Company lists
The Maharashtra edition · 2026

Services for investment industrycompanies in Maharashtra

Asset management, consulting & advisory, investment banks, brokers & trading, investment tech and more: the companies building services for investment industry in Maharashtra, with their founders, funding, team size and business models.

318 company profiles114 with reported revenue11 with recorded fundingSeptember 2026 edition
Maharashtra · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent services for investment industry business events in Maharashtra

Funding, M&A, contract wins and launches involving 350 services for investment industry companies in Maharashtra, last 24 months: 14 M&A deals · 11 Contracts · 10 launches · 5 funding rounds. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: May 2026.

ContractService

Welspun enterprises · client: Indo Global Soft Solutions and Technologies Pvt Ltd

In March 2026, Welspun Enterprises Ltd had leased 4.5 lakh sq ft of commercial office space in Radius IT Park in Pune's Hinjewadi for over ₹82 crore, according to property registration…

Real Estate
Contract

Indo Global Soft Solutions and Technologies Pvt Ltd · client: Welspun enterprises

In March 2026, Welspun Enterprises Ltd had leased 4.5 lakh sq ft of commercial office space in Radius IT Park in Pune's Hinjewadi for over ₹82 crore, according to property registration…

LaunchPRISM

Axis Trustee Services

Axis Trustee Services Limited, a wholly owned subsidiary of Axis Bank, has launched PRISM, a digital-first platform aimed at strengthening its transition into a FinTech‑led trustee…

Trustee services platform
Contract

Welspun enterprises · client: Na

Welspun Enterprises Limited has leased 4.57 lakh sq ft of office space at Radius IT Park in Pune, according to registration documents accessed by realty intelligence firm Propstack. The…

Office Real Estate
Contract

Indo Global Soft Solutions & Technologies · client: Welspun enterprises

MumbaI: Welspun Enterprises Ltd has picked up over 4.5 lakh sq ft of office space in Pune’s key information technology hub Hinjewadi through a long-term lease, marking one of the larger…

Information Technology
LaunchPascal AI platform

Kotak mahindra asset management

Kotak Mahindra Asset Management Company Ltd. announced the deployment of an agentic, context-driven AI research platform from Pascal AI to support and scale its institutional investment…

AI research platform
LaunchPrivate credit secondaries platform

Pgim

PGIM has launched a new private credit secondaries platform, with plans to deploy $1bn (£745.3m) into the asset class.

Private credit secondaries
M&AAcquisition · Announced

Ankit Jalan and Anuj Jalan (with six persons acting in concert) acquires Sanmitra Commercial

The open offer is being conducted by Navigant Corporate Advisors Limited on behalf of acquirers Ankit Jalan and Anuj Jalan, along with six persons acting in concert (PACs). The offer…

M&AAcquisition · Completed

Pgim acquires Deutsche Bank’s India asset management business

PGIM, a global investment firm with around $1.5 trillion in assets under management, bought Deutsche Bank’s India asset management business in 2015.

Asset Management
FundingMajority strategic investment

Azul

Azul, the only company 100% focused on Java, today announced the successful closing of its previously announced majority strategic investment from Thoma Bravo, a leading software…

Enterprise Java software
M&AAcquisition · Announced

Kaushik Hasmukhlal Gandhi acquires Sanmitra Commercial

Kaushik Hasmukhlal Gandhi, along with four persons acting in concert, has acquired a substantial stake in Sanmitra Commercial Ltd. The group's acquisition includes: Number of shares…

LaunchKotak Nifty Chemicals ETF

Kotak mahindra asset management

Kotak Mahindra Asset Management Company Ltd. ("KMAMC" / "Kotak Mutual Fund") is pleased to announce the launch of Kotak Nifty Chemicals ETF, an open-ended scheme replicating/tracking the…

ETF
M&AAcquisition · Announced

Prudent corporate advisory services acquires Indus capital

Prudent Corporate Advisory Services, one of the leading retail wealth management services groups, has acquired Pune-based MF distributor Indus Capital for ₹114 crore with an additional…

Mutual Fund Distribution
M&AAcquisition · Announced

Finnew Solutions acquires Kanji Forex

Finnew Solutions, which operates fintech startup Niyo , has acquired legacy forex company Kanji Forex , thereby entering into the foreign currency exchange business.

