Company lists
The Mumbai edition · 2026

Services for investment industrycompanies in Mumbai

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

223 company profiles99 with reported revenue10 with recorded fundingSeptember 2026 edition
Mumbai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent services for investment industry business events in India

Funding, M&A, contract wins and launches involving 999 services for investment industry companies in India, last 24 months: 15 M&A deals · 9 Contracts · 8 launches · 6 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
M&AAcquisition · Completed

Suraj industries acquires VRV Foods Limited

Suraj Industries Ltd. has completed a significant strategic acquisition, purchasing equity shares worth Rs. 14.85 crore in VRV Foods Limited.

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
M&AAcquisition · Completed

Suraj industries acquires Carya Chemicals & Fertilizers Private Limited (CARYA)

Suraj Industries Ltd has informed the stock exchanges that it has completed the acquisition of an additional 41,05,120 equity shares of Carya Chemicals & Fertilizers Private Limited…

FundingSeed

Vijya fintech

Vijya Fintech, the parent company of flagship platform MIDASX, has announced the successful closure of its INR 12Cr Seed Round, marking a major milestone in its mission to build India’s…

Investors Family Offices and UHNIs
Wealth-tech, Open Architecture, AI-Driven B2B2C Multi-Asset Marketplace
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…

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
Funding

Klm axiva finvest

The eight entities that raised funds are Muthoot Finance, Sakthi Finance, Kosamattam Finance, KLM Axiva Finvest, Muthoot Fincorp , Muthoottu Mini Financiers, Edelweiss Financial Services…

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 chatbot
FundingPreferential allotment

Shriram Asset Management Company

Shriram Asset Management Company completed the preferential allotment to South Africa's Sanlam Emerging Market, raising Rs 105 crore in growth capital as part of a strategic partnership.

Investors Sanlam Emerging Market
Asset Management
M&AAcquisition · Announced

Marwadi Chandarana Intermediaries Brokers acquires Trucap finance

Marwadi Chandarana Intermediaries Brokers has entered into an agreement to acquire 75 per cent stake in non-banking financial company TruCap Finance with an investment of Rs 207 crore.

Non-banking financial company
LaunchInfRE360

Icra analytics

ICRA Analytics Ltd., a leading provider of business intelligence, risk management, and analytics solutions, today announced the launch of ‘InfRE360’, India’s first cloud‑based SaaS Data…

SaaS Data & Analytics platform
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&AAcquisition · Announced

ValueBridge Capital acquires Boon Capital

ValueBridge Capital, a subsidiary of Merisis Advisors, said Tuesday it has acquired investment banking firm Boon Capital to strengthen its early-stage venture fundraising advisory…

Investment Banking
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&AAcquisition · Completed

NSDC International Ltd. acquires Startup stairs

NSDC International Ltd., a subsidiary of the National Skill Development Corporation (NSDC), has acquired a 10% stake in Startup Stairs Pvt. Ltd., a venture led by AVPL International…

Incubator
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
M&AAcquisition · Announced

Sanlam acquires Shriram asset management

South African financial services group Sanlam is picking up a 23% stake in Shriram Asset Management Company Ltd and has made an open offer to buy more shares from public shareholders.

Financial Services
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, it had acquired additional stake in Vishal Fabrics on 31 October 2024.

LaunchTS Bridge

Turbostart

Turbostart, a global venture capital platform, celebrated its 5th anniversary with the launch of TS Bridge, an innovative platform aimed at broadening access to high‑potential startup…

Investment platform
FundingDebt financing

Red fort capital

An investment-grade NBFC called Red Fort Capital has reached a significant milestone by raising Rs 22.6 crore in debt financing, surpassing Rs 100 crore in assets.

Investors PSU bank, USHA Finance, Foreign Portfolio Investors
Financial services

Services for investment industry companies in Mumbai, by revenue

Browse services for investment industry companies in Mumbai 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 99 services for investment industry companies in Mumbai, 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 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

Provider of digital marketing and financing services

Marketing services
₹39.81 crFY 2021-22
Not reported
7,853+4% 12 mo to Sep 2024recorded Sep 2024
11 yr2015
0none in 3 months
50 of 223 companies shown here · the full list is on Radar
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Explore services for investment industry companies in Mumbai by what you are looking for

Browse top services for investment industry companies in Mumbai, from asset managers and investment banks to hedge funds and advisory firms. Find investment services startups in Mumbai that fit your needs.

9 ways to explore services for investment industry in Mumbai

Asset management & portfolio management firmsInvestment banks & corporate advisory firmsHedge funds, private equity & venture capitalStock brokers & investment tech platformsFinance, accounting & bank support servicesFinancial marketing, HR & training services

Asset management & portfolio management firms

Asset managers and portfolio managers offering investment management and advisory.

  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. Elixir Equities

    Provider of portfolio management and financial services

    Asset management
    See in list

Investment banks & corporate advisory firms

Investment banks, M&A advisors and fundraising specialists.

  1. NeoMile Capital

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

    Asset management
    See in list
  2. Strategic Growth Advisors

    Provider of asset management, advertising, and advisory services

    Services for investment industry
    See in list
  3. Keynote

    Debt and M&A advisory firm focused on multiple sectors

    Services for investment industry
    See in list
  4. Yajur Knowledge Solutions

    Management consulting firm

    Investment banks
    Website
  5. MentorCap

    Company offering services focused on asset management, investment, and business scaling

    Services for investment industry
    Website

Hedge funds, private equity & venture capital

Hedge funds, private equity and venture capital funds.

