Company lists · Data refreshed September 2026

Top 25 Industrial services private equity companies based in India

Name: Industrial services private equity companies based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 28, 2026 103 companies tracked

RevenueBase identified 103 industrial services private equity companies headquartered in India as of September 2026 and tracks 2,123 professional contacts across them, including 320 with verified work emails. Mumbai is the largest hub.

This list covers industrial services private equity companies headquartered in 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 28, 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 28, 2026 86% judged on-target in blind review

103Companies

2,123Contacts tracked

320Verified emails

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The 25 largest industrial services private equity companies based in India

Ranked by team size

Top 25 of 103 industrial services private equity companies based in India, ranked by team size, largest first. Data refreshed Sep 28, 2026. RevenueBase Smart Search rates how each company's information relates to industrial services private equity companies: 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.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	Vaaman Engineers India Limited	Partial evidence	Mumbai, IndiaHQ checked Sep 28, 2026	10001+	1,014 contacts →
	Partial evidence “Established in 1990, Vaaman Engineers provides comprehensive industrial services Pan-India to a wide range of industry sectors – Steel Plants, Zinc and Aluminium Smelters, Cast…” Source: RevenueBase Database · checked Sep 28, 2026
2	Hofincons Infotech & Industrial Services	Partial evidence	IndiaHQ checked Sep 28, 2026	1,001-5,000	234 contacts →
	Partial evidence “Hofincons is a 39 year old brand with approximately 3,900 employees on its rolls and a recognized leader in providing Industrial Asset management services.” Source: RevenueBase Database · checked Sep 28, 2026
3	Multiples Alternate Asset Management	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	87 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 28, 2026
4	Kedaara Capital	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	73 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 28, 2026
5	Chryscapital	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	51-200	67 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 28, 2026
6	True North CO	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	60 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 28, 2026
7	Carpediem Capital Partners	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	30 contacts →
	Strong evidence “Carpediem Capital is a Private Equity firm focused on the India consumption opportunity through investments in emerging SME leaders.” Source: RevenueBase Database · checked Sep 28, 2026
8	Ascent Capital	Strong evidence	Bangalore, IndiaHQ checked Sep 28, 2026	11-50	29 contacts →
	Strong evidence “Ascent Capital is a leading private equity firm in India.” Source: RevenueBase Database · checked Sep 28, 2026
9	Ideal Quality Engineers I PVT LTD	Partial evidence	Hyderabad, IndiaHQ checked Sep 28, 2026	11-50	24 contacts →
	Partial evidence “IQE (I) is one of the leading provider of high quality, cost-effective end-to-end expertise in industrial services to the world’s leading companies.” Source: RevenueBase Database · checked Sep 28, 2026
10	Credent Global Finance	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	21 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 28, 2026
11	Lichfl Asset Management Company Limited	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	20 contacts →
	Strong evidence “LICHFL Asset Management Company (LICHFL AMC) is the private equity and alternate investment platform of LIC Group, focused on housing and infrastructure across India.” Source: RevenueBase Database · checked Sep 28, 2026
12	Altus Global Advisors LLP	Partial evidence	Pune, IndiaHQ checked Sep 28, 2026	11-50	17 contacts →
	Partial evidence “Altus Global Advisors LLP is a 10 year old boutique firm focused on Mergers & Acquisitions and raising equity capital.” Source: RevenueBase Database · checked Sep 28, 2026
13	Amara Partners	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	11 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 28, 2026
14	Banyantree Private Equity	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	8 contacts →
	Indirect evidence “Founded in 2008, BanyanTree Finance is the Manager of BanyanTree India Growth Capital Fund and an advisor to the Manager of BanyanTree Growth Capital I & II, Mauritius-based…” Source: RevenueBase Database · checked Sep 28, 2026
15	Asva Enterprise, India	Strong evidence	Ghaziabad, IndiaHQ checked Sep 28, 2026	201-500	7 contacts →
	Strong evidence “To be the most admired, responsible and preferred supplier integrated Industrial Service Provider to All General Equipment, Solar Plant, Energy plants & Sugar Mills with a global…” Source: RevenueBase Database · checked Sep 28, 2026
16	Arpwood Partners	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	6 contacts →
	Strong evidence “Arpwood Partners is a buyout-focused private equity firm.” Source: RevenueBase Database · checked Sep 28, 2026
17	Rungta Advisors	Strong evidence	Pune, IndiaHQ checked Sep 28, 2026	1-10	5 contacts →
	Strong evidence “Rungta Advisors is a premier boutique investment banking firm specializing in cross-border Mergers and Acquisitions (M&A) and Private Equity syndication.” Source: RevenueBase Database · checked Sep 28, 2026
18	Sharp Advisors	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	4 contacts →
	Indirect evidence “Sharp Advisors works on complex Indian market situations, where capital, assets, regulation, land, approvals, and execution all intersect.” Source: RevenueBase Database · checked Sep 28, 2026
19	Eterna Legacy Advisors Private Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	4 contacts →
	Indirect evidence “Eterna Legacy Advisors Pvt.” Source: RevenueBase Database · checked Sep 28, 2026
20	Hansa Equity Partners LLP	Strong evidence	Hyderabad, IndiaHQ checked Sep 28, 2026	1-10	4 contacts →
	Strong evidence “Founded in 2017, Hansa Equity Partners is a private equity firm based in Hyderabad, India.” Source: RevenueBase Database · checked Sep 28, 2026
21	Tapams Group Of Companies	Partial evidence	Chennai, IndiaHQ checked Sep 28, 2026	11-50	4 contacts →
	Partial evidence “Tapams Advanced Management and Industries Pvt Ltd.” Source: RevenueBase Database · checked Sep 28, 2026
22	Bhadrecha Interior Infra Private Limited	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	51-200	2 contacts →
	Strong evidence “BHADRECHA INTERIOR INFRA PRIVATE LIMITED is a company based out of 201, SHRI RAM INDUSTRIAL ESTATE OLD NAGAR DAS 'X' ROAD, ANDHERI (EAST), MUMBAI, Maharashtra, India.” Source: RevenueBase Database · checked Sep 28, 2026
23	Ambit Pragma Advisors LLP	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	11-50	2 contacts →
	Strong evidence “Ambit Pragma Advisors LLP is an India-dedicated Private Equity fund that provides Growth Capital to Small & Medium Enterprises (SMEs).” Source: RevenueBase Database · checked Sep 28, 2026
24	Smartkapital	Strong evidence	Chennai, IndiaHQ checked Sep 28, 2026	1-10	2 contacts →
	Strong evidence “SK-Services to Private Equity Firms SmartKapital provides PE investors in India and South-east Asia with a high-quality “one-stop shop” operating oversight of portfolio companies…” Source: RevenueBase Database · checked Sep 28, 2026
25	Arth Capital	Strong evidence	Mumbai, IndiaHQ checked Sep 28, 2026	1-10	2 contacts →
	Strong evidence “Arth Capital is an India based mid-market, sector focused independent private equity firm.” Source: RevenueBase Database · checked Sep 28, 2026

