Company lists
The West Bengal edition · 2026

Investment industrycompanies in West Bengal

Investment banks, venture capital, incubators, investment research, investment advisors and more: the companies building investment industry in West Bengal, with their founders, funding, team size and business models.

91 company profiles19 with reported revenue0 with recorded fundingOctober 2026 edition
West Bengal · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent investment industry business events in India

Funding, M&A, contract wins and launches involving 4,229 investment industry companies in India, last 24 months: 157 M&A deals · 49 Contracts · 35 funding rounds · 34 launches. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

M&AAcquisition · Announced

True north acquires Cloudnine

True North looks to sell Cloudnine stake

Healthcare - fertility and maternity care
M&AAcquisition · Announced

True north acquires Embio

According to reports, True North invested about INR 478 crores to acquire a 25 percent stake in Embio.

Pharmaceuticals
FundingFund II

Mela Ventures

Mela has secured approval for a second fund targeting ₹600 crore, along with a ₹400 crore greenshoe option.

Investors Domestic family offices, Institutions, Development finance organisations
Venture capital / deeptech
M&AAcquisition · Announced

Axis bank acquires Axis Max Life Insurance

Private lender Axis Bank on Monday said it has raised its stake in Axis Max Life Insurance Company to 19.9%.

Insurance
M&AAcquisition · Announced

Mirae asset mutual fund acquires Equitas small finance bank

It has informed that the Reserve Bank of India has granted approval to Mirae Asset Mutual Fund to acquire a stake of up to 9.5% in the bank's paid-up capital or voting rights.

Banking
M&AAcquisition · Announced

Jsw group acquires Mg motor india

JSW Group acquires an additional 10% stake in MG Motor India from SAIC.

Automotive
ContractSupply

New Consolidated Construction Company Limited (NCCCL) · client: Welspun one logistics parks

Among the key wins is the construction of India's first vertical warehouse project for Welspun One Logistics Parks at the JNPA Special Economic Zone in Navi Mumbai.

Infrastructure
ContractService

Welspun One · client: Balmer lawrie

Welspun One has entered into a letter of intent with Balmer Lawrie & Co. for 65,000 sq ft of grade A warehousing space at WTC Nhava Sheva, expected to be operational by early 2027.

Logistics/Warehousing
M&AAcquisition · Announced

Jsw group acquires JSW MG Motor India

China's SAIC Motor is selling another 10% stake in JSW MG Motor India to the JSW Group. With this, JSW will become the biggest shareholder in the company.

Automotive
M&AAcquisition · Completed

Elevation capital acquires One97 communications

Elevation Capital V Limited has made a sale of equity shares of One97 Communications Limited (parent company of PayTM) on the NSE and BSE for an aggregate consideration of ₹963.6 crore.

M&AAcquisition · Completed

Authum investment & infrastructure acquires Prataap Snacks

Promoter Authum Investment & Infrastructure has acquired 3.11 lakh shares (1.3 percent) in Prataap Snacks for Rs 31.26 crore at Rs 1,004.38 per share.

Snack food manufacturer
M&AAcquisition · Announced

FIH Mauritius Investments Ltd acquires Iifl capital

FIH Mauritius Investments Ltd, a wholly owned subsidiary of Fairfax India Holdings Corporation, has acquired an additional equity interest in IIFL Capital Services Limited for…

M&AAcquisition · Completed

Peak xv partners acquires Mobikwik

Peak XV Partners has sold a $13.8 million stake in Indian fintech company MobiKwik, marking another step in the venture firm's gradual liquidity strategy across its portfolio.

Fintech
M&AAcquisition · Completed

Karma capital acquires Peak xv partners

Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV.

Venture Capital
M&AAcquisition · Completed

Florintree acquires Peak xv partners

Peak XV Partners has sold around 61 lakh shares, about 7.7 per cent of the company share capital, at an average sale price of Rs 214 share apiece. The total deal size is close to Rs 130…

Venture Capital
M&AAcquisition · Completed

Dymon Asia acquires Peak xv partners

Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV.

