Company lists
The Maharashtra edition · 2026

Private equity fundscompanies in Maharashtra

Private equity, asset managers, venture capital, real estate & infra, family offices and more: the companies building private equity funds in Maharashtra, with their founders, funding, team size and business models.

139 company profiles38 with reported revenue1 with recorded fundingOctober 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent private equity funds business events in India

Funding, M&A, contract wins and launches involving 323 private equity funds companies in India, last 24 months: 39 M&A deals · 3 Contracts · 2 launches · 2 funding rounds. 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
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 · 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
LaunchReview Agent

Lighthouse

Lighthouse has launched Review Agent, a feature that brings Booking.com and Expedia reviews into one dashboard for hotels.

Review management dashboard
ContractService

SPAG FINN Partners · client: Somerset indus capital partners

Somerset Indus Capital Partners, a healthcare focused private equity firm, has appointed SPAG FINN Partners as its strategic communications partner.

Healthcare
M&AAcquisition · Rumored

Niif acquires Sprng energy

NEW DELHI: India’s National Investment and Infrastructure Fund (NIIF), KKR and Sembcorp are locked in a tight race to acquire renewable energy supplier Sprng Energy from oil major Shell Plc.

Renewable Energy
M&AAcquisition · Announced

Xponentia capital acquires ASEGO Global Assistance

People familiar with the matter said Xponentia has invested around ₹175 crore to acquire approximately a 25-30% stake in ASEGO through a mix of primary and secondary stock.

Travel Assistance
M&AAcquisition · Completed

Somerset indus capital partners acquires Nu hospitals

Lakshmikumaran & Sridharan Attorneys acted as legal advisor to NU Hospitals Private Limited, its promoters, and certain non-promoter selling shareholders in connection with a significant…

Healthcare
M&AAcquisition · Announced

Motilal oswal alternates acquires Sensa core

4 months ago Motilal Oswal Alternates has acquired a significant minority stake in medical diagnostic equipment manufacturer Sensa Core for $72 million, the companies announced in a…

Medical diagnostics
M&AAcquisition · Announced

Samara capital acquires Smt

Samara Capital invested $150 million in stent manufacturer SMT.

Stent manufacturer
M&AAcquisition · Announced

Lighthouse acquires Thelawyer.com Limited

The Board announces that the Group has signed a sale and purchase agreement with Lighthouse Bidco Limited (the parent company of Legal Benchmarking Limited) for the sale of Thelawyer.com…

M&AAcquisition · Completed

A91 partners acquires SasMos HET Technologies

Through this transaction, A91 acquired a significant minority stake in SASMOS.

Aerospace & Defence
M&AAcquisition · Completed

Mentor Capital Limited and Alpana Dangi acquires Authum investment and infrastructure

The combined shareholding of Mentor Capital and Alpana Dangi in Authum Investment has risen from 71.54% to 74.28% of the company's total voting rights, representing an increase of 2.74%.

Investment and Infrastructure
M&AAcquisition · Completed

Ananta capital acquires Fonte Fashions India Private Limited

8 months ago Ananta Capital has completed the acquisition of a majority stake in Fonte Fashions India Private Limited, the parent company of Rubans, a digitally native, fast-growing…

Fashion & Jewelry
M&AAcquisition

Ananta capital acquires Fonte Fashions India Pvt. Ltd.

Private equity firm Ananta Capital has acquired a majority stake in Fonte Fashions India Pvt. Ltd., the parent company of fashion jewellery brand Rubans.

Private Equity
M&AAcquisition · Announced

TVS Motor acquires Authum investment & infrastructure

On June 17, 2025, TVS Motor Company Limited and Authum Investment & Infrastructure Limited exchanged their shares in the company through a block deal on the NSE. TVS Motor Company…

M&AAcquisition · Announced

Filter capital acquires M1xchange

Filter Capital, a growth-stage investment firm targeting technology-led businesses in India, has acquired approximately $10 million (84 Cr) worth of stake in M1xchange.

FinTech
M&AAcquisition · Announced

Eversource capital acquires Blusmart

According to a report by the Business Standard, Eversource has offered to buy BluSmart for Rs 800-Rs 1,000 crore

Electric ride-hailing startup
M&AAcquisition · Completed

Multiples alternate asset management acquires Peoplestrong

Multiples acquired the stake in PeopleStrong from various funds including PE firm Lumis Partners, HDFC Holdings and The HR Fund, for Rs518 crore.

