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The 30 largest venture capital and private equity firms in Mumbai

Tamtam tracks 44 venture capital and private equity firms headquartered in Mumbai. This list ranks the 30 largest by number of employees on LinkedIn, led by Aditya Birla Group, JSW and Tata Capital. Their median headcount is 118. Half of them were founded in 2007 or later.

馃嚠馃嚦 Mumbai30 companiesUpdated Nov 12, 2026

These Mumbai-based firms are primarily large financial services companies and diversified conglomerates. Examples include Tata Capital, which offers a range of financial services including wealth management and consumer loans, and Edelweiss Financial Services Limited, a financial services conglomerate. Piramal Group operates in Pharma, Financial Services, and Real Estate, while Aditya Birla Group is a global conglomerate.

The list reveals a concentration of financial services activities, with companies like CoinDCX focusing on crypto investments and Mumbai Angels as a private investment platform for early-stage ventures. Investment banks such as ENAM and Axis Capital Ltd. also feature prominently, specializing in IPOs, M&A, and corporate advisory services.

#CompanyIndustryHeadquarters EmployeesFounded
1
Aditya Birla Groupadityabirla.com

An innovative global conglomerate offering a wide range of products and services, focused on responsible business practices and stakeholder value creation

Executive Offices 馃嚠馃嚦 Mumbai 82,509 n/a
2
JSWjsw.in

A diverse $23 billion conglomerate with global operations in steel, energy, minerals, infrastructure, and cement, known for operational excellence and social responsibility initiatives

Manufacturing 馃嚠馃嚦 Mumbai 41,996 n/a
3
Tata Capitaltatacapital.com

Offers diverse financial services including commercial, infrastructure, cleantech finance, wealth management, consumer loans, and Tata Cards distribution across India.

Financial Services 馃嚠馃嚦 Mumbai 25,046 2007
4
Edelweiss Financial Services Limitededelweissfin.com

A leading financial services conglomerate in India offering a wide range of products and services to diverse clients globally

Financial Services 馃嚠馃嚦 Mumbai 4,385 n/a
5
Piramal Grouppiramal.com

Global business in Pharma, Financial Services, and Real Estate. It also has a foundation focused on healthcare, education, and safe drinking water initiatives.

Executive Offices 馃嚠馃嚦 Mumbai 2,956 n/a
6
CoinDCXcoindcx.com

India's leading crypto investment app with a focus on user experience and security, offering a diverse range of crypto products and services

Financial Services 馃嚠馃嚦 Mumbai 945 2018
7
Directidirecti.com

A group of profitable tech businesses focused on domains, hosting, communication, payments, and online advertising, with a strong global presence

Technology, Information and Internet 馃嚠馃嚦 Mumbai 524 1998
8
ENAMenam.com

Leading investment bank in India, specializing in mobilizing resources for IPOs and providing M&A and corporate advisory services to companies and institutions

Investment Banking 馃嚠馃嚦 Mumbai 513 1984
9
Centrum Indiacentrum.co.in

A leading Financial Services Group offering services in Investment Banking, Institutional Equities, Wealth Management, Lending (SME, Affordable Housing, Micro Finance), Insurance Distribution, and Alternatives Investment Management

Financial Services 馃嚠馃嚦 Mumbai 434 1997
10
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
11
Axis Capital Ltd.axiscapital.co.in

A leading financial service provider in India, specializing in evaluating businesses, mobilizing resources for clients, and facilitating profitable investments for individuals and institutions

Investment Banking 馃嚠馃嚦 Mumbai 388 1986
12
Mumbai Angelsmumbaiangels.com

Premier private investment platform for early-stage ventures in India, with a focus on due diligence, portfolio management, and successful exits

Venture Capital and Private Equity Principals 馃嚠馃嚦 Mumbai 293 2006
13
EAAA Alternativeseaaa.in

Leading alternative asset manager in India, with expertise in private debt and real assets, managing assets for global institutional investors and focusing on responsible investing

Financial Services 馃嚠馃嚦 Mumbai 257 n/a
14
Kotak Alternate Asset Managers Limitedkotakalternateasset.com

Specializing in alternate asset management, investment advisory, and fund raising, with a focus on private equity, real estate, infrastructure, and more