Venture Capital
M&AAcquisition · Completed

Viridian Asset Management acquires Peak xv partners

Florintree, Viridian Asset Management, Dymon Asia and Karma Capital have bought stakes from Peak XV.

Venture Capital
FundingStrategic Investment

Aspire Impact

Aspire Impact Gets Strategic Investment From Parinama Group

Investors The Parinama Group
Standards-based impact measurement and certification initiative focused on the Global South
ContractInfrastructure

Welspun One · client: Indev Infra

Warehousing and industrial real estate platform Welspun One on Tuesday said it has leased 2.10 lakh sq ft of space at the JNPA special economic zone to Indev Infra for warehousing and…

M&AAcquisition · Announced

Trifecta capital advisors acquires W.w. grainger

Trifecta Capital Advisors LLC increased its position in shares of W.W. Grainger by 25.5% in the third quarter. Trifecta Capital Advisors LLC now owns 64 shares of the industrial products…

Industrial products
M&AMerger · Completed

Sundaram Alternate Assets acquires Capitalgate Investment Advisors Private Limited (CGIA)

Sundaram Finance Limited has successfully completed the amalgamation of its wholly-owned subsidiary, Capitalgate Investment Advisors Private Limited (CGIA), with Sundaram Alternate…

Business and management consultancy services
LaunchTattvaX Cohort 2

i-Hub

Gujarat's i-Hub has announced the launch of TattvaX Cohort 2, targeting high-impact sectors like space, defence, and drone technologies.

Startup accelerator
ContractService

Citroen Finance · client: Axis bank

Citroen today announced that it has entered into an arrangement with Axis Bank, as a preferred banking partner, to introduce Citroen Finance in India.

Automotive Finance
LaunchGen Alpha Decoded: The Consumer-Brand Dynamic

Rukam capital

Commenting on the launch of the report, Archana Jahagirdar, Founder and Managing Partner, Rukam Capital, said…

FundingPre-seed and seed

Cloud capital

Cloud Capital Raises $7.7 mn Cloud Capital, a SaaS-based cloud financial management platform, raised $7.7 million in combined pre-seed and seed funding led by Connect Ventures, Backed…

Investors Connect ventures, Backed Ventures, Middlegame ventures
SaaS
M&AAcquisition · Announced

Jaipur Capital acquires Burdaluxury

Burda Media has sold BurdaLuxury, its Southeast Asia media business, to Singapore-based investment firm Jaipur Capital, with the transaction effective 31 March 2026.

Content marketing
M&AAcquisition · Announced

Jaipur Capital acquires Burdaluxury

Mumbai: Burda Media has announced the sale of its Southeast Asia-based media business, BurdaLuxury, to Jaipur Capital, marking a strategic shift in its global portfolio and regional…

Media
ContractSupply

Texmaco rail & engineering · client: Jsw group

Texmaco Rail & Engineering Ltd on Tuesday announced that it has secured an order worth ₹357.11 crore from the JSW Group for the manufacture and supply of railway wagons and rakes.

Rail Freight
LaunchTata AIA Large Mid Cap Innovation Fund

Tata AIA Life Insurance

The newly launched funds include the Tata AIA Large Mid Cap Innovation Fund, Tata AIA Large Mid Cap Innovation Pension Fund, and Tata AIA Global AI & Technology Leaders Fund.

Fund

Investment industry companies in West Bengal, by funding and team

Few investment industry companies in West Bengal publish revenue, so this list compares what is on record instead: recorded equity funding, team size, revenue model, age and stage. The 50 companies below lead on recorded funding and team size among 91 active companies.