Forex
LaunchAVA (Axis Trustee Virtual Assistant)

Axis Trustee Services

Axis Trustee Services Limited (ATSL), a wholly-owned subsidiary of Axis Bank and a leading name in corporate and fiduciary services in India, has announced the launch of AVA (Axis…

AI-powered chatbot
Contract

Key financial partners · client: Azul

Azul has secured a commitment for debtor-in-possession financing of approximately $1.6B from certain key financial partners, which will repay part of the company’s existing debt and…

FundingDebt

Azul

Azul announced on Wednesday (30) that it obtained additional funding of R$ 600 million from current creditors of the airline, which allows a strengthening of the liquidity of the group.

Investors Current creditors of the airline
Airline
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
M&AMerger · Announced

Abra Group acquires Azul

Abra Group, the holding company controlling Gol, and Azul signed a memorandum of understanding (MOU) on January 15, 2025 to explore a potential merger between the two airlines.

LaunchUday loan service

Arka Fincap

Arka’s product offering like the Uday loan service for small ticket loans against property offers tailored solutions for MSMEs.

M&AMerger · Announced

Avianca acquires Azul

Synergies have barely been oiled and now she's leaving for a new merger with Azul.

Funding

Wealthy Nivesh

Wealthy Nivesh, a wealth management firm that secured $1 million.

Wealth Management
FundingEarly-stage funding

Wealthy Nivesh

Wealthy Nivesh, a wealth management startup, has secured $1 million (Rs 8.5 crore) in fresh funding round.

Investors Na
Wealth Management
LaunchAccelerator Program

The digital fifth

Additionally, the summit marks the launch of The Digital Fifth’s Accelerator Program.

Accelerator
M&AAcquisition · Announced

Sbicap acquires Vishal fabrics

As per the release by SBICAP Trustee Company Limited, the holding of SBICAP before the acquisition under consideration stood at 12,260,847 shares of Vishal Fabrics which was equivalent…

LaunchUday

Arka Fincap

Arka Fincap Limited, an NBFC and part of the Kirloskar Group, launched ‘Uday’, a new Small Ticket Loan Against Property (STLAP) product offering,

Small Ticket Loan Against Property

Services for investment industry companies in Maharashtra, by revenue

Browse services for investment industry companies in Maharashtra 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 114 services for investment industry 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 50

Provider of investment solutions

Real estate & infrastructure developers
₹3,792.59 crFY 2024-25
+24%2024–2025
1,119+11% 12 mo to Feb 2024recorded Feb 2024
32 yr1994
1postings · last posted Sep 2026

Provider of financial advisory services

Services for investment industry
₹1,717.89 crFY 2024-25
+88%2024–2025
—Not available
21 yr2005
0none in 3 months

Provider of loan and syndicated credit services

Service providers to banks
₹936.73 crFY 2021-22
Not reported
128LinkedIn · Jul 2026
18 yr2008
0none in 3 months

Provider of risk monitoring & management and financing & holds strategic investments services

Services for investment industry
₹894.31 crFY 2021-22
Not reported
118-4% 12 mo to Aug 2024LinkedIn · Jul 2026
38 yr1988
—No postings tracked

Provider of working capital, bridge and project finance

Services for investment industry
₹787.93 crFY 2024-25
+38%2024–2025
1,040+93% 12 mo to May 2024LinkedIn · Jul 2026
8 yr2018
8postings · last posted Aug 2026

Provider of investment management services

Services for investment industry
₹648.90 crFY 2024-25
+7315%2024–2025
162LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of curated investment opportunities in diverse financial securities

Services for investment industry
₹429.62 crFY 2024-25
Not reported
1LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of growth capital and multi-strategy asset management advisory services

Asset management
₹234.00 crFY 2024-25
+19%2024–2025
11LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Jun 2026

Provider of forex option and OTC brokerage services

Services for investment industry
₹197.47 crFY 2022-23
Not reported
30LinkedIn · Jul 2026
91 yr1935
—No postings tracked

