Company lists · Data refreshed September 2026

Top 25 Business services private equity firms based in Mumbai, India

RevenueBase identified 155 business services private equity firms headquartered in Mumbai, India as of September 2026 and tracks 1,768 professional contacts across them, including 597 with verified work emails. Across India, Mumbai is the largest hub for this category.

This list covers business services private equity firms headquartered in Mumbai, India, matched on what each company actually does as described in its own words. Ranked by team size, largest first. Every row shows the company's own description, its RevenueBase Smart Search rating, and when it was last checked. Data refreshed September 27, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase Smart Search, 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 HQ checked on every row RevenueBase Smart Search rating on every row Refreshed Sep 27, 2026 86% judged on-target in blind review
155Companies
1,768Contacts tracked
597Verified emails
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The 25 largest business services private equity firms based in Mumbai, India

Ranked by team size
Top 25 of 155 business services private equity firms based in Mumbai, India, ranked by team size, largest first. Data refreshed Sep 27, 2026. RevenueBase Smart Search rates how each company's information relates to business services private equity firms: strong evidence (its own description names it), partial (names part of it), indirect (matched on the rest of its profile rather than the description shown). Click a contact count to view that company's people.
#CompanyRevenueBase Smart SearchHeadquartersEmployeesContacts
1Strong evidenceMumbai, IndiaHQ checked Sep 27, 202651-200154 contacts →

Strong evidence

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

Source: RevenueBase Database · checked Sep 27, 2026
2Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202651-20094 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 27, 2026
3Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5087 contacts →

Indirect evidence

“Multiples was founded in 2009 by Renuka Ramnath, emerging from a vision to create a highly-respected, sustainable and successful institution focused on Alternate Asset investments…”

Source: RevenueBase Database · checked Sep 27, 2026
4Strong evidenceMumbai, IndiaHQ checked Sep 27, 202611-5073 contacts →

Strong evidence

“Kedaara Capital is an operationally oriented private equity firm pursuing control and minority investment opportunities in India.”

Source: RevenueBase Database · checked Sep 27, 2026
5Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202651-20072 contacts →

Indirect evidence

“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…”

Source: RevenueBase Database · checked Sep 27, 2026
6Strong evidenceMumbai, IndiaHQ checked Sep 27, 202651-20067 contacts →

Strong evidence

“Founded in ChrysCapital Advisors is part of one of the largest and most established India-focused investment Groups, with $8+ billion raised across 10 private equity funds.”

Source: RevenueBase Database · checked Sep 27, 2026
7Strong evidenceMumbai, IndiaHQ checked Sep 27, 202611-5060 contacts →

Strong evidence

“True North has spent 25 years partnering with conscious, high-performing businesses across India, guided by a single philosophy: “Doing things the right way.” In Private Equity…”

Source: RevenueBase Database · checked Sep 27, 2026
8Strong evidenceMumbai, IndiaHQ checked Sep 27, 202611-5050 contacts →

Strong evidence

“Gaja Capital is an India focused private equity firm that invests in mid-market companies in emerging sectors such as Education, Financial Services and Consumer.”

Source: RevenueBase Database · checked Sep 27, 2026
9Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5032 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 27, 2026
10Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5029 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 27, 2026
11Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5027 contacts →

Indirect evidence

“A leading research and consulting firm emulating the process of growth over the last 12 years.”

Source: RevenueBase Database · checked Sep 27, 2026
12Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202651-20026 contacts →

Indirect evidence

“We are a leading advisor to corporations, entrepreneurs and investors, offering integrated solutions encompassing high-quality financial advisory services and financing solutions.”

Source: RevenueBase Database · checked Sep 27, 2026
13Indirect evidenceMumbai, IndiaHQ checked Sep 27, 20261-1024 contacts →

Indirect evidence

“At Amicus Growth Advisors, we help businesses unlock growth, improve performance, and build lasting value.”

Source: RevenueBase Database · checked Sep 27, 2026
14Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5023 contacts →

Indirect evidence

“Convergent is an investment partnership at the forefront of bringing together Ideas, Capital and passionate Entrepreneurs.”

Source: RevenueBase Database · checked Sep 27, 2026
15Strong evidenceMumbai, IndiaHQ checked Sep 27, 202611-5023 contacts →

Strong evidence

“Established in 2004, Aarayaa is an Investment Bank focused on Mergers & Acquisitions, Private Equity, Corporate Finance, Restructuring of Companies, Valuations, International Tax…”

Source: RevenueBase Database · checked Sep 27, 2026
16Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5022 contacts →

Indirect evidence

“At Mantraa, we are a team of seasoned professionals with extensive C-suite experience and a passion for empowering businesses.”

Source: RevenueBase Database · checked Sep 27, 2026
17Indirect evidenceMumbai, IndiaHQ checked Sep 27, 20261-1022 contacts →

Indirect evidence

“Kreo Capital is a boutique financial service company with Mid Market focus offering integrated financial advice and services.”

Source: RevenueBase Database · checked Sep 27, 2026
18Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5021 contacts →

Indirect evidence

“CREDENT GLOBAL, based in London and Mumbai, is a Financial Services firm that focuses on creating solutions for mid to large cap companies and helping investors build a thriving…”

Source: RevenueBase Database · checked Sep 27, 2026
19Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5020 contacts →

Indirect evidence

“Lakhani Financial Services (LFS) is a boutique Investment Banking firm which specializes in helping early stage startup raise funds from our network of investors.”