Showing 25 of 50

Venture capital investment firm focused on multi-sector

Venture capital funds
—None recorded
75+90% 12 mo to Sep 2024LinkedIn · Oct 2026
Advertising / Commission on transaction
9 yr2017
0none in 3 months

Venture capital firm focused on early-stage investments

Venture capital funds
—None recorded
56+8% vs previous recordrecorded
Fee-for-service
18 yr2008
—No postings tracked

Startup accelerator and incubator focused on tech companies

Accelerators & incubators
—None recorded
31LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
7 yr2019
0none in 3 months

Investment banking and wealth management firm

Asset management
—None recorded
76-7% 12 mo to Sep 2024LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
37 yr1989
0none in 3 months

Investment banking firm

Investment banks
—None recorded
16-58% 12 mo to Sep 2024LinkedIn · Oct 2026
Commission on transaction / Fee-for-service
43 yr1983
0none in 3 months

Real estate & infrastructure fund focused on multiple sectors

Infrastructure funds
—None recorded
7recorded
Commission on transaction / Fee-for-service
33 yr1993
0none in 3 months

Merger and acquisition advisory firm

Investment banks
—None recorded
3recorded
Commission on transaction / Fee-for-service
40 yr1986
—No postings tracked

Provider of incubation, acceleration, pre-incubation, nurture, and immersion programs

Accelerators & incubators
—None recorded
87+0% 12 mo to Sep 2024LinkedIn · Jul 2026
Fee-for-service
12 yr2014
0none in 3 months · last posted Jul 2026

Investment bank

Investment banks
—None recorded
—Not available
Fee-for-service
21 yr2005
0none in 3 months

M&A advisory firm

Investment banks
—None recorded
—Not available
Commission on transaction / Fee-for-service
19 yr2007
0none in 3 months

Venture capital firm focused on technology companies

Venture capital funds
—None recorded
5LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
18 yr2008
0none in 3 months

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

Venture capital funds
—None recorded
22LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
9 yr2017
0none in 3 months

Investment bank

Investment banks
—None recorded
6LinkedIn · Jul 2026
Fee-for-service
17 yr2009
0none in 3 months

Startup accelerator and incubator

Accelerators & incubators
—None recorded
1LinkedIn · Jul 2026
Fee-for-service
16 yr2010
0none in 3 months

Startup accelerator firm for tech startups

Accelerators & incubators
—None recorded
3LinkedIn · Jul 2026
Fee-for-service
9 yr2017
0none in 3 months

Accelerator & Incubator focused on startups operating across India

Accelerators & incubators
—None recorded
19LinkedIn · Jul 2026
Fee-for-service
10 yr2016
0none in 3 months

Provider of investment research services

Investment research services
—None recorded
—Not available
Fee-for-service
7 yr2019
0none in 3 months

Seed & early stage tech-focused VC firm investing primarily in India

Venture capital funds
—None recorded
8LinkedIn · Jul 2026
Fee-for-service
15 yr2011
0none in 3 months

Provider of foreign exchange services and solutions

Investment consultants
—None recorded
—Not available
Commission on transaction / E-commerce - service
8 yr2018
0none in 3 months

VC fund backed by Indian Angel Network

Venture capital funds
—None recorded
198LinkedIn · Jul 2026
Fee-for-service
20 yr2006
0none in 3 months

Proprietary investment firm exploring opportunities in listed companies with long-term horizon

Private equity funds
—None recorded
35LinkedIn · Jul 2026
Commission on transaction / E-commerce - service
32 yr1994
0none in 3 months

Provider of investment banking and capital services

Investment banks
—None recorded
—Not available
Commission on transaction / Fee-for-service
30 yr1996
—No postings tracked

India focused VC firm

Venture capital funds
—None recorded
12LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
17 yr2009
0none in 3 months

Venture capital firm investing in seed & pre-series A startups

Venture capital funds
—None recorded
2LinkedIn · Jul 2026
Commission on transaction / Fee-for-service
6 yr2020
—No postings tracked

Accelerator that supports agri-tech startups

Accelerators & incubators
—None recorded
7LinkedIn · Jul 2026
Fee-for-service
5 yr2021
0none in 3 months
50 of 91 companies shown here · the full list is on Radar
Fliar Radar

Explore all 91 investment industry companies in West Bengal on Radar

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

Open investment industry in West Bengal on Radar
  • Every company, not just 50All 91 investment industry companies in West Bengal, 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 industry companies in West Bengal by what you are looking for

Browse the list of investment companies in West Bengal, from investment banks to venture capital funds and research firms. Compare the types of investment companies, startup investors and incubators based in Kolkata and beyond.

