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Top 50 private equity-backed companies in Asia

Tamtam tracks 89 private equity-backed companies headquartered in Asia. This list ranks the 50 largest by number of employees on LinkedIn, led by Eureka Forbes Ltd, Niva Bupa Health Insurance and SK Finance Ltd. Their median headcount is 1,162. Half of them were founded in 2005 or later. The most common headquarters are Mumbai (18), Bengaluru (7) and Singapore (5).

馃實 Asia50 companiesUpdated Nov 15, 2026

This selection of large companies in Asia, all backed by private equity, shows a strong presence in India, particularly in Mumbai. Key sectors include financial services, insurance, and education, alongside manufacturing and IT. Companies like Eureka Forbes Ltd specialize in water purification and security solutions, while Niva Bupa Health Insurance focuses on empowering customers with health services. SK Finance Ltd offers vehicle and business loans in rural India, and ACT FIBERNET provides fiber optic broadband and digital TV services.

The list also highlights a significant cluster of financial services firms, such as IndiaFirst Life and SBFC Finance Limited, both based in Mumbai. Other notable companies include The Leela Palaces, Hotels and Resorts, operating luxury hotels across India, and Lighthouse Learning Group, an education provider. The data reveals a concentration of larger-sized firms, with many employing several thousand people, underscoring their substantial market presence.

#CompanyIndustryHeadquarters EmployeesFounded
1
Eureka Forbes Ltdeurekaforbes.com

A leader in domestic and industrial water purification, vacuum cleaners, air purifiers, and security solutions, dedicated to providing healthier living

Manufacturing 馃嚠馃嚦 Mumbai 9,930 n/a
2
Niva Bupa Health Insurancenivabupa.com

A health insurance joint venture aiming to empower customers with knowledge and services, building long-term relationships to instill confidence in accessing healthcare

Insurance 馃嚠馃嚦 New Delhi 8,282 2008
3
SK Finance Ltdskfin.in

A Middle Layer NBFC offering vehicle loans, small business loans, and personal loans in rural and semi-urban areas of North, West, and Central India

Financial Services 馃嚠馃嚦 Jaipur 6,576 1994
4
ACT FIBERNETactcorp.in

A leading provider of in-home entertainment, education, and interactive services, offering fiber optic broadband, digital TV, and HDTV to millions of customers

Software Development 馃嚠馃嚦 Bengaluru 5,864 n/a
5
IndiaFirst Lifeindiafirstlife.com

A life insurance company in India, backed by public-sector banks and private equity, focusing on customer satisfaction through digitalization with nationwide presence

Insurance 馃嚠馃嚦 Mumbai 5,012 2009
6
The Leela Palaces, Hotels and Resortstheleela.com

Operates twelve award-winning luxury hotels across India, offering guests unparalleled experiences reflecting vibrant Indian culture and craftsmanship. Aims to be India's largest luxury hospitality brand.

Hospitality 馃嚠馃嚦 Mumbai 4,449 1986
7
NSEIT LIMITEDnseit.com

Digital-native technology company driving digital transformation through services like application modernization, data analytics, and cybersecurity for global organizations seeking digital progress

IT Services and IT Consulting 馃嚠馃嚦 Mumbai 3,650 n/a
8
Lighthouse Learning Grouplighthouse-learning.com

Leading education group in India offering early childhood & K-12 education through various brands, focusing on child safety and innovation

Education Administration Programs 馃嚠馃嚦 Mumbai 3,203 2001
9
K12 Techno Services Pvt. Ltd.k12technoservices.com

An education services company providing end-to-end solutions to schools across India, focused on excellence, innovation, and creating a better learning environment for students

Education 馃嚠馃嚦 Bengaluru 3,120 2010
10
SBFC Finance Limitedsbfc.com

A new-age financial services institution focused on providing credit to small businesses and consumers, with a strong emphasis on technology adoption

Financial Services 馃嚠馃嚦 Mumbai 3,067 2017
11
Hinduja Tech Limitedhindujatech.com

Global engineering solution provider specializing in disruptive mobility, electric and autonomous vehicles, with a focus on automotive product development and digital technologies worldwide

Engineering Services 馃嚠馃嚦 Chennai 2,238 n/a
12
Feedback INFRAfeedbackinfra.com

Leading infrastructure services provider offering consulting, engineering, project management, operations, EPC services in transportation, energy, urban infrastructure across India and internationally

Business Consulting and Services 馃嚠馃嚦 Gurugram 2,128 n/a
13
IndoStar Capital Finance Ltd.indostarcapital.com

A professionally managed NBFC providing structured term financing solutions to corporates, SMEs, and individuals in India through varied loan products

Financial Services 馃嚠馃嚦 Mumbai 2,119 2011
14
Global Sourcesglobalsources.com

A leading B2B platform providing authentic trade, market insights, and tailored sourcing solutions to global buyers and suppliers from China and Asia