Source: RevenueBase Database · checked Sep 27, 2026
20Indirect evidenceMumbai, IndiaHQ checked Sep 27, 202611-5019 contacts →

Indirect evidence

“Artoval comes from “Art-O-Val” which stands for “Art of Valuation” Established in 2022, our boutique financial advisory firm is a strategic partner to clients in 20+ countries.”

Source: RevenueBase Database · checked Sep 27, 2026
21Indirect evidenceMumbai, IndiaHQ checked Sep 27, 2026201-50014 contacts →

Indirect evidence

“One-stop consulting, firm for the Entrepreneurs, Corporates & Business Groups for Financial and Compliance Solutions.”

Source: RevenueBase Database · checked Sep 27, 2026
22Strong evidenceMumbai, IndiaHQ checked Sep 27, 202611-5013 contacts →

Strong evidence

“AQT Direct Ltd is a distinguished Private Equity Consultancy that specializes in assisting individuals in becoming Partners & Angle Investor in Early-Stage, High-Growth Potential…”

Source: RevenueBase Database · checked Sep 27, 2026
23Strong evidenceMumbai, IndiaHQ checked Sep 27, 20261-1011 contacts →

Strong evidence

“Amara Partners is a Mumbai-based mid-market private equity fund that invests in growth-stage companies across sectors such as manufacturing, consumer, financial services, and…”

Source: RevenueBase Database · checked Sep 27, 2026
24Strong evidenceMumbai, IndiaHQ checked Sep 27, 202611-5010 contacts →

Strong evidence

“Think Capital is a mid-market investment bank focusing M&A, Private Equity, Restructurings and Turnaround Advisory.”

Source: RevenueBase Database · checked Sep 27, 2026
25Partial evidenceMumbai, IndiaHQ checked Sep 27, 20261-109 contacts →

Partial evidence

“Zanskar Advisors Private Limited is a boutique advisory firm providing corporate finance solutions for the strategic requirements of venture, middle market & emerging large…”

Source: RevenueBase Database · checked Sep 27, 2026

Showing 25 of 155 business services private equity firms based in Mumbai, India

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Business services private equity firms based in Mumbai, India at a glance

As of Sep 27, 2026
33.8%Verified-email coverage
11.4Average contacts per company
1-10Median size (employees)
Sep 27, 2026Page data refreshed

Companies by employee count

1-10
80
11-50
57
51-200
14
201-500
2
501-1,000
1
1,001-5,000
1

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 155 companies.

How this list was built

Company categories are rarely black and white. RevenueBase reads each company's own description of its business to decide whether it belongs among business services private equity firms, so some rows will be adjacent to the category rather than pure plays. The description and RevenueBase Smart Search rating on every row are there so you can check each match yourself.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase Smart Search, the natural-language company search available to every RevenueBase user.
What qualifies
Companies headquartered in Mumbai, India whose own description of what they do matches “business services private equity firms”. Matching reads each company's description, not its industry code or its name.
RevenueBase Smart Search
RevenueBase Smart Search is how this list is assembled and how each row is rated. RevenueBase's data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to a category defined in a user's own words. Each row is rated strong evidence (its own description names business services private equity firms), partial evidence (it names part of the category) or indirect evidence (the description shown names none of it and the match rests on the rest of the company's profile). The description supporting each rating is quoted on the row.
What we exclude
Companies whose own description does not clearly place them among business services private equity firms, and records with no verified work email. Companies headquartered outside Mumbai are excluded even when they keep an office there.
Match quality
In blind human judging of this matching method, 86% of matched companies were on target. Expect roughly 1 in 7 rows to be adjacent to the category rather than a pure play. Every row shows the company's own description and its RevenueBase Smart Search rating so you can judge each match yourself. Read the full methodology: how the lists are built, how the judging worked, and what the figure means.
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 listed company carries at least one verified work email, 597 across the full list. 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 27, 2026. Lists refresh periodically as the graph is re-checked.
Corrections
Wrong category, wrong headquarters, or a company that has closed? Use “Report an issue” on any row. Reports go to the RevenueBase Data Team and feed back into the company graph.

Frequently asked

What is RevenueBase Smart Search?

RevenueBase Smart Search is how RevenueBase decides which companies belong on this list and how strongly each one fits. Its data engine and AI assess a company's LinkedIn profile, information supplied directly by the company, its website and other publicly available information, then relate it to the category the list is about. Each row is rated strong evidence when the company's own description names business services private equity firms, partial evidence when it names part of the category, and indirect evidence when the description shown names none of it and the match rests on the rest of the company's profile.

How many business services private equity firms are there based in Mumbai, India?

RevenueBase identified 155 business services private equity firms headquartered in Mumbai, India as of September 2026, matched on each company's own description of what it does rather than its industry code.

What is the largest company on this list?

Analah, headquartered in Mumbai, tops this list with the largest team on record.

Which city in India has the most business services private equity firms?

Mumbai leads India with 155 headquartered companies, followed by New Delhi (71) and Bangalore (31).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work the top results, verified emails and direct dials included. Upgrading unlocks all 597 verified decision-maker contacts tracked across these 155 companies.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 27, 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 Smart Search, 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.