9 ways to explore investment industry in West Bengal

Investment banks & wealth management firmsVenture capital funds investing in startupsStartup accelerators & incubatorsInvestment research & stock market advisoryInvestment consultants & advisorsPrivate equity funds & family offices

Investment banks & wealth management firms

Investment banking, corporate advisory and wealth management firms.

  1. Sumedha Fiscal Services

    Investment banking and wealth management firm

    Asset management
    See in list
  2. Patni Financial Services

    Corporate advisory & wealth management firm

    Asset management
    See in list
  3. VC Corporate Advisors

    Investment bank

    Investment banks
    See in list
  4. Leverage Capital Group

    M&A advisory firm

    Investment banks
    See in list
  5. Quest Capital Markets

    Merger and acquisition advisory firm

    Investment banks
    See in list

Venture capital funds investing in startups

Seed and early-stage venture capital firms funding startups.

  1. VSL Ventures

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

    Venture capital funds
    See in list
  2. Navam Capital

    Venture capital firm focused on technology companies

    Venture capital funds
    See in list
  3. Divinotech

    Seed & early stage tech-focused VC firm investing primarily in India

    Venture capital funds
    See in list
  4. WSE Ventures

    Venture capital fund investing in multiple sectors

    Venture capital funds
    See in list
  5. Amrex Ventures

    Private equity fund focused on mid-market companies

    Venture capital funds
    Website

Startup accelerators & incubators

Incubators and accelerators that support early-stage startups.

  1. FreeFlow

    Startup accelerator and incubator focused on tech companies

    Accelerators & incubators
    See in list
  2. IIMCIP

    Provider of incubation, acceleration, pre-incubation, nurture, and immersion programs

    Accelerators & incubators
    See in list
  3. ABIF IIT Kharagpur

    Accelerator that supports agri-tech startups

    Accelerators & incubators
    See in list
  4. Neotec Hub

    Startup incubator backed by Ambuja Neotia Group

    Accelerators & incubators
    Website
  5. Sign-In

    Provider of financial solutions and start up incubation

    Accelerators & incubators
    Website
14 companies in West Bengal

Investment research & stock market advisory

Investment research providers and stock market advisory services.

  1. Goldilocks Premium Research

    Provider of investment research services

    Investment research services
    See in list
  2. FeedSense

    Provider of financial market research services

    Investment research services
    See in list
  3. Cresco

    Provider of investment research & advisory services

    Investment research services
    See in list
  4. Eureka Stock and Share Broking Services

    Online platform offering stock and share brokering services

    Brokers and dealers
    See in list
  5. Augmenta

    Provider of investment research services

    Investment research services
    See in list

Investment consultants & advisors

Investment advisory and financial planning firms for individuals and businesses.

  1. Abhinandan Forex

    Provider of foreign exchange services and solutions

    Investment consultants
    See in list
  2. Madanlal

    Investment advisory firm

    Investment consultants
    Website
  3. Univesto

    Provider of financial and investment planning and advisory services

    Investment consultants
    See in list
  4. Aveksat Financial Advisory

    Provider of equity investment advisory services for high-net-worth individuals and firms

    Investment consultants
    See in list
  5. Merfin Advisors

    Investment consulting firm

    Investment consultants
    Website

Private equity funds & family offices

Private equity firms, single family offices and long-term investors.

  1. U.Y. Fincorp

    Real estate & infrastructure fund focused on multiple sectors

    Infrastructure funds
    See in list
  2. Ratnabali Group

    Proprietary investment firm exploring opportunities in listed companies with long-term horizon

    Private equity funds
    See in list
  3. Agarwal Family Office

    Single family office of Dr. Suresh Kumar Agarwal and Chandan Agarwal, Suresh kumar Agarwal- Physician of Homoeopathy and Chandan Agarwal- Chartered Accountant

    Single family offices
    See in list
  4. Birla Industries Provident Fund

    Provident fund focused on employees on Birla industries

    Limited partners
    Website
  5. Nayak & Roy Group

    Private equity investment firm

    Private equity funds
    Website

Investment industry startups in West Bengal

Newer investment firms and platforms founded in recent years.