RevenueBase Smart Search

RevenueBase Smart Search assesses information from a company’s LinkedIn profile, information supplied directly by the company, its website, and other publicly available sources. It uses that information to rate how closely the company relates to this list’s category: industrial services private equity companies. Every row carries its rating and the description the rating was read from, so each one can be checked rather than taken on trust.

Strong evidence: The company's own public description of its business names industrial services private equity companies.
Partial evidence: Its own public description names part of industrial services private equity companies, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name industrial services private equity companies. The match rests on the rest of the company's public profile rather than the one sentence quoted here, so this is the rating to check first.

RevenueBase Smart Search is how these lists are built: RevenueBase's data engine and AI assemble the companies that match a category defined in a user's own words, so a list can be about what companies actually do rather than about whichever industry code they were filed under.

Showing 25 of 103 industrial services private equity companies based in India

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Industrial services private equity companies based in India at a glance

As of Sep 28, 2026

15.1%Verified-email coverage

20.6Average contacts per company

11-50Median size (employees)

29.1%Largest-city concentration · Mumbai

Sep 28, 2026Page data refreshed

Companies by employee count

1-10

11-50

51-200

201-500

501-1,000

1,001-5,000

10001+

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 103 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 industrial services private equity companies, 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 India whose own description of what they do matches “industrial services private equity companies”. 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 industrial services private equity companies), 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 industrial services private equity companies, and records with no verified work email. Companies headquartered outside India 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, 320 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 28, 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.

Industrial services private equity companies by metro

Industrial services private equity companies in Mumbai30

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 industrial services private equity companies, 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 industrial services private equity companies are there based in India?

RevenueBase identified 103 industrial services private equity companies headquartered in 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?

Vaaman Engineers India Limited, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most industrial services private equity companies?

Mumbai leads with 30 headquartered companies, followed by Gurgaon (7) and Pune (7).

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 320 verified decision-maker contacts tracked across these 103 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 28, 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.