acquisition | — |
| 11 | Capital Fortunes Investment bank focused on multiple sectors | $6M FY2025 | $321K | 196 mo ago | +22% | WordPressMySQLPHP+12 | — | — |
| 12 | IndigoEdge M&A and capital raising advisory firm focused on consumer brands and technology companies | $5M FY2025 | — | 159 mo ago | +70% | WordPressMySQLPHP+17 | — | 1 internship · 1 award |
| 13 | Inga Ventures Provider of financial and strategic advisory services focused on mid-cap segment | $3M FY2025 | $1M | 87 mo ago | +60% | BootstrapApache HTTP ServerAmazon Web Services+10 | — | — |
| 14 | Nine Rivers Capital Investment bank & corporate advisory firm focused on lower & mid-market companies | $3M FY2025 | $489K | 159 mo ago | +17% | YouTubeBootstrapApache HTTP Server+13 | — | — |
| 15 | 3DCSL Corporate advisory firm focused on multiple sectors | $956K FY2025 | — | — | +33% | WordPressMySQLPHP+23 | — | — |
| 16 | 7i Capital Advisors M&A advisory firm | $860K FY2024 | — | — | -43% | WordPress Block EditorElementorWordPress+21 | — | — |
| 17 | Kayess Square Consulting Business consultancy and advisory service provider | $839K FY2025 | $1M | 5 mo ago | +31% | WordPressMySQLPHP+16 | 3 signals Funding | 3 job openings |
| 18 | Credent Global Diversified asset management and capital raising advisory firm focused on real estate and multiple sectors | $817K FY2025 | $140K | 86 mo ago | +44% | TypeScriptApexCharts.jsYouTube+17 | — | — |
| 19 | Dimensions Full-service investment banking firm focused on auto & pharma based companies | $781K FY2024 | — | 128 mo ago | — | Cart FunctionalityShopifyTailwind CSS+11 | — | — |
| 20 | Altamount Capital Management Boutique financial services firm | $672K FY2023 | $1M | 123 mo ago | — | — | — | — |
| 21 | AARC Partners Corporate finance advisory and investment banking firm | $540K FY2024 | — | — | — | — | — | — |
| 22 | Aarayaa Investment bank & corporate advisory firm | $537K FY2025 | — | — | +1% | WordPressMySQLPHP+8 | — | — |
| 23 | Four-S Services M&A and financial advisory firm focused on multiple sectors | $498K FY2025 | $96K | 243 mo ago | +472% | — | — | — |
| 24 | Done Deal Strategic capital and funding platform for startups | $386K FY2025 | $2M | 34 mo ago | +1109% | WebflowAmazon Web ServicesGSAP+15 | — | — |
| 25 | Aabhar Corporate Services M&A and financial advisory firm focused on multiple sectors | $332K FY2025 | — | — | +9% | — | — | 1 partnership |
| 26 | Zanskar Advisors M&A advisory firm focused on mid-market companies | $273K FY2025 | $311K | 142 mo ago | -13% | — | — | — |
| 27 | NEXGEN Financial Solutions Corporate advisory firm | $221K FY2025 | — | 37 mo ago | +160% | DreamWeaverLiteSpeedGoogle Analytics+1 | — | — |
| 28 | CapSavvy Corporate consultancy and business advisory service provider | $143K FY2025 | — | 40 mo ago | +18% | — | — | — |
| 29 | Nova Capital Advisors Investment bank firm | $75K FY2025 | $189K | 164 mo ago | -58% | — | — | — |
Top 12 Investment Banks companies in India
#1
Seed · India · founded 2025$5Mraised▾
Provider of investment banking services, assisting companies with initial public offerings. The company offers support for readiness, compliance, pricing, and allocation. It screens financials and governance to confirm listing readiness. The company generates timelines and monitors filings, also providing support for investor relations.