  1. FeedSense

    Provider of financial market research services

    Investment research services
    See in list
  2. ABIF IIT Kharagpur

    Accelerator that supports agri-tech startups

    Accelerators & incubators
    See in list
  3. Breathe Capital

    Venture capital fund focused on early stage technology companies

    Venture capital funds
    See in list
  4. Avora Advisors

    Financial services firm empowering SMEs

    Accelerators & incubators
    Website
  5. Array Ventures

    Venture capital firm

    Venture capital funds
    Website
15 companies in West Bengal

Investment industry companies hiring in West Bengal

Investment companies with open roles right now.

  1. IIMCIP

    Provider of incubation, acceleration, pre-incubation, nurture, and immersion programs

    Accelerators & incubators
    See in list
  2. MMR Realty

    Provider of real estate consulting and property selection assistance services

    Investment banks
    See in list
  3. Eureka Stock and Share Broking Services

    Online platform offering stock and share brokering services

    Brokers and dealers
    See in list
  4. Leverestfin

    Provider of debt syndication and financial advisory services

    Asset management
    See in list
  5. Univesto

    Provider of financial and investment planning and advisory services

    Investment consultants
    See in list
5 companies in West Bengal

Listed investment companies in West Bengal

Publicly listed investment industry companies.

  1. U.Y. Fincorp

    Real estate & infrastructure fund focused on multiple sectors

    Infrastructure funds
    See in list
  2. Sumedha Fiscal Services

    Investment banking and wealth management firm

    Asset management
    See in list
  3. Likhami Consulting

    Investment advisory firm

    Investment consultants
    Website
  4. RPSG Ventures

    Venture capital investment firm focused on multi-sector

    Venture capital funds
    See in list
4 companies in West Bengal
Mobile reach

Top 4 investment industry apps from West Bengal

The most-installed Android apps published by investment industry companies headquartered in West Bengal — 18K installs between them. 4 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 4
2

Univesto Wealth

by Univesto

Installs64
Rating—
Last updatedApr 2026
View on Google Play ↗
Univesto Wealth screenshot 1Univesto Wealth screenshot 2Univesto Wealth screenshot 3Univesto Wealth screenshot 4Univesto Wealth screenshot 5Univesto Wealth screenshot 6
The business behind the activity

Investment industry financials in West Bengal

Revenue, profit and growth from the filed annual accounts of 18 investment industry companies in West Bengal for FY24-25 — 23 of the 91 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 92% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,197.91 cr

18 companies filing accounts

combined net profit₹39.90 cr

3.3% aggregate margin

are profitable72%

13 of 18 companies

median revenue~₹7.6 cr

the typical company

median revenue growth+4%

into FY24-25

earned by the top five92%

revenue concentration

Six-year view

Combined revenue of filing companies

₹488.71 crFY19-2016 filers
₹153.04 crFY20-2117 filers
₹235.94 crFY21-2220 filers
₹375.71 crFY22-2319 filers
₹760.89 crFY23-2418 filers
₹1,197.91 crFY24-2518 filers

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

Like-for-like

The same 16 companies over three years

+220%
FY22-23₹374.61 cr₹35.64 cr net
FY23-24₹760.04 cr₹116.40 cr net
FY24-25₹1,197.82 cr₹45.39 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 cr520% profitable
₹1–10 cr580% profitable
₹10–100 cr5100% profitable
₹100–1,000 cr3100% 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

Shrinking8
0–20%5
20–50%0
50–100%0
Doubled+3

16 companies with accounts for both years; median growth +4%.

Profitability

Profit is concentrated at the top

13profitable
5loss-making
3.3%aggregate margin
8.3%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
Abhinandan ForexABHINANDAN FOREX PRIVATE LIMITED+563%₹809.09 cr
FreeFlowFREEFLOW VENTURES PRIVATE LIMITED+231%₹21.00 cr
VSL VenturesVSL VENTURES PRIVATE LIMITED+107%₹31.42 cr
Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD
IIMCIPIIMCALCUTTA INNOVATION PARK+10%₹15.82 cr
Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD+9%₹105.42 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
IIMCIPIIMCALCUTTA INNOVATION PARK44.4%₹15.82 cr
FreeFlowFREEFLOW VENTURES PRIVATE LIMITED43.6%₹21.00 cr
Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD
U.Y. FincorpU. Y. FINCORP LIMITED10.4%₹112.99 cr
Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD6.2%₹105.42 cr
Smifs Capital MarketsNEXOME CAPITAL MARKETS LIMITED2.7%₹44.22 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Investment banks5₹57.15 cr~₹5.5 cr60%10.4%
Leaders

