Company lists · Data refreshed September 2026

Top 25 Financial services research firms based in India

RevenueBase identified 292 company matches for financial services research firms associated with India as of September 2026 and tracks 22,286 professional contacts across them, including 3,881 with verified work emails. Mumbai is the largest hub.

This list covers company matches for financial services research firms associated with 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
292Companies
22,286Contacts tracked
3,881Verified emails
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The 25 largest financial services research firms based in India

Ranked by team size
Top 25 of 292 company matches for financial services research firms based in 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, 202610001+13,208 contacts →

Exact match

“Motilal Oswal Financial Services Ltd.(MOFSL) was founded in 1987 as a small sub-broking unit, with just 2 people running the show.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
2Exact matchNew Delhi, IndiaHQ recorded Sep 16, 20261,001-5,0002,161 contacts →

Exact match

“Established In 1990, SMC is a well-diversified financial services company in India offering services across brokerage (across the asset classes of equities (cash and derivatives)…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
3Exact matchMumbai, IndiaHQ recorded Sep 16, 2026501-1,000816 contacts →

Exact match

“Connect and Converse with likeminded people, Contribute and share your thoughts.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
4Exact 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
5Exact matchBangalore, IndiaHQ recorded Sep 16, 202651-200429 contacts →

Exact match

“William O’Neil India is part of the O’Neil companies, a family of businesses dedicated to providing industry-leading financial services and information.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
6Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-500268 contacts →

Exact match

“PhillipCapital India Pvt.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
7Exact matchIndore, IndiaHQ recorded Sep 16, 2026201-500212 contacts →

Exact match

“Epic Research is a leading financial services provider with presence in Indian and other global capital markets.”

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 matchPune, IndiaHQ recorded Sep 16, 2026201-500179 contacts →

Exact match

“The Research Insights is an obligated organization and a global ground breaker in research, analytics and advisory.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
10Exact matchNoida, IndiaHQ recorded Sep 16, 202651-200158 contacts →

Exact match

“Value Research is a leading provider of independent investment research in India.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
11Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-200156 contacts →

Exact match

“Axience is a specialist business services firm providing research, analytics and intelligence services to all pillars of the financial services industry, consultancy, governmental…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
12Exact matchKolkata, IndiaHQ recorded Sep 16, 2026201-500149 contacts →

Exact match

“We are a leading financial services firm delivering integrated financial solutions for a dynamic marketplace.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
13Exact matchNoida, IndiaHQ recorded Sep 16, 2026201-50094 contacts →

Exact match

“Magistral offers offshore capacity and capabilities for Financial Research, Analytics, Technology and AI for global financial services industry.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
14Exact matchPune, IndiaHQ recorded Sep 16, 202651-20087 contacts →

Exact match

“Reports Insights is the leading research industry that offers contextual and data-centric research services to its customers across the globe.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
15Exact matchMumbai, IndiaHQ recorded Sep 16, 2026201-50084 contacts →

Exact match

“Sunidhi Group was founded in the 1960s as a stock broking enterprise by Late Jasvantlal Parekh, Late Jayantilal Shah, and Late Dhirajlal Parekh.”

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

Exact match

“Alchemy Research and Analytics is a leading next-generation, tech-powered, human-led provider of bespoke solutions in business research, market intelligence, sustainability…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
17Exact matchHyderabad, IndiaHQ recorded Sep 16, 202611-5062 contacts →

Exact match

“Invergence Analytics is a subsidiary of Convergence Inc.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
18Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20059 contacts →

Exact match

“Opulent Investment Adviser Private Limited SEBI Registered Research Analyst (Registration No.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
19Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20047 contacts →

Exact match

“Trusted by a million members worldwide, Equitymaster is a leading financial research firm that offers independent, unbiased, and actionable insights on the Indian stock market.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
20Exact matchMumbai, IndiaHQ recorded Sep 16, 202651-20042 contacts →

Exact match

“Northstar Analytics provides high-quality, consistent, and cost-effective investment research and analytical support to asset managers (public equity, private equity, venture…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
21Exact matchHyderabad, IndiaHQ recorded Sep 16, 202611-5041 contacts →

Exact match

“Golden Hills Capital India Private Limited is a leading provider for data analytics and research providing a comprehensive suite of solutions ranging from consulting services to…”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
22Exact matchThane, IndiaHQ recorded Sep 16, 202611-5036 contacts →

Exact match

“ValueAdd Research and Analytics Solutions (ValueAdd) is a growing research and analytics solutions provider.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
23Exact matchChennai, IndiaHQ recorded Sep 16, 202651-20025 contacts →

Exact match

“Spark Institutional Equities is a top-3 rated research led broker in India with over 75 employees.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
24Exact matchPune, IndiaHQ recorded Sep 16, 202611-5022 contacts →

Exact match

“Maxim Research Private Limited provides differentiated and value-add research & analytics services to its global clients.”

Recorded in the RevenueBase company graph · Sep 16, 2026 · View company records in RevenueBase
25Exact matchChandigarh, IndiaHQ recorded Sep 16, 202611-5021 contacts →

Exact match

“We are a Team of Highly Skilled Professionals with a mission to bring World Class Investment Services and Solutions to Investors in India and around the globe.”

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

Showing 25 of 292 financial services research firms based in India

See the full list, filter by size, metro and specialty, and access 3,881 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Financial services research firms based in India at a glance

As of Sep 16, 2026
17.4%Verified-email coverage
76.3Average contacts per company
11-50Median size (employees)
14.7%Largest-city concentration · Mumbai
Sep 16, 2026Page data refreshed

Companies by employee count

1-10
110
11-50
97
51-200
59
201-500
19
501-1,000
3
1,001-5,000
2
10001+
1

Email recency for this list is measured worldwide rather than for India, so it is reported there. Company counts and contact totals on this page are exact for India, over 292 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 India whose business descriptions match “financial services research firms” 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 3,881 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 “financial services research firms”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many financial services research firms are there based in India?

RevenueBase identified 292 company matches for financial services research firms associated with 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?

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

Which city has the most financial services research firms?

Mumbai leads with 43 company records, followed by Pune (42) and Bangalore (22).

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 3,881 professional contacts with verified work emails tracked across these 292 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.