Provider of investment management and advisory services for indian equity

Services for investment industry
₹181.73 crFY 2024-25
-2%2024–2025
352LinkedIn · Jul 2026
9 yr2017
0none in 3 months

Provider of investment management services

Asset management
₹151.97 crFY 2024-25
+213%2024–2025
82+114% 12 mo to Aug 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months · last posted May 2026

Retail financial products distributor

Services for investment industry
₹116.87 crFY 2024-25
-48%2024–2025
969LinkedIn · Jul 2026
37 yr1989
0none in 3 months

Provider of financial services

Services for investment industry
₹99.76 crFY 2021-22
Not reported
—Not available
39 yr1987
—No postings tracked

Diversified asset management firm

Services for investment industry
₹106.97 crFY 2024-25
+15%2024–2025
194+5% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
0none in 3 months

Provider of portfolio management and investment advisory services

Asset management
₹100.85 crFY 2024-25
-31%2024–2025
98-20% 12 mo to Sep 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of government services

Services for investment industry
₹84.19 crFY 2024-25
+18%2024–2025
191LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Provider of investment advisory & research services

Investment research services
₹77.13 crFY 2024-25
-6%2024–2025
71-5% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Provider of trading and investment services

Services for investment industry
₹74.11 crFY 2023-24
Not reported
14+8% 12 mo to Sep 2024recorded Sep 2024
43 yr1983
0none in 3 months

Corporate advisory firm

Services for investment industry
₹75.22 crFY 2024-25
Not reported
235LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of financial services

Investment consultants
₹58.63 crFY 2024-25
+4492%2024–2025
87LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Mar 2026

Provider of outsourcing services for investment infrastructure

Services for investment industry
₹57.30 crFY 2024-25
+20%2024–2025
266-5% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Multi-asset trading platform

Services for investment industry
₹54.20 crFY 2024-25
+108%2024–2025
290-70% 12 mo to Jan 2024LinkedIn · Jul 2026
29 yr1997
0none in 3 months

Asia Index Pvt. Ltd.

Services for investment industry
₹45.14 crFY 2021-22
Not reported
96-6% 12 mo to Feb 2024recorded Feb 2024
—
—No postings tracked

Provider of software solutions for the insurance and automotive industries

Services for investment industry
₹51.17 crFY 2024-25
+37%2024–2025
88LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Provider of asset management, advertising, and advisory services

Services for investment industry
₹45.76 crFY 2024-25
+29%2024–2025
135+39% 12 mo to Jul 2023LinkedIn · Jul 2026
16 yr2010
0none in 3 months · last posted Jun 2026
50 of 318 companies shown here · the full list is on Radar
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Explore all 318 services for investment industry companies in Maharashtra on Radar

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  • Every company, not just 50All 318 services for investment industry companies in Maharashtra, filterable by stage, funding, team size, revenue model and age.
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Explore services for investment industry companies in Maharashtra by what you are looking for

Browse the top services for investment industry companies in Maharashtra, from asset managers and investment banks to consultants and brokers. Find investment services startups in Maharashtra and financial advisers in one list.

9 ways to explore services for investment industry in Maharashtra

Asset management & portfolio management companiesManagement consulting & corporate advisory firmsInvestment banks & financial services firmsStock brokers & trading platformsInvestment technology & fintech software companiesMarketing, IT & training services for investment firms

Asset management & portfolio management companies

Firms that manage funds and portfolios for investors.

  1. NeoMile Capital

    Provider of growth capital and multi-strategy asset management advisory services

    Asset management
    See in list
  2. WhiteOak Capital Asset Management

    Provider of investment management and advisory services for indian equity

    Services for investment industry
    See in list
  3. PGIM

    Diversified asset management firm

    Services for investment industry
    See in list
  4. Marcellus Investment Managers

    Provider of portfolio management and investment advisory services

    Asset management
    See in list
  5. India Resurgence Fund

    Private equity and debt firm focused on multiple sectors

    Services for investment industry
    See in list

Management consulting & corporate advisory firms

Advisers for strategy, mergers, acquisitions and fundraising.