Largest investment industry companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Abhinandan ForexABHINANDAN FOREX PRIVATE LIMITED₹809.09 cr₹71.88 lakh0.1%+563%
U.Y. FincorpU. Y. FINCORP LIMITED₹112.99 cr₹11.73 cr10.4%-43%
Sumedha Fiscal ServicesSUMEDHA FISCAL SERVICES LTD₹105.42 cr₹6.59 cr6.2%+9%
Smifs Capital MarketsNEXOME CAPITAL MARKETS LIMITED₹44.22 cr₹1.18 cr2.7%-82%
VSL VenturesVSL VENTURES PRIVATE LIMITED₹31.42 cr₹35.55 lakh1.1%+107%
Patni Financial ServicesPATNI FINANCIAL SERVICES PVT LTD
FreeFlowFREEFLOW VENTURES PRIVATE LIMITED₹21.00 cr₹9.16 cr43.6%+231%
IIMCIPIIMCALCUTTA INNOVATION PARK₹15.82 cr₹7.02 cr44.4%+10%
Goldilocks Premium ResearchGOLDILOCKS PREMIUM RESEARCH PRIVATE LIMITED₹8.32 cr₹3.14 cr37.8%+14%
Indcap AdvisorsINDCAP ADVISORS PRIVATE LIMITED₹2.69 cr38.9%-29%
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

Investment Industry Landscape of India

The financials above are one chapter. The full investment industry landscape of West Bengal 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 industry landscape of West Bengal
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 industry funding and M&A across India

133 recorded equity rounds have gone to 4,229 investment industry companies in India — how much, at which stage, into which sub-sectors, from whom, and how West Bengal compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months2

US$6.11m

equity rounds, last 24 months12

US$290.00m

raised over five yearsUS$805.39m

54 rounds in India

M&A deals, India157

last 24 months

Capital by year

Equity funding into investment industry in India

amount rounds
$68m201811
$499m20198
$15m20204
$216m20219
$24m20228
$12m202314
$266m202413
$281m20258
$6.1m20262

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$499.26m across 8 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$42.87m18 rounds · median US$259k
SeedUS$21.00m20 rounds · median US$951k
Series AUS$16.69m6 rounds · median US$2.17m
Series BUS$34.05m5 rounds · median US$3.45m
Series CUS$24.50m1 rounds · median US$24.50m
Series D+US$666.29m3 rounds · median US$217.13m
Where the money went · five years

Most-funded sub-sectors

Infrastructure fundsUS$666.29m5 rounds · 3 companies
Investment banksUS$38.40m9 rounds · 8 companies
Asset managementUS$29.42m3 rounds · 3 companies
Consumer and sme loansUS$24.50m1 rounds · 1 companies
Accelerators & incubatorsUS$16.56m10 rounds · 4 companies
Real estate & infrastructure developersUS$9.65m4 rounds · 1 companies
Investment consultantsUS$8.17m6 rounds · 4 companies
Corporate activity · last 24 months

M&A in India

152Acquisition
5Merger

Most active acquirers

  1. Jsw group23
  2. Premji invest14
  3. Authum investment & infrastructure12
  4. Aurum proptech5
  5. Axis bank4

Most acquired or merged

  1. Peak xv partners5
  2. Avendus5
  3. Batlivala & karani securities3
  4. JSW MG Motor India2
  5. Prataap Snacks2

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

Go deeper in the investment industry landscape reports:

Investment Industry Landscape of India

Founders and momentum in West Bengal

Meet the people behind investment industry companies in West Bengal. 43 of 91 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore West Bengal investment industry companies by sub-sector

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

Keep exploring investment industry in India and nearby markets.

Coming soon