# 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.

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.

🇮🇳 Mumbai · 30 companies · Updated Nov 13, 2026

| # | Company | Industry | Headquarters | Employees | Founded |
|---|---|---|---|---|---|
| 1 | [Aditya Birla Group](https://www.tamtam.ai/c/aditya-birla-group) (adityabirla.com)<br>An innovative global conglomerate offering a wide range of products and services, focused on responsible business practices and stakeholder value creation | Executive Offices | 🇮🇳 Mumbai | 82,509 |  |
| 2 | [JSW](https://www.tamtam.ai/c/jsw) (jsw.in)<br>A diverse $23 billion conglomerate with global operations in steel, energy, minerals, infrastructure, and cement, known for operational excellence and social responsibility initiatives | Manufacturing | 🇮🇳 Mumbai | 41,996 |  |
| 3 | [Tata Capital](https://www.tamtam.ai/c/tata-capital) (tatacapital.com)<br>Offers diverse financial services including commercial, infrastructure, cleantech finance, wealth management, consumer loans, and Tata Cards distribution across India. | Financial Services | 🇮🇳 Mumbai | 25,046 | 2007 |
| 4 | [Edelweiss Financial Services Limited](https://www.tamtam.ai/c/edelweiss-financial-services-limited) (edelweissfin.com)<br>A leading financial services conglomerate in India offering a wide range of products and services to diverse clients globally | Financial Services | 🇮🇳 Mumbai | 4,385 |  |
| 5 | [Piramal Group](https://www.tamtam.ai/c/piramal-group) (piramal.com)<br>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 | 🇮🇳 Mumbai | 2,956 |  |
| 6 | [CoinDCX](https://www.tamtam.ai/c/coindcx) (coindcx.com)<br>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 | 🇮🇳 Mumbai | 945 | 2018 |
| 7 | [Directi](https://www.tamtam.ai/c/directi) (directi.com)<br>A group of profitable tech businesses focused on domains, hosting, communication, payments, and online advertising, with a strong global presence | Technology, Information and Internet | 🇮🇳 Mumbai | 524 | 1998 |
| 8 | [ENAM](https://www.tamtam.ai/c/enam) (enam.com)<br>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 | 🇮🇳 Mumbai | 513 | 1984 |
| 9 | [Centrum India](https://www.tamtam.ai/c/centrum-india) (centrum.co.in)<br>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 | 🇮🇳 Mumbai | 434 | 1997 |
| 10 | [ASK Asset & Wealth Management](https://www.tamtam.ai/c/ask-asset-and-wealth-management) (askfinancials.com)<br>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 | 🇮🇳 Mumbai | 400 | 1983 |
| 11 | [Axis Capital Ltd.](https://www.tamtam.ai/c/axis-capital-ltd) (axiscapital.co.in)<br>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 | 🇮🇳 Mumbai | 388 | 1986 |
| 12 | [Mumbai Angels](https://www.tamtam.ai/c/mumbai-angels) (mumbaiangels.com)<br>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 | 🇮🇳 Mumbai | 293 | 2006 |
| 13 | [EAAA Alternatives](https://www.tamtam.ai/c/eaaa-alternatives) (eaaa.in)<br>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 | 🇮🇳 Mumbai | 257 |  |
| 14 | [Kotak Alternate Asset Managers Limited](https://www.tamtam.ai/c/kotak-alternate-asset-managers-limited) (kotakalternateasset.com)<br>Specializing in alternate asset management, investment advisory, and fund raising, with a focus on private equity, real estate, infrastructure, and more | Financial Services | 🇮🇳 Mumbai | 249 | 2005 |
| 15 | [ValueQuest Investment Advisors](https://www.tamtam.ai/c/valuequest-investment-advisors) (valuequest.in)<br>A boutique Portfolio Management company with a strong track record of identifying winning stocks, backed by two decades of industry experience | Financial Services | 🇮🇳 Mumbai | 118 | 2010 |
| 16 | [IIFL Asset Management](https://www.tamtam.ai/c/iifl-asset-management)<br>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 | 🇮🇳 Mumbai | 95 | 2010 |