SaaS
ContractSupply

Nippon · client: Nyk line

NYK Line has announced that it has concluded a contract for the construction and charter of a very large crude oil carrier (VLCC). The vessel will be constructed by Nippon Shipyard Co.,…

Shipping
Contract

Convergent Finance · client: Agilitas

Soon after its inception, Agilitas raised ₹430 crore in a funding round led by Convergent Finance.

Investment
M&AAcquisition · Completed

Motilal oswal alternates acquires Megafine pharma

Motilal Oswal Alternates (MO Alts), the private equity arm of Motilal Oswal Financial Services Ltd, has invested Rs 460 crore to acquire a majority stake in active pharmaceutical…

Pharmaceuticals
M&AAcquisition · Announced

Samara capital acquires Agro tech foods

Funds advised by Convergent Finance LLP and private equity firm Samara Capital have reached agreement to acquire a 51.8% stake in Agro Tech Foods Ltd. (ATFL) from Chicago-based Conagra…

Food & Beverage
M&AAcquisition · Announced

Jashvik Capital acquires Midas Hygiene

Mid-market private equity (PE) firm Jashvik Capital has acquired a significant stake in pest control and home care products maker Midas Hygiene, a joint statement issued by the two…

Consumer goods - Pest control and home care
M&AAcquisition · Announced

Multiples alternate asset management acquires Qburst

Multiples Alternate Asset Management (“Multiples”), along with its co‑investors, announced that it has signed definitive documents to acquire a controlling stake in a high‑growth digital…

M&AAcquisition · Announced

Fairbridge capital acquires Quess Corp Limited

Quess Corp Limited announced that its promoter, Fairbridge Capital (Mauritius) Limited, a subsidiary of Fairfax Financial Holdings Limited, has acquired 3,77,218 equity shares,…

M&AAcquisition · Announced

Fairbridge capital acquires Quess corp

Fairbridge Capital (Mauritius), a subsidiary of Fairfax Financial Holdings, acquired 3,77,218 equity shares of Quess Corp, representing 0.25% of the company's paid-up capital.

Managed outsourcing and technology-enabled services
M&AAcquisition · Announced

Jashvik Capital acquires Smart Vision Eye Specialities Pvt. Ltd

Private equity (PE) firm Jashvik Capital Advisory Llp is acquiring a majority stake in Smart Vision Eye Specialities Pvt. Ltd, a Hyderabad-based eye care hospital chain, said a person…

Private equity funds companies in Maharashtra, by revenue

Browse private equity funds companies in Maharashtra by reported revenue, one-year revenue growth, revenue model, age and stage. The 38 companies below are the largest by their most recent reported revenue among 38 private equity funds companies in Maharashtra 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 38

Private equity and real estate investment firm

Private equity funds
₹8,417.22 crFY 2024-25
+17%2024–2025
75LinkedIn · Oct 2026
20 yr2006
0none in 3 months

Provider of financial services across equity, debt, and structured products

Asset management
₹4,612.22 crFY 2024-25
+77%2024–2025
141LinkedIn · Oct 2026
44 yr1982
0none in 3 months

Private equity firm and fund of funds focused on multiple sectors

Private equity funds
₹2,520.72 crFY 2024-25
+24%2024–2025
2,338+12% 12 mo to Sep 2024LinkedIn · Oct 2026
6 yr2020
1postings · last posted Aug 2026

Private equity investment firm focused on buyouts

Private equity funds
₹788.17 crFY 2024-25
+173%2024–2025
85LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Private equity firm focused on multiple sectors

Private equity funds
₹385.95 crFY 2023-24
Not reported
28+9% 12 mo to Sep 2024LinkedIn · Oct 2026
89 yr1937
—No postings tracked

Private equity, infrastructure, and funds on funds focused on multiple sectors

Infrastructure funds
₹209.28 crFY 2024-25
-3%2024–2025
122+3% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of portfolio management services

Asset management
₹137.96 crFY 2024-25
+63%2024–2025
121+169% 12 mo to Sep 2024LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Private equity firm focused on multiple sectors

