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50 leading private equity-backed companies in India

Tamtam tracks 69 private equity-backed companies headquartered in India. 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 769. Half of them were founded in 2006 or later. The most common headquarters are Mumbai (23), Bengaluru (11) and Gurugram (5).

馃嚠馃嚦 India50 companiesUpdated Nov 15, 2026

These companies are private equity-backed firms in India. They span various sectors including manufacturing, financial services, and IT. Most are large to mid-sized companies.

Notable examples include Eureka Forbes Ltd, a leader in water purification, and Niva Bupa Health Insurance, a health insurance joint venture. SK Finance Ltd provides vehicle and small business loans, while ACT FIBERNET offers fiber optic broadband. IndiaFirst Life is a life insurance company, and The Leela Palaces, Hotels and Resorts operates luxury hotels across India. A common pattern is a concentration of headquarters in major urban centers like Mumbai and Gurugram, indicating these cities as key business hubs.

#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
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
15
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
16
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
17
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
18
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
19
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
20
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
21
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
22
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
23
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
24
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
25
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

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26
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
27
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
28
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
29
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
30
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
31
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
32
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
33
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
34
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
35
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
36
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
37
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
38
Serenticaserenticaglobal.com

Serentica Renewables India Private Limited enables heavy industries to transition to clean energy with decarbonization solutions and renewable energy offerings

Renewable Energy Power Generation 馃嚠馃嚦 Gurugram 608 n/a
39
Integrace Healthintegracehealth.com

A therapy-focused healthcare company specializing in managing Musculoskeletal Disorders, Pain, and Women's Health with innovative solutions and top-ranking brands

Pharmaceutical Manufacturing 馃嚠馃嚦 Mumbai 580 2017
40
ST Telemedia Global Data Centres (India)sttelemediagdc.com

Market-leading data center services provider in India, offering carrier-neutral colocation services with numerous awards and accreditations for excellence and environmental initiatives

IT Services and IT Consulting 馃嚠馃嚦 Mumbai 574 2004
41
Modenik Lifestylemodenik.in

A leading manufacturer of comfortable and fashionable essential clothing for all ages, offering a broad portfolio of sub-brands and exclusive licensing agreements

Retail Apparel and Fashion 馃嚠馃嚦 Bengaluru 512 n/a
42
Nuvama Groupnuvama.com

A client-first wealth management group offering tailored solutions to entrepreneurs, high-net-worth individuals, and institutional investors through integrated financial services

Financial Services 馃嚠馃嚦 Mumbai 502 n/a
43
Dixcy Textiles Pvt Ltd.,hazletbible.org

A leading apparel manufacturer based in India, specializing in quality innerwear for men, women, boys, and girls with a global presence and diverse product range

Textile Manufacturing 馃嚠馃嚦 Bengaluru 478 n/a
44
GreenCell Mobilitygreencellmobility.com

GreenCell Mobility is a leading pan-India shared electric mobility player, providing Electric Mobility-as-a-Service with a focus on innovation and sustainability

Urban Transit Services 馃嚠馃嚦 Mumbai 470 2019
45
L&T Infrastructure Development Projects Limitedlntidpl.com

The company specializes in infrastructure development including roads, transmission lines, railways, metro, water supply, ports, and power transmission projects in India

Truck Transportation 馃嚠馃嚦 Chennai 469 2001
46
illumifin Indiaillumifin.com

illumifin provides third party administration and technology services to insurers, focusing on digital disruption and preparing them for the future

IT Services and IT Consulting 馃嚠馃嚦 Bengaluru 420 n/a
47
Safex Groupsafexchemicals.com

A prominent player in the Indian agrochemicals industry, specializing in formulating and marketing effective, economical, and sustainable pesticides and agrochemicals for farmers

Chemical Manufacturing 馃嚠馃嚦 New Delhi 413 n/a
48
Tessolve Semiconductor Pvt. Ltd.

A management consulting firm in Bengaluru, India, specializing in semiconductor technology and services for clients in the electronics industry

Business Consulting and Services 馃嚠馃嚦 Bengaluru 405 n/a
49
ASK Asset & Wealth Managementaskfinancials.com

A leading financial services group in India managing wealth and investments for affluent families, with a presence in India, GCC, Africa, and Singapore

Financial Services 馃嚠馃嚦 Mumbai 400 1983
50
SYMED LABS LIMITEDsymedlabs.com

Specializing in manufacturing a wide range of APIs, our company is a leading provider in the industry

Pharmaceutical Manufacturing 馃嚠馃嚦 Hyderabad 391 1998

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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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