  1. Quantum Advisors

    Provider of investment advisory & research services

    Investment research services
    See in list
  2. Strategic Growth Advisors

    Provider of asset management, advertising, and advisory services

    Services for investment industry
    See in list
  3. Coortus Advisors

    Provider of advisory consulting services

    Management consulting services
    See in list
  4. Navoday

    Provider of management consulting, business advisory and financial consulting services

    Services for investment industry
    Website
  5. The Digital Fifth

    Provider of diversified management consulting services for investment industry

    Asset management
    Website

Investment banks & financial services firms

Investment banking, debt and M&A advisory providers.

  1. Axis Trustee Services

    Provider of loan and syndicated credit services

    Service providers to banks
    See in list
  2. Keynote

    Debt and M&A advisory firm focused on multiple sectors

    Services for investment industry
    See in list
  3. CFO Bridge

    Provider of CFO services

    Investment banks
    See in list
  4. AxionConnect

    Provider of credit risk management, salesforce analytics and reporting services

    Services for investment industry
    See in list
  5. The Digital Fifth

    Provider of diversified management consulting services for investment industry

    Asset management
    Website

Stock brokers & trading platforms

Brokers, dealers and online trading platforms.

  1. Bluechip

    Retail financial products distributor

    Services for investment industry
    See in list
  2. Vistar Amar

    Provider of trading and investment services

    Services for investment industry
    See in list
  3. Narnolia

    Multi-asset trading platform

    Services for investment industry
    See in list
  4. Money Honey Financial Services

    Provider of financial distribution services for mutual funds and bonds

    Asset management
    See in list
  5. NCL Research & Financial Services

    Security trading firm

    Services for investment industry
    Website

Investment technology & fintech software companies

Software and apps for investing, trading and risk.

  1. Arya Risk Management

    Customized financial and trading software solutions for institutions

    Services for investment industry
    Website
  2. CAGRfunds

    App-based platform focused on mutual investments

    Services for investment industry
    Website
  3. Stocks Developer

    Trading software for portfolio managers and algo traders

    Investment tech
    Website
  4. Nerve Solutions

    Provider of risk management and automated trading products

    Services for investment industry
    Website
  5. Lakshit Financial

    Provider of a stock trading platform

    Services for investment industry
    Website

Marketing, IT & training services for investment firms

Marketing, communications and IT services for investment firms.

  1. Specular Marketing & Financing

    Provider of digital marketing and financing services

    Marketing services
    See in list
  2. FinAce

    Provider of financial communication strategies, content creation, and product development

    Services for investment industry
    Website
  3. Entremax

    Provider of digital marketing and website development services

    Services for investment industry
    Website
  4. Wallstreetmojo

    Online platform providing learning solutions for finance professionals

    Continued learning
    Website
  5. Coach Ventures

    Corporate advisory firm

    Management consulting services
    Website

Investment services startups in Maharashtra

Newer investment service companies founded in recent years.

  1. Torroz

    Provider of curated investment opportunities in diverse financial securities

    Services for investment industry
    See in list
  2. Ground Holding

    Provider of real estate development management and advisory services

    Services for investment industry
    See in list
  3. SFPL

    Provider of funding, SME listing, financial, CFO, and other services

    Services for investment industry
    See in list
  4. Coortus Advisors

    Provider of advisory consulting services

    Management consulting services
    See in list
  5. Sohum Asset Managers

    Hedge fund focused on long only strategies

    Hedge funds
    Website
39 companies in Maharashtra

Investment services companies hiring in Maharashtra

Investment service companies with open roles right now.

  1. Welspun Enterprises

    Provider of investment solutions

    Real estate & infrastructure developers
    See in list
  2. Arka Fincap

    Provider of working capital, bridge and project finance

    Services for investment industry
    See in list
  3. NeoMile Capital

    Provider of growth capital and multi-strategy asset management advisory services

    Asset management
    See in list
  4. Carnelian

    Provider of investment management services

    Asset management
    See in list
  5. Prachay

    Provider of financial services

    Investment consultants
    See in list
21 companies in Maharashtra

Listed investment services companies in Maharashtra

Publicly listed investment and financial services firms.