Information Services 馃嚟馃嚢 Hong Kong 2,037 1970
15
Egis in Indiaegis-group.com

International player offering consulting, construction engineering, and mobility services Specializing in designing intelligent infrastructure for sustainable, resilient territorial development in various sectors

Civil Engineering 馃嚠馃嚦 Gurugram 1,994 2005
16
WorldLink Communicationsworldlink.com.np

The largest broadband service provider in Nepal, connecting households with optical fiber network, serving millions of internet and TV users

Telecommunications 馃嚦馃嚨 Lalitpur 1,844 1995
17
PeopleStrongpeoplestrong.com

An innovative HR tech company in Asia Pacific offering a mobile-first talent operating system for large enterprises, enhancing employee experience and data-driven decisions

IT Services and IT Consulting 馃嚠馃嚦 Gurugram 1,719 2006
18
NuSummitnusummit.com

Provider of AI, data, cloud, application, and cybersecurity solutions empowering capital markets, insurance, and banking industries with digital transformation.

IT Services and IT Consulting 馃嚠馃嚦 Mumbai 1,713 1999
19
Shriram Housing Finance Ltd.truhomefinance.in

A subsidiary of Shriram Finance Ltd, this company is a Housing Finance Company registered with the National Housing Bank, operating since 2011

Financial Services 馃嚠馃嚦 Mumbai 1,592 n/a
20
Parksons Packaging Ltd.parksonspackaging.com

Leading provider of high-quality packaging solutions in India for various industries, working with brand leaders to create customized packs that stand out on shelves

Packaging and Containers Manufacturing 馃嚠馃嚦 Mumbai 1,383 n/a
21
Columbia Asia Malaysiacolumbiaasia.com

An international healthcare company offering affordable, accessible, and efficient medical services through modern facilities and highly trained staff

Hospitals and Health Care 馃嚥馃嚲 Subang Jaya 1,305 1996
22
Capillary Technologiescapillarytech.com

AI-based cloud-native SaaS delivering automated loyalty management and customer data platform solutions across diverse industries globally.

IT Services and IT Consulting 馃嚠馃嚦 Bengaluru 1,304 2012
23
Avanse Financial Services Ltd.avanse.com

Providing personalized education loans and financial support to students and educational institutions across India and internationally.

Financial Services 馃嚠馃嚦 Mumbai 1,279 2013
24
HGC Global Communicationshgc.com.hk

A leading global fixed-line operator offering network connectivity, telecom infrastructure, ICT solutions, broadband services, and cybersecurity solutions to various customers

Telecommunications 馃嚟馃嚢 Hong Kong 1,242 1995
25
Banking Circle Groupbankingcirclegroup.com

A global financial technology platform providing modern financial solutions for businesses, offering cross border payments, accounts, liquidity management, and eCommerce solutions

Financial Services 馃嚫馃嚞 Singapore 1,162 n/a

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26
Unibic Foods India Pvt Ltdunibicfoods.com

A renowned cookie manufacturer in India, offering a wide range of premium and unique flavors, backed by a team of industry veterans and investors

Food and Beverage Manufacturing 馃嚠馃嚦 Bengaluru 1,071 2004
27
Hop Lunhoplun.com

An international fashion company specializing in lingerie, swimwear, and loungewear design, manufacturing, and distribution, with global brands and sales offices worldwide

Textile Manufacturing 馃嚟馃嚢 Kowloon 1,070 1992
28
Tealivetealive.com.my

A leading lifestyle tea brand in Southeast Asia with 650 outlets globally, committed to delivering joyful tea experiences with strong financial backing

Restaurants 馃嚥馃嚲 Perai 1,038 n/a
29
Sunningdale Tech Ltdsdaletech.com

Manufacturing precision plastic components with turnkey solutions including design, mould fabrication, injection moulding, finishing, and assembly across global facilities.

Plastics Manufacturing 馃嚫馃嚞 Singapore 1,034 1985
30
DFM Foods Limitedcrax.in

A prominent Indian manufacturer of packaged snacks, known for popular products like Crax Corn Rings, Crax Rings, Curls, Fritts, and Natkhat

Food and Beverage Manufacturing 馃嚠馃嚦 New Delhi 903 n/a
31
Piramal Realtypiramalrealty.com

A real estate development arm focused on customer-centricity, quality, and safety, with renowned collaborators and investments from leading private equity firms

Real Estate 馃嚠馃嚦 Mumbai 779 2012
32
Ivy Hospitalivyhospital.com

Ivy Hospital provides healthcare services in Punjab, India, with its main location in Mohali

Hospitals and Health Care 馃嚠馃嚦 Chandigarh 776 n/a
33
Watertec Indiawatertecindia.com

A premium brand offering durable, functional bath fittings and accessories for residential and commercial spaces, providing end-to-end plumbing and bathroom solutions