Financial Services 馃嚠馃嚦 Mumbai 249 2005
15
ValueQuest Investment Advisorsvaluequest.in

A boutique Portfolio Management company with a strong track record of identifying winning stocks, backed by two decades of industry experience

Financial Services 馃嚠馃嚦 Mumbai 118 2010

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16
IIFL Asset Management

Leading alternatives-focused firm in India offering AIFs, PMS, and MFs across public and private equity, fixed income, and real estate to create risk-adjusted alpha for investors

Financial Services 馃嚠馃嚦 Mumbai 95 2010
17
Kedaara Capitalkedaara.com

An operationally oriented private equity firm in India investing in market-leading businesses with deep strategic and operational expertise for enduring value creation

Financial Services 馃嚠馃嚦 Mumbai 94 n/a
18
Piramal Capitalpiramalfinance.com

A global conglomerate offering diversified financial solutions in real estate, corporate finance, and fiduciary fund management with a strong global presence

Financial Services 馃嚠馃嚦 Mumbai 79 n/a
19
Samara Capitalsamaracapital.com

An investment firm with a business owner mindset, focusing on superior returns and nurturing top talent while fostering a culture of entrepreneurship

Venture Capital and Private Equity Principals 馃嚠馃嚦 Mumbai 67 n/a
20
Singularity AMCsingularityamc.com

Capital provider specializing in private equity investments for growth-stage Indian companies, led by experienced mentors and operators in capital markets and consumer internet business

Venture Capital and Private Equity Principals 馃嚠馃嚦 Mumbai 63 2020
21
multiplesmultiplesequity.com

Manages alternate asset investments in India, partnering with entrepreneurs and investors to create wealth through flexible strategies across various sectors.

Venture Capital and Private Equity Principals 馃嚠馃嚦 Mumbai 55 2009
22
J.R. Laddha Financial Services Pvt. Ltd.jrladdha.in

A leading provider of Financial & Corporate Advisory Services offering custom solutions in Corporate Finance, Investment Banking, Wealth Management, and Venture Capital

Financial Services 馃嚠馃嚦 Mumbai 55 1984
23
CapitalSquare Advisors Private Limitedcapitalsquare.in

An emerging Investment Banking company in Mumbai, specializing in Merchant Banking, Debt Syndication, Private Equity, M&A, and Structured Finance with a strong network

Financial Services 馃嚠馃嚦 Mumbai 46 2007
24
Steer Advisorssteeradvisors.in

A global investment banking and corporate advisory firm in Mumbai, specializing in various industries and offering services like M&A, private equity, and business development solutions

Investment Banking 馃嚠馃嚦 Mumbai 42 2014
25
Omidyar Network Indiaomidyarnetwork.in

Investing in bold entrepreneurs tackling India's toughest challenges to create opportunities and improve lives for millions in low-income populations

Venture Capital and Private Equity Principals 馃嚠馃嚦 Mumbai 40 n/a
26
Unity SFB- CFSL/MSME Business Unitcentrum.co.in

An India-based company specializing in financial services, providing a wide range of financial solutions to meet the diverse needs of clients

Financial Services 馃嚠馃嚦 Mumbai 34 2017
27
Swyom Advisors Limitedswyom.com

A SEBI registered alternative investment fund manager and portfolio management service provider offering wealth management and financial planning services globally with a focus on integrity and transparency

Financial Services 馃嚠馃嚦 Mumbai 30 n/a
28
Ekvityekvity.com

A prestigious institute offering financial services including Wealth Management, Corporate Finance, and Investment Banking to provide holistic solutions for investors

Investment Advice 馃嚠馃嚦 Mumbai 28 2015
29
Northern Arc Investmentsnorthernarcinvestments.com

Indian private credit fund manager specializing in impact investing, wholly owned by Northern Arc Capital Proven track record of raising investor commitments Promotes financial excellence and responsible investing

Investment Management 馃嚠馃嚦 Mumbai 27 n/a
30
Piramal Alternativespiramalfinance.com

Piramal Alternatives is a fiduciary fund management firm with a strong track record, focusing on investing in India's private debt, equity, and real assets markets

Financial Services 馃嚠馃嚦 Mumbai 27 n/a

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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 12, 2026.

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