Private equity funds
₹95.16 crFY 2024-25
+21%2024–2025
68+10% 12 mo to Jul 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Provider of growth capital for businesses in consumer healthcare sectors

Private equity funds
₹79.41 crFY 2024-25
+94%2024–2025
24LinkedIn · Jul 2026
20 yr2006
0none in 3 months

Infrastructure investment and management firm

Infrastructure funds
₹64.37 crFY 2024-25
+21%2024–2025
37+20% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Investment firm focused on long-term capital appreciation through flexible approach

Private equity funds
₹58.48 crFY 2024-25
-9%2024–2025
7LinkedIn · Jul 2026
15 yr2011
0none in 3 months

Private equity firm investing in multiple sectors

Private equity funds
₹46.64 crFY 2024-25
-30%2024–2025
2-10% 12 mo to Sep 2023LinkedIn · Oct 2026
37 yr1989
0none in 3 months

Private equity and debt firm focused on multiple sectors

Services for investment industry
₹38.80 crFY 2021-22
Not reported
36LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Multi sectors investments focused PE firm

Private equity funds
₹32.69 crFY 2024-25
+782%2024–2025
—Not available
37 yr1989
0none in 3 months

Private equity investment firm focused on growth stage companies

Private equity funds
₹31.78 crFY 2024-25
-21%2024–2025
25recorded
19 yr2007
0none in 3 months

Private equity firm focused on investing in multiple sectors

Private equity funds
₹19.45 crFY 2024-25
+23%2024–2025
—Not available
18 yr2008
0none in 3 months

Private equity fund focused on multiple sectors

Private equity funds
₹18.35 crFY 2023-24
+253%2023–2024
16LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Private equity firm focused on healthcare and education sectors

Private equity funds
₹16.89 crFY 2024-25
+7%2024–2025
6+0% 12 mo to Dec 2020LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Diversified asset management firm

Private equity funds
₹15.86 crFY 2024-25
+19%2024–2025
20+12% vs previous recordLinkedIn · Jul 2026
11 yr2015
0none in 3 months

Privat equity firm

Private equity funds
₹15.65 crFY 2024-25
+347%2024–2025
—Not available
16 yr2010
0none in 3 months

Provider of private equity fund manager focused on the consumption opportunity through investments in emerging SME leaders

Private equity funds
₹14.06 crFY 2022-23
Not reported
30LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Private equity fund investing in multiple sectors

Private equity funds
₹13.32 crFY 2024-25
+19%2024–2025
11LinkedIn · Jul 2026
11 yr2015
0none in 3 months

Provider of private market investment solutions across venture capital and equity

Private equity funds
₹11.77 crFY 2024-25
+36%2024–2025
19LinkedIn · Jul 2026
20 yr2006
0none in 3 months

PE firm investing in India

Private equity funds
₹10.34 crFY 2024-25
+8%2024–2025
21LinkedIn · Jul 2026
17 yr2009
0none in 3 months

Corporate advisory and private equity firm focused on multiple sectors

Investment banks
₹9.91 crFY 2024-25
+45%2024–2025
—Not available
31 yr1995
0none in 3 months
38 of 139 companies shown here · the full list is on Radar
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Explore all 139 private equity funds companies in Maharashtra on Radar

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Explore private equity funds companies in Maharashtra by what you are looking for

Browse private equity firms in India based in Maharashtra, from buyout and growth equity funds to a list of private equity funds in Mumbai. You can also find venture capital funds, asset managers and family offices, plus top private equity funds that are publicly listed.

9 ways to explore private equity funds in Maharashtra

Private equity firms & buyout fundsAsset management & portfolio management firmsVenture capital fundsReal estate & infrastructure fundsFamily offices & private debt fundsInvestment banks & advisory firms

Private equity firms & buyout funds

Buyout and growth equity funds investing in established companies across sectors.

  1. Motilal Oswal

    Private equity and real estate investment firm

    Private equity funds
    See in list
  2. Nippon

    Private equity firm and fund of funds focused on multiple sectors

    Private equity funds
    See in list
  3. Champion Commercial

    Provider of investment opportunities as part of a specialty chemicals group

    Private equity funds
    Website
  4. Garnet International

    Private equity fund investing in small & mid-cap firms

    Private equity funds
    Website
  5. Lighthouse

    Provider of growth capital for businesses in consumer healthcare sectors

    Private equity funds
    See in list

Asset management & portfolio management firms

Firms that manage money across equity, debt and funds of funds for investors.

