Company lists · Data refreshed September 2026

Top 25 Boutique investment banks based in Mumbai, India

RevenueBase identified 450 company matches for boutique investment banks associated with Mumbai, India as of September 2026 and tracks 10,349 professional contacts across them, including 1,924 with verified work emails. Across India, Mumbai is the largest hub for this category.

This list covers company matches for boutique investment banks associated with Mumbai, India, found by RevenueBase SmartSearch using the meaning of business descriptions in its company graph at Exact. Ranked by professionals tracked, largest first. Rows show recorded descriptions where available, Exact search membership and the snapshot date. Data refreshed September 16, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, the natural-language company search RevenueBase customers use to build their own targeted lists and unlock verified emails and direct dials at the companies on them. How these lists are built and judged.

How to read this list RevenueBase SmartSearch · Exact Recorded Sep 16, 2026 How this list was built
450Companies
10,349Contacts tracked
1,924Verified emails
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The 25 largest boutique investment banks based in Mumbai, India

Ranked by team size
Top 25 of 450 company matches for boutique investment banks based in Mumbai, India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Sep 16, 2026. The RevenueBase SmartSearch column shows Exact match membership in this saved search. Click a contact count to view that company's people. Totals use company locations recorded by RevenueBase; the displayed preview is a smaller selection.
#CompanyRevenueBase SmartSearchHeadquartersEmployeesContacts
1Exact matchMumbai, IndiaHQ recorded Sep 16, 20261,001-5,0002,424 contacts →

Exact match

Recorded description not available.

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
2Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-500931 contacts →

Exact match

“SBI Capital Markets Limited (SBICAPS) is registered with SEBI as a Category I Merchant Banker (Registration No.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
3Exact matchMumbai, IndiaHQ recorded Sep 16, 2026501-1,000784 contacts →

Exact match

“SEBI Reg No:NSE (CM, F&O) & BSE No:0893 | DP ID: IN300-079/450 | NSE Member No- 07066 | BSE Clg.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
4Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-500557 contacts →

Exact match

“TRUST Group is India’s leading institutionalized multi-line and multi-asset financial services platform ranging across investment banking solutions, capital market services…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
5Exact matchMumbai, IndiaHQ recorded Sep 16, 2026501-1,000528 contacts →

Exact match

“Monarch Networth Capital (MNCL) is a diversified financial services firm built on a single promise: Value Creation.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
6Exact matchMumbai, IndiaHQ recorded Sep 16, 20261,001-5,000448 contacts →

Exact match

“Nuvama Group (formerly Edelweiss Wealth Management) is backed by the trust and reputation earned through over 25+ years in the Indian market and strengthened by a global…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
7Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-500339 contacts →

Exact match

“ENAM is one of India's leading investment banks.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
8Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-500204 contacts →

Exact match

“With a legacy spanning over 140 years, B&K (Batlivala & Karani) stands as one of the oldest financial services groups in India.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
9Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-200154 contacts →

Exact match

“Analah is a premier global firm specializing in Private Equity, Startups, Real Estate, Mutual Funds, and Insurance.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
10Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20094 contacts →

Exact match

“Singhi Advisors is a global investment banking firm, focused on providing merger, acquisition, divestiture & corporate advisory services to domestic & international organizations.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
11Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20083 contacts →

Exact match

“Capwise Group comprises Capwise Financial Services Private Limited (Investment Banking & Advisory), Capwise Finance Private Limited (RBI-registered NBFC), Capwise Wealth…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
12Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20072 contacts →

Exact match

“Keynote Financial Services Ltd (formerly Keynote Corporate Services Ltd) is a boutique investment bank and a leading life cycle banker that offers independent advisory services to…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
13Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-50060 contacts →

Exact match

“A.K.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
14Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20059 contacts →

Exact match

“Rurash Financial Pvt.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
15Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20043 contacts →

Exact match

“Alongside the fast-paced growth of India as an emerging economic superpower, Kennis has strongly emerged as an independent Investment Banking and Financial Services Group with a…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
16Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20039 contacts →

Exact match

“Mango Advisors is an investment banking firm providing a wide range of financial services, focused on the real estate sector.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
17Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5038 contacts →

Exact match

“At Walter Advisors, we believe that businesses deserve more than just guidance, they deserve a trusted partner through every critical decision.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
18Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5038 contacts →

Exact match

“Special Situation Advisors (India) Pvt.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
19Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5034 contacts →

Exact match

“All Businesses have their own Unique Financial Needs.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
20Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20033 contacts →