  1. Welspun Enterprises

    Provider of investment solutions

    Real estate & infrastructure developers
    See in list
  2. Vistar Amar

    Provider of trading and investment services

    Services for investment industry
    See in list
  3. Specular Marketing & Financing

    Provider of digital marketing and financing services

    Marketing services
    See in list
  4. Millennium Online Solutions

    Provider of financial services

    Finance & accounting services
    See in list
  5. Keynote

    Debt and M&A advisory firm focused on multiple sectors

    Services for investment industry
    See in list
12 companies in Maharashtra
Mobile reach

Top 10 services for investment industry apps from Maharashtra

The most-installed Android apps published by services for investment industry companies headquartered in Maharashtra — 426K installs between them. 27 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Transact in Mutual Funds -goMF

by Mfuindia

Installs224K
Rating3.331K ratings
Last updatedOct 2025
View on Google Play ↗
Transact in Mutual Funds -goMF screenshot 1Transact in Mutual Funds -goMF screenshot 2Transact in Mutual Funds -goMF screenshot 3Transact in Mutual Funds -goMF screenshot 4
2

SSL Mobile Trading

by SHCIL SERVICES

Installs148K
Rating1.922K ratings
Installs, year on year+6%
Last updatedAug 2021
View on Google Play ↗
SSL Mobile Trading screenshot 1SSL Mobile Trading screenshot 2SSL Mobile Trading screenshot 3SSL Mobile Trading screenshot 4SSL Mobile Trading screenshot 5SSL Mobile Trading screenshot 6
3

Bluechip Admin

by Bluechip

Installs17K
Rating—
Last updatedMay 2026
View on Google Play ↗
Bluechip Admin screenshot 1Bluechip Admin screenshot 2Bluechip Admin screenshot 3
The business behind the activity

Services for investment industry financials in Maharashtra

Revenue, profit and growth from the filed annual accounts of 96 services for investment industry companies in Maharashtra for FY24-25 — 126 of the 318 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 76% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,210.90 cr

96 companies filing accounts

combined net profit₹900.95 cr

12.5% aggregate margin

are profitable69%

66 of 96 companies

median revenue~₹7.2 cr

the typical company

median revenue growth+20%

into FY24-25

earned by the top five76%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,097.53 crFY19-2089 filers
₹4,390.27 crFY20-2198 filers
₹5,031.70 crFY21-22101 filers
₹5,622.43 crFY22-23109 filers
₹5,508.19 crFY23-24106 filers
₹7,210.90 crFY24-2596 filers

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

Like-for-like

The same 90 companies over three years

+23%
FY22-23₹5,507.93 cr₹1,077.80 cr net
FY23-24₹5,355.53 cr₹816.19 cr net
FY24-25₹6,761.36 cr₹902.69 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 cr2133% profitable
₹1–10 cr3080% profitable
₹10–100 cr3776% profitable
₹100–1,000 cr683% 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

Shrinking30
0–20%17
20–50%24
50–100%9
Doubled+14

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

Profitability

Profit is concentrated at the top

66profitable
30loss-making
12.5%aggregate margin
7.7%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
Kanji ForexKANJI FOREX PRIVATE LIMITED+480%₹72.08 cr
CarnelianCARNELIAN ASSET MANAGEMENT & ADVISORS PRIVATE LIMITED+213%₹151.97 cr
Ground HoldingGROUND HOLDING REALTORS PRIVATE LIMITED
Coortus AdvisorsCOORTUS ADVISORS PRIVATE LIMITED
NarnoliaNARNOLIA FINANCIAL SERVICES LIMITED+108%₹54.20 cr
SkothariSANATAN FINANCIAL ADVISORY SERVICES PRIVATE LIMITED+88%₹1,717.89 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Kanji ForexKANJI FOREX PRIVATE LIMITED85.7%₹72.08 cr
NeoMile CapitalNeomile Corporate Advisory Limited69.5%₹232.77 cr
IL&FSIL&FS INFRA ASSET MANAGEMENT LIMITED61.6%
SBICAPSBICAP TRUSTEE COMPANY LIMITED52.8%
Dovetail CapitalDOVETAIL CAPITAL PRIVATE LIMITED51.1%₹12.42 cr
Dalal & BroachaDALAL AND BROACHA STOCK BROKING PRIVATE LIMITED49.9%₹129.39 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Services for investment industry75₹3,561.72 cr~₹6.3 cr72%11.3%
Asset management7₹528.58 cr~₹18.4 cr86%43.1%
Leaders