  1. Nippon

    Private equity firm and fund of funds focused on multiple sectors

    Private equity funds
    See in list
  2. ValueQuest

    Provider of portfolio management services

    Asset management
    See in list
  3. OAKS

    Diversified asset management firm

    Private equity funds
    See in list
  4. Finavenue

    Provider of alternative investment fund focused on small-mid cap Indian companies

    Hedge funds
    Website
  5. Authum

    Provider of financial services across equity, debt, and structured products

    Asset management
    See in list

Venture capital funds

Venture capital and private equity funds backing early and growth-stage businesses.

  1. matrix partners india

    Matrix Partners India is a venture capital firm that focuses on enterprise and consumer market at the seed, early, and early growth stages.

    Venture capital funds
    Website
  2. BlackHill Fund

    Private equity and venture capital investment fund

    Private equity funds
    Website
  3. Amara Partners

    Provider of a private equity firm that focuses on investing in and building everlasting businesses

    Venture capital funds
    Website
  4. Entelechy Fund

    Private equity incestment fund focused in impact-focused climate tech startups

    Private equity funds
    Website
  5. Mahansaria Group

    Private equity and business incubator backed by Mahansaria Family focused on manufacturing sector

    Accelerators & incubators
    Website

Real estate & infrastructure funds

Funds investing in property, infrastructure and sustainable or green projects.

  1. Motilal Oswal

    Private equity and real estate investment firm

    Private equity funds
    See in list
  2. NIIF

    Private equity, infrastructure, and funds on funds focused on multiple sectors

    Infrastructure funds
    See in list
  3. EverSource Capital

    Infrastructure investment and management firm

    Infrastructure funds
    See in list
  4. Gentium Capital

    Provider of investment banking services focused on healthcare, energy, and defense

    Investment banks
    Website
  5. Jashvik Capital

    Private equity firm focused on investing sustainable funds in healthcare and consumer brands

    Private equity funds
    Website

Family offices & private debt funds

Single family offices and private debt investors that deploy private capital.

  1. India Resurgence Fund

    Private equity and debt firm focused on multiple sectors

    Services for investment industry
    See in list
  2. Patni Financial Advisors

    Single family office of Patni family, Founder of Raay investments

    Single family offices
    Website
  3. ENARR

    Tech & Offline focused Venture debt & PE firm funding companies in India

    Private equity funds
    Website
  4. Chona Family Office

    Single family office of Ankit Chona, Founder of HOCCO Ice-creams

    Limited partners
    Website
  5. Mahansaria Group

    Private equity and business incubator backed by Mahansaria Family focused on manufacturing sector

    Accelerators & incubators
    Website

Investment banks & advisory firms

Capital raising, corporate advisory and investment consulting firms serving funds and investors.

  1. NAFA Capital Advisors

    Corporate advisory and private equity firm focused on multiple sectors

    Investment banks
    See in list
  2. Raghav Capital

    Private equity investment firm focused in listed equities, pre-IPO, and private equity

    Investment tech
    Website
  3. Gentium Capital

    Provider of investment banking services focused on healthcare, energy, and defense

    Investment banks
    Website
  4. Fourlion Capital

    Provider of investment management and advisory services focused on long-term growth

    Private equity funds
    Website

Private equity funds startups in Maharashtra

Newer private equity and investment firms in Maharashtra.

  1. Okintek Capital

    Search fund that acquires and actively leads a privately held company

    Private equity funds
    Website
  2. BlackHill Fund

    Private equity and venture capital investment fund

    Private equity funds
    Website
  3. Amara Partners

    Provider of a private equity firm that focuses on investing in and building everlasting businesses

    Venture capital funds
    Website
  4. Bombay Capital

    Provider of capital for buyouts and significant-control investments in mid-market businesses

    Private equity funds
    Website
  5. One Planet Partners

    Private equity investment firm focused on climate-positive growth businesses

    Private equity funds
    Website
17 companies in Maharashtra

Listed private equity & investment companies in Maharashtra

Publicly traded private equity and investment firms in Maharashtra.