| 17 | [Kedaara Capital](https://www.tamtam.ai/c/kedaara-capital) (kedaara.com)<br>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 | 🇮🇳 Mumbai | 94 |  |
| 18 | [Piramal Capital](https://www.tamtam.ai/c/piramal-capital) (piramalfinance.com)<br>A global conglomerate offering diversified financial solutions in real estate, corporate finance, and fiduciary fund management with a strong global presence | Financial Services | 🇮🇳 Mumbai | 79 |  |
| 19 | [Samara Capital](https://www.tamtam.ai/c/samara-capital) (samaracapital.com)<br>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 | 🇮🇳 Mumbai | 67 |  |
| 20 | [Singularity AMC](https://www.tamtam.ai/c/singularity-amc) (singularityamc.com)<br>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 | 🇮🇳 Mumbai | 63 | 2020 |
| 21 | [multiples](https://www.tamtam.ai/c/multiples) (multiplesequity.com)<br>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 | 🇮🇳 Mumbai | 55 | 2009 |
| 22 | [J.R. Laddha Financial Services Pvt. Ltd.](https://www.tamtam.ai/c/j-r-laddha-financial-services-pvt-ltd) (jrladdha.in)<br>A leading provider of Financial & Corporate Advisory Services offering custom solutions in Corporate Finance, Investment Banking, Wealth Management, and Venture Capital | Financial Services | 🇮🇳 Mumbai | 55 | 1984 |
| 23 | [CapitalSquare Advisors Private Limited](https://www.tamtam.ai/c/capitalsquare-advisors-private-limited) (capitalsquare.in)<br>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 | 🇮🇳 Mumbai | 46 | 2007 |
| 24 | [Steer Advisors](https://www.tamtam.ai/c/steer-advisors) (steeradvisors.in)<br>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 | 🇮🇳 Mumbai | 42 | 2014 |
| 25 | [Omidyar Network India](https://www.tamtam.ai/c/omidyar-network-india) (omidyarnetwork.in)<br>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 | 🇮🇳 Mumbai | 40 |  |
| 26 | [Unity SFB- CFSL/MSME Business Unit](https://www.tamtam.ai/c/unity-sfb-cfsl-msme-business-unit) (centrum.co.in)<br>An India-based company specializing in financial services, providing a wide range of financial solutions to meet the diverse needs of clients | Financial Services | 🇮🇳 Mumbai | 34 | 2017 |
| 27 | [Swyom Advisors Limited](https://www.tamtam.ai/c/swyom-advisors-limited) (swyom.com)<br>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 | 🇮🇳 Mumbai | 30 |  |
| 28 | [Ekvity](https://www.tamtam.ai/c/ekvity) (ekvity.com)<br>A prestigious institute offering financial services including Wealth Management, Corporate Finance, and Investment Banking to provide holistic solutions for investors | Investment Advice | 🇮🇳 Mumbai | 28 | 2015 |
| 29 | [Northern Arc Investments](https://www.tamtam.ai/c/northern-arc-investments) (northernarcinvestments.com)<br>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 | 🇮🇳 Mumbai | 27 |  |
| 30 | [Piramal Alternatives](https://www.tamtam.ai/c/piramal-alternatives) (piramalfinance.com)<br>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 | 🇮🇳 Mumbai | 27 |  |

## 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 13, 2026.

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## The same list elsewhere in India

- [Venture capital and private equity firms in India](https://www.tamtam.ai/l/vc-and-private-equity-firms-india) (76)
- [Venture capital and private equity firms in Maharashtra](https://www.tamtam.ai/l/vc-and-private-equity-firms-maharashtra) (45)

## The same list elsewhere

- [Venture capital and private equity firms in the world](https://www.tamtam.ai/l/vc-and-private-equity-firms-in-the-world) (6,081)
- [Venture capital and private equity firms in Asia](https://www.tamtam.ai/l/vc-and-private-equity-firms-in-asia) (271)

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Source: https://www.tamtam.ai/l/vc-and-private-equity-firms-mumbai