- Feb 2026Seed$5M
#2
Seed · Mumbai, Maharashtra · founded 2011$28.8Mraised▾
Corporate consultancy and advisory service provider. It offers fee-based business, including syndication for third parties, merchant banking in the debt segment, and offers mergers and acquisitions and financing advisory, enabling domestic clients and investors to access corporate bond market opportunities and manage alternative investments.
- Jun 2025Angel$28.8M
#3
Seed · Bengaluru, Karnataka · founded 2017$1.1Mraised▾
Business consultancy and advisory service provider. It aids startups and businesses by offering personalized consulting services. It provides range of services including deal and investment advisory, due diligence, valuation service, secretarial and legal, CFO service, investment agreements, business consulting, risk advisory, and tax advisory and compliance.
- Jan 2026Seed$1.1M
#4
Seed · Mumbai, Maharashtra · founded 2007 · 91 employees$7.9Mraised▾
Corporate financial advisory fiirm focused on middle market companies
- Dec 2024Seed$2.3M
- Sep 2021Seed$331.2K
- Sep 2019Seed$94K
- Jul 2018Seed$2.1M
#5
Acquired · Mumbai, Maharashtra · founded 1999 · 215 employees$175.3Mraised▾
Corporate consultancy and advisory service provider. It provides investment across investment banking, institutional equities, wealth management, asset management. It offers credit solutions to entrepreneurs and corporates. The company helps clients manage their financial goals through its expertise in deal-making, investment strategies, and wealth creation.
- Jul 2018Series B$2.6M
- Nov 2017Series B$152M
- Jul 2008Series A$23.3M
- Mar 2008Unattributed$30.7K
#6
Series A · Mumbai, Maharashtra · founded 2016 · 40 employees$37.4Mraised▾
Private debt firm. It also works as investment bank and provides asset management services.
- Nov 2018Series A$37.4M
#7
Seed · Mumbai, Maharashtra · founded 2022 · 17 employees$1.5Mraised▾
Strategic capital (M&A) and funding platform for startups. It connects startups with strategic investors, acquirers and VCs, family offices through the platform. Aims to modernize the legacy M&A and fund raising process by adding features to improve transparency, trust and speed using technology.
- Aug 2023Seed$800K
#8
Public · Delhi, Delhi · founded 1990 · 2333 employees$22.3Mraised▾
Stock Broker and investment banking firm focused on multiple sectors
- Sep 2008Conventional Debt$22.3M
- Jul 2008Unattributed—
#9
Series A · Bengaluru, Karnataka · founded 2007 · 118 employees$4.4Mraised▾
Mid-market investment bank. Provides financial and strategic advice in the fields of corporate finance, alternative asset management, capital syndication and M&A. Clients include start-ups, private equity houses, and global corporate entities. Focuses on sectors such a consumer, healthcare, technology, life sciences, industrials and financial services.
- Aug 2009Series A$3.8M
- Jul 2008Seed$116.6K
- Jun 2007Seed$540.1K
#10
Seed · Mumbai, Maharashtra · founded 2008$1.2Mraised▾
Boutique financial services firm. It specializes in providing client-centric solutions across several areas including Family Office services, Equity Advisory, Corporate Advisory, and select Wealth Management opportunities. It also serves institutional investors, and high-net-worth family offices, offering cross-border financial solutions and advisory services.
- Mar 2016Seed$342.6K
- May 2015Angel$157K
- Nov 2013Angel$129.9K
- Jan 2012Angel$110.5K
#11
Seed · Mumbai, Maharashtra · founded 2018$1Mraised▾
Provider of financial and strategic advisory services focused on mid-cap segment. The firm assists companies with fund raising and capital structuring programs. It offers services related to private equity funds, including assistance with growth phase, public listings, and strategic divestments.
- Mar 2019Seed$1M
#12
Seed · Mumbai, Maharashtra · founded 2008$489.5Kraised▾
Investment bank & corporate advisory firm focused on lower & mid-market companies
- Mar 2013Seed$96.4K
- Dec 2008Angel$393K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Investment Banks coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
Common questions
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.