Largest services for investment industry companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Welspun EnterprisesWELSPUN ENTERPRISES LIMITED₹2,933.78 cr₹307.70 cr10.5%+15%
SkothariSANATAN FINANCIAL ADVISORY SERVICES PRIVATE LIMITED₹1,717.89 cr₹111.53 cr6.5%+88%
TorrozTORROZ FINTECH PRIVATE LIMITED₹429.62 cr₹1.44 cr0.3%>10×
NeoMile CapitalNeomile Corporate Advisory Limited₹232.77 cr₹161.84 cr69.5%+19%
CarnelianCARNELIAN ASSET MANAGEMENT & ADVISORS PRIVATE LIMITED₹151.97 cr₹57.91 cr38.1%+213%
Dalal & BroachaDALAL AND BROACHA STOCK BROKING PRIVATE LIMITED₹129.39 cr₹64.55 cr49.9%
BluechipBLUECHIP CORPORATE INVESTMENT CENTRE PRIVATE LIMITED₹116.87 cr₹25.07 cr21.5%-48%
PGIMPGIM INDIA ASSET MANAGEMENT PRIVATE LIMITED₹106.97 cr−₹23.75 cr-22.2%+15%
Marcellus Investment ManagersMARCELLUS INVESTMENT MANAGERS PRIVATE LIMITED₹99.03 cr₹7.90 cr8.0%-32%
Transaction SquareTransaction Square Llp₹75.22 cr₹16.11 cr21.4%+23%
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

Services for investment industry funding and M&A across India

67 recorded equity rounds have gone to 999 services for investment industry 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 months1

US$1.36m

equity rounds, last 24 months1

US$1.36m

raised over five yearsUS$30.36m

22 rounds in India

M&A deals, Maharashtra14

last 24 months

Capital by year

Equity funding into services for investment industry in India

amount rounds
$1.7m20183
$45m20197
$15m20209
$4.9m20215
$21m20228
$2.5m20235
$1.1m20243
$1.4m20251

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2019, with US$44.71m across 7 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$4.91m10 rounds · median US$361k
SeedUS$6.55m9 rounds · median US$812k
Series AUS$2.60m1 rounds · median US$2.60m
Series BUS$16.30m1 rounds · median US$16.30m
Where the money went · five years

Most-funded sub-sectors

Asset managementUS$18.90m2 rounds · 2 companies
Services for investment industryUS$5.52m11 rounds · 6 companies
Investment consultantsUS$2.16m4 rounds · 2 companies
Investment techUS$1.22m2 rounds · 2 companies
Alternative lendingUS$972k1 rounds · 1 companies
It servicesUS$812k1 rounds · 1 companies
Hedge fundsUS$778k1 rounds · 1 companies
Corporate activity · last 24 months

M&A in Maharashtra

8Acquisition
6Merger

Most active acquirers

  1. Azul3
  2. Pgim2
  3. Welspun enterprises1
  4. Ankit Jalan and Anuj Jalan (with six persons acting in concert)1
  5. Kaushik Hasmukhlal Gandhi1

Most acquired or merged

  1. Sanmitra Commercial2
  2. Azul2
  3. Welspun Corporate Services Limited (WCSL)1
  4. Deutsche Bank’s India asset management business1
  5. Indus capital1

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

Services for investment industry funding in Maharashtra

11 services for investment industry companies in Maharashtra have recorded equity funding, US$104.97m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Maharashtra

Meet the people behind services for investment industry companies in Maharashtra. 149 of 318 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Maharashtra services for investment industry companies by sub-sector

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

Keep exploring services for investment industry in India and nearby markets.

Coming soon