  1. India Resurgence Fund

    Private equity and debt firm focused on multiple sectors

    Services for investment industry
    See in list
  2. Bay Capital

    Hedge funds focused on multiple strategies

    Hedge funds
    See in list
  3. Imaginara Legacies

    Venture capital fund investing in tech startups

    Services for investment industry
    Website
  4. Pitch Books

    Platform for pitch decks, research, and financial services to corporates, startups, and MSMEs

    Services for investment industry
    Website
  5. Playbook Partners

    Venture capital firm investing in early-growth stage

    Services for investment industry
    Website

Stock brokers & investment tech platforms

Stock brokers, trading platforms and investment software.

  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
    See in list

Finance, accounting & bank support services

Accounting, CFO and financial services for the investment industry and banks.

  1. Axis Trustee Services

    Provider of loan and syndicated credit services

    Service providers to banks
    See in list
  2. CFO Bridge

    Provider of CFO services

    Investment banks
    See in list
  3. AxionConnect

    Provider of credit risk management, salesforce analytics and reporting services

    Services for investment industry
    See in list
  4. Silverleaf Capital Services

    Provider of financial services

    Services for investment industry
    See in list
  5. Finwisor

    Financial advisory firm offering investment planning and execution services

    Service providers to banks
    Website

Financial marketing, HR & training services

Marketing, HR and financial education 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

Listed investment services companies in Mumbai

Publicly listed investment services companies in Mumbai.

  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. Keynote

    Debt and M&A advisory firm focused on multiple sectors

    Services for investment industry
    See in list
  5. Beacon Trusteeship

    Provider of trusteeship services

    Services for investment industry
    See in list
11 companies in Mumbai

Investment services startups in Mumbai

Newer investment services companies in Mumbai founded in the last few 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. Sohum Asset Managers

    Hedge fund focused on long only strategies

    Hedge funds
    Website
  5. Arnya

    Provider of real estate fund investments focused on residential projects

    Services for investment industry
    Website
33 companies in Mumbai

Investment services companies hiring in Mumbai

Investment services companies in Mumbai with open jobs 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. Strategic Growth Advisors

    Provider of asset management, advertising, and advisory services

    Services for investment industry
    See in list
23 companies in Mumbai
Mobile reach

Top 10 services for investment industry apps from Mumbai

The most-installed Android apps published by services for investment industry companies headquartered in Mumbai — 198K installs between them. 17 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

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
2

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 Mumbai

Revenue, profit and growth from the filed annual accounts of 86 services for investment industry companies in Mumbai, Maharashtra for FY24-25 — 110 of the 223 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 77% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹7,087.49 cr

86 companies filing accounts

combined net profit₹885.18 cr

12.5% aggregate margin

are profitable70%

60 of 86 companies

median revenue~₹8.5 cr

the typical company

median revenue growth+19%

into FY24-25

earned by the top five77%

revenue concentration

Six-year view

Combined revenue of filing companies

₹4,055.80 crFY19-2077 filers
₹4,334.41 crFY20-2186 filers
₹4,946.77 crFY21-2289 filers
₹5,547.42 crFY22-2397 filers
₹5,405.65 crFY23-2495 filers
₹7,087.49 crFY24-2586 filers

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

Like-for-like

The same 81 companies over three years

+22%
FY22-23₹5,448.62 cr₹1,076.05 cr net
FY23-24₹5,272.70 cr₹812.84 cr net
FY24-25₹6,638.15 cr₹886.90 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 cr1735% profitable
₹1–10 cr2882% profitable
₹10–100 cr3373% 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

Shrinking27
0–20%16
20–50%22
50–100%8
Doubled+12

85 companies with accounts for both years; median growth +19%.

Profitability

Profit is concentrated at the top

60profitable
26loss-making
12.5%aggregate margin
8.1%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
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
NarnoliaNARNOLIA FINANCIAL SERVICES LIMITED+108%₹54.20 cr
SkothariSANATAN FINANCIAL ADVISORY SERVICES PRIVATE LIMITED+88%₹1,717.89 cr
Valentis AdvisorsVALENTIS ADVISORS PRIVATE LIMITED
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 LIMITED
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 industry67₹3,462.76 cr~₹6.7 cr73%11.2%
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.

Industry landscape report

AdTech Industry Landscape of Mumbai

The financials above are one chapter. The full services for investment industry landscape of Mumbai 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 services for investment industry landscape of Mumbai
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 Mumbai 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, India15

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 India

14Acquisition
1Merger

Most active acquirers

  1. Suraj industries2
  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. Welspun Corporate Services Limited (WCSL)1
  3. VRV Foods Limited1
  4. Deutsche Bank’s India asset management business1
  5. Carya Chemicals & Fertilizers Private Limited (CARYA)1

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

Services for investment industry funding in Mumbai

10 services for investment industry companies in Mumbai have recorded equity funding, US$103.13m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Mumbai

Meet the people behind services for investment industry companies in Mumbai. 131 of 223 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Mumbai services for investment industry companies by sub-sector

The most common specialisations among services for investment industry companies in Mumbai. 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.

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