  1. Authum

    Provider of financial services across equity, debt, and structured products

    Asset management
    See in list
  2. Nippon

    Private equity firm and fund of funds focused on multiple sectors

    Private equity funds
    See in list
  3. Champion Commercial

    Provider of investment opportunities as part of a specialty chemicals group

    Private equity funds
    Website
  4. Garnet International

    Private equity fund investing in small & mid-cap firms

    Private equity funds
    Website
  5. Onelife Capital

    Private equity investment firm focused on growth stage companies

    Private equity funds
    See in list
5 companies in Maharashtra

Private equity funds companies hiring in Maharashtra

Private equity and fund companies in Maharashtra with open roles.

  1. Nippon

    Private equity firm and fund of funds focused on multiple sectors

    Private equity funds
    See in list
  2. Mahansaria Group

    Private equity and business incubator backed by Mahansaria Family focused on manufacturing sector

    Accelerators & incubators
    Website
  3. BlackHill Fund

    Private equity and venture capital investment fund

    Private equity funds
    Website
  4. Amara Partners

    Provider of a private equity firm that focuses on investing in and building everlasting businesses

    Venture capital funds
    Website
  5. Vantage Oak

    Provider of capital and operational support to mid-market manufacturing businesses

    Private equity funds
    Website
5 companies in Maharashtra
Mobile reach

Top 3 private equity funds apps from Maharashtra

The most-installed Android apps published by private equity funds companies headquartered in Maharashtra — 3.7M installs between them. 3 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 3
1

Nippon India Mutual Fund

by Nippon

Installs3.0M
Rating4.0253K ratings
Installs, year on year+18%
Last updatedMay 2026
View on Google Play ↗
Nippon India Mutual Fund screenshot 1Nippon India Mutual Fund screenshot 2Nippon India Mutual Fund screenshot 3Nippon India Mutual Fund screenshot 4Nippon India Mutual Fund screenshot 5Nippon India Mutual Fund screenshot 6
2

Mirae Asset Mutual Fund

by Mirae Asset

Installs662K
Rating4.784K ratings
Last updatedJun 2026
View on Google Play ↗
Mirae Asset Mutual Fund screenshot 1Mirae Asset Mutual Fund screenshot 2Mirae Asset Mutual Fund screenshot 3Mirae Asset Mutual Fund screenshot 4Mirae Asset Mutual Fund screenshot 5
3

AXIS AMC PMS

by Axis AMC

Installs7K
Rating—
Last updatedJan 2026
View on Google Play ↗
AXIS AMC PMS screenshot 1AXIS AMC PMS screenshot 2AXIS AMC PMS screenshot 3AXIS AMC PMS screenshot 4
The business behind the activity

Private equity funds financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 38 private equity funds companies in Maharashtra for FY24-25 — 58 of the 139 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₹9,730.89 cr

38 companies filing accounts

combined net profit₹3,112.03 cr

32.0% aggregate margin

are profitable66%

25 of 38 companies

median revenue~₹12.5 cr

the typical company

median revenue growth+20%

into FY24-25

earned by the top five92%

revenue concentration

Six-year view

Combined revenue of filing companies

₹3,672.53 crFY19-2038 filers
₹5,444.75 crFY20-2143 filers
₹6,841.23 crFY21-2246 filers
₹6,082.75 crFY22-2346 filers
₹9,075.64 crFY23-2448 filers
₹9,730.89 crFY24-2538 filers

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

Like-for-like

The same 35 companies over three years

+93%
FY22-23₹4,982.70 cr₹1,368.22 cr net
FY23-24₹7,562.80 cr₹2,599.82 cr net
FY24-25₹9,641.39 cr₹3,123.64 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 cr425% profitable
₹1–10 cr1354% profitable
₹10–100 cr1471% profitable
₹100–1,000 cr5100% profitable
Over ₹1,000 cr2100% profitable

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

Momentum

How fast revenue moved into FY24-25

Shrinking10
0–20%9
20–50%6
50–100%6
Doubled+7

38 companies with accounts for both years; median growth +20%.