Manufacturing 馃嚠馃嚦 Coimbatore 769 1997
34
SPOTON LOGISTICS PVT LTDspoton.co.in

A technology-driven leader in logistics, offering multi-modal express logistics, supply chain solutions across India with a vast network and professional resources

Transportation, Logistics, Supply Chain and Storage 馃嚠馃嚦 Bengaluru 753 n/a
35
iD Fresh Foodidfreshfood.com

A provider of natural and authentic Indian ready-to-cook foods, revolutionizing food packaging with a wide range of products, including organic options

Food and Beverage Manufacturing 馃嚠馃嚦 Bengaluru 752 2006
36
Piramal Pharma Limitedpiramal.com

A global pharma company offering differentiated products and services through development, manufacturing, distribution, and partnerships in healthcare and ophthalmology

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 744 n/a
37
PROPERTYPISTOL.compropertypistol.com

A leading full-stack real estate service company in India offering innovative Prop-Tech solutions, a wide range of property choices, and value-driven services

Real Estate 馃嚠馃嚦 Navi Mumbai 723 2012
38
Maya Digital Studios Pvt. Ltdcosmos-maya.com

A leading animation studio producing high-quality 3D and 2D content, focused on creating IPs for kids' animation series globally

Animation and Post-production 馃嚠馃嚦 Mumbai 722 1996
39
Lithium Urban Technologiesproject-lithium.com

An innovative business focused on sustainable solutions, offering India's first zero-emission transport service with electric vehicles, charging infrastructure, and advanced technology for efficient management

Transportation, Logistics, Supply Chain and Storage 馃嚠馃嚦 Bengaluru 695 2015
40
Megafine Pharmamegafine.in

This company manufactures active pharmaceutical ingredients (APIs) and advanced intermediates, offering CDMO services. It supplies both innovator and generic pharmaceutical companies globally across various therapeutic segments.

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 694 1995
41
KiotVietabout.kiotviet.vn

Cost-efficient technology solutions provider offering KiotViet software for easy business management, along with additional value-added services, aimed at enhancing customer wealth and success

IT Services and IT Consulting 馃嚮馃嚦 Ha Noi 691 2010
42
Cube Highwayscubehighways.com

Investment platform focusing on road, highway, and select infrastructure projects in India with experienced management and international shareholders.

Investment Management 馃嚫馃嚞 Singapore 679 2015
43
Cosmos Maya India Private Limitedcosmos-maya.com

Leading animation studio founded by acclaimed filmmakers, creating high-quality 2D and 3D content with a focus on kids' programming, featured on popular global platforms

Animation and Post-production 馃嚠馃嚦 Mumbai 676 1996
44
ST Telemedia Global Data Centressttelemediagdc.com

global data centre provider powering sustainable digital infrastructure across multiple countries, supporting business growth and digital ecosystem connectivity worldwide

IT Services and IT Consulting 馃嚫馃嚞 Singapore 675 n/a
45
Esme Consumeresmeconsumer.in

A company dedicated to providing accessible and affordable personal care products to the masses through acquiring and expanding popular cosmetic brands

Personal Care Product Manufacturing 馃嚠馃嚦 Gurugram 671 2019
46
Bridge Data Centresbridgedatacentres.com

Builds large, secure, and sustainable hyperscale data centers in Southeast Asia, supporting cloud-first and AI-driven client strategies globally.

IT Services and IT Consulting 馃嚫馃嚞 Singapore 668 2017
47
Edme Insurance Brokersadityabirlacapital.com

A leading composite insurance broker in India, offering integrated broking and advisory services to companies and individuals with a focus on simplifying insurance

Insurance 馃嚠馃嚦 Mumbai 635 2003
48
Hero Future Energiesherofutureenergies.com

A global renewable energy company with 45 GW of assets across multiple countries, focusing on advanced projects and working with hard-to-abate sectors on their net-zero journey

Renewable Energy Power Generation 馃嚠馃嚦 New Delhi 630 2012
49
SK shieldusskshieldus.com

SK shieldus offers protective solutions for a variety of industries, focusing on safeguarding assets and maintaining safety for employees and customers

IT Services and IT Consulting 馃嚢馃嚪 627 n/a
50
PolicyBosspolicyboss.com

An Indian insurtech company focused on revolutionizing the insurance experience for customers through technology, consultative approach, and transparent interactions

Insurance 馃嚠馃嚦 Mumbai 621 2002

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How this list is built

Every company on this list has a Tamtam company profile. The industry is the one the company gives on LinkedIn; categories such as SaaS or fintech are classified by Tamtam's AI from the company's website and LinkedIn page; and the headquarters city must match the company's own address. Companies are ranked by the number of employees on LinkedIn, and the list is refreshed every night. Classifications can be wrong, so treat the list as a starting point rather than an official ranking. Last updated Nov 15, 2026.

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