Exact match

“The JRLaddha Group is a leading provider of Financial & Corporate Advisory Services with offices in Mumbai, Kolkata, and Banglore.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
21Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5032 contacts →

Exact match

“Avener Capital began its journey in 2018 as an avant-garde financial advisory firm and business accelerator.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
22Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5031 contacts →

Exact match

“Ekvity, is a very unique fusion.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
23Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5029 contacts →

Exact match

“Kanchansobha offers a complete suite of investment banking solutions to its clients.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
24Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5027 contacts →

Exact match

“Proficio is one of foremost Mumbai based transaction focussed Investment bank since 2010.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
25Exact matchMumbai, IndiaHQ recorded Sep 16, 202611-5026 contacts →

Exact match

“Earlyseed Ventures is a boutique investment bank that provides all-round consulting services for early-stage startups and growth companies.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase

Showing 25 of 450 boutique investment banks based in Mumbai, India

See the full list, filter by size, metro and specialty, and access 1,924 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Boutique investment banks based in Mumbai, India at a glance

As of Sep 16, 2026
18.6%Verified-email coverage
23.0Average contacts per company
1-10Median size (employees)
Sep 16, 2026Page data refreshed

Companies by employee count

1-10
225
11-50
168
51-200
37
201-500
11
501-1,000
3
1,001-5,000
3
5,001-10,000
2

Email recency for this list is measured across the whole India list rather than for Mumbai, so it is reported there. Company counts and contact totals on this page are exact for Mumbai, over 450 companies.

How this list was built

The recorded descriptions help you assess these company matches. Check a company’s website for its current services and locations.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Company records associated with Mumbai, India whose business descriptions match “boutique investment banks” by meaning at the Exact setting. Descriptions are compiled in the RevenueBase company graph from public websites, profiles and company information where available; they are not guaranteed quotations from the company's website.
RevenueBase SmartSearch
Describe a niche company in your own words to find businesses by meaning. Exact, Similar, Related and Broad control the breadth of RevenueBase SmartSearch. This saved list uses Exact. Each row's Exact match badge shows inclusion in that search, not an individual score or a service-quality judgment.
Public preview
The public preview omits records without a verified work email. Where headquarters information is recorded, preview rows are also filtered to this page’s location. Dataset totals and geographic summaries describe the full matched records before these preview filters.
Match quality
RevenueBase's August 25, 2026 study assessed 4,198 description/company pairs across matching settings. The publisher reports 86% good or better at Exact. This evaluates the method across queries; it does not audit this individual list. Recorded company descriptions, where available, help you judge each match yourself. Read the full methodology: how the lists are built and what the study measures.
Ranking
Team size, largest first: companies are ordered by the number of professionals RevenueBase tracks at each one. Employee ranges shown are reported bands, for context.
Verification
Every displayed company carries at least one verified work email. RevenueBase tracks 1,924 professional contacts with verified work emails across the full matched dataset. Contacts re-verify on a rolling cadence, and each contact's own verification date is shown inside RevenueBase.
Refresh
This page's figures were pulled from the company graph on September 16, 2026. Lists refresh periodically as the graph is re-checked.
Record context
Company records and descriptions can change. Check the company's website for its current services and locations.

Frequently asked

What is RevenueBase SmartSearch?

RevenueBase SmartSearch finds niche companies by the meaning of their business descriptions in the RevenueBase company graph. Exact, Similar, Related and Broad control how closely companies must fit your description. This list uses Exact for “boutique investment banks”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many boutique investment banks are there based in Mumbai, India?

RevenueBase identified 450 company matches for boutique investment banks associated with Mumbai, India as of September 2026, using the meaning of business descriptions at Exact. This is the recorded matched set in the RevenueBase company graph.

What is the largest company on this list?

JM Financial LTD tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city in India has the most boutique investment banks?

Mumbai leads India with 450 company records, followed by New Delhi (176) and Bangalore (135).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work limited free results with 500 credits to start. Upgrading provides access to the 1,924 professional contacts with verified work emails tracked across these 450 companies; direct dials are available where recorded.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 16, 2026.

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About this data

RevenueBase is a B2B data infrastructure company. Its company graph covers 60 million companies and 398.9 million professional contacts, with emails verified on a rolling cadence rather than scraped once and left to decay. These company lists are generated directly from that graph with RevenueBase SmartSearch, the same natural-language company search every RevenueBase user has: describe a market in plain words, get the companies that match, and add verified emails and direct dials for the people at them. It is the same data that powers RevenueBase's B2B data products, and a free account includes 500 credits to start. How these lists are built and judged.