Profitability

Profit is concentrated at the top

25profitable
13loss-making
32.0%aggregate margin
9.3%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
TCGTCG ADVISORY SERVICES PRIVATE LIMITED+782%₹32.69 cr
FlorintreeFLORINTREE ADVISORS PRIVATE LIMITED+347%₹15.65 cr
Multiples Alternate Asset ManagementMULTIPLES ALTERNATE ASSET MANAGEMENT PRIVATE LIMITED+174%₹779.28 cr
LighthouseLIGHTHOUSE AMC PRIVATE LIMITED+94%₹79.41 cr
ValueQuestVALUEQUEST INVESTMENT ADVISORS PRIVATE LIMITED+62%₹137.84 cr
Patni Financial AdvisorsPatni Financial Advisors Private Limited+39%₹35.19 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Aurum VenturesAURUM VENTURES PRIVATE LIMITED82.9%₹137.76 cr
NipponNIPPON LIFE INDIA ASSET MANAGEMENT LIMITED53.3%₹2,348.28 cr
LICHFL Asset Management CompanyLICHFL ASSET MANAGEMENT COMPANY LIMITED44.8%₹19.45 cr
TCGTCG ADVISORY SERVICES PRIVATE LIMITED42.3%₹32.69 cr
Multiples Alternate Asset ManagementMULTIPLES ALTERNATE ASSET MANAGEMENT PRIVATE LIMITED33.9%₹779.28 cr
Motilal OswalMOTILAL OSWAL FINANCIAL SERVICES LIMITED25.4%₹5,478.33 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Private equity funds32₹9,247.35 cr~₹9.7 cr66%33.2%
Leaders

Largest private equity funds companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Motilal OswalMOTILAL OSWAL FINANCIAL SERVICES LIMITED₹5,478.33 cr₹1,391.33 cr25.4%+18%
NipponNIPPON LIFE INDIA ASSET MANAGEMENT LIMITED₹2,348.28 cr₹1,252.23 cr53.3%+25%
Multiples Alternate Asset ManagementMULTIPLES ALTERNATE ASSET MANAGEMENT PRIVATE LIMITED₹779.28 cr₹263.81 cr33.9%+174%
NIIFNATIONAL INVESTMENT AND INFRASTRUCTURE FUND LIMITED₹209.28 cr₹3.14 cr1.5%-3%
ValueQuestVALUEQUEST INVESTMENT ADVISORS PRIVATE LIMITED₹137.84 cr₹25.09 cr18.2%+62%
Aurum VenturesAURUM VENTURES PRIVATE LIMITED₹137.76 cr₹114.20 cr82.9%
ICICI VentureICICI VENTURE FUNDS MANAGEMENT COMPANY LIMITED+4%
LighthouseLIGHTHOUSE AMC PRIVATE LIMITED₹79.41 cr₹11.92 cr15.0%+94%
EverSource CapitalEVERSOURCE CAPITAL PRIVATE LIMITED₹64.37 cr−₹19.88 lakh-0.3%+21%
Samara CapitalSAMARA INDIA ADVISORS PRIVATE LIMITED₹59.29 cr₹2.48 cr4.2%+14%
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.

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

Private equity funds funding and M&A across India

2 recorded equity rounds have gone to 323 private equity funds companies in India — how much, at which stage, into which sub-sectors, from whom, and how Maharashtra compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months0

US$0k

equity rounds, last 24 months1

US$2.80m

raised over five yearsUS$2.80m

2 rounds in India

M&A deals, India39

last 24 months

Capital by year

Equity funding into private equity funds in India

amount rounds
$020241
$2.8m20251

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2025, with US$2.80m across 1 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$2.80m1 rounds · median US$2.80m
Where the money went · five years

Most-funded sub-sectors

Asset managementUS$2.80m1 rounds · 1 companies
Infrastructure fundsUS$0k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in India

39Acquisition

Most active acquirers

  1. Authum investment & infrastructure12
  2. True north3
  3. Multiples alternate asset management3
  4. Motilal oswal alternates2
  5. Samara capital2

Most acquired or merged

  1. Prataap Snacks2
  2. Cloudnine1
  3. Embio1
  4. Equitas small finance bank1
  5. Embio Ltd1

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

Founders and momentum in Maharashtra

Meet the people behind private equity funds companies in Maharashtra. 93 of 139 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra private equity funds companies by sub-sector

The most common specialisations among private equity funds companies in Maharashtra. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring private equity funds in India and nearby markets.

Coming soon