Company lists · Data refreshed September 2026

Top 25 Industrial services private equity firms based in India

RevenueBase identified 158 industrial services private equity firms headquartered in India as of September 2026 and tracks 1,928 professional contacts across them, including 530 with verified work emails. Mumbai is the largest hub.

This list covers industrial services private equity firms 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
158Companies
1,928Contacts tracked
530Verified emails
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The 25 largest industrial services private equity firms based in India

Ranked by team size
Top 25 of 158 industrial services private equity firms 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 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
1Partial evidenceIndiaHQ checked Sep 28, 20261,001-5,000234 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
2Indirect evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
3Strong evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
4Strong evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
5Strong evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
6Indirect evidenceMumbai, IndiaHQ checked Sep 28, 202611-5060 contacts →

Indirect evidence

“Samara Capital is an Investment firm with a business owner mindset having differentiated investing and operating capabilities.”

Source: RevenueBase Database · checked Sep 28, 2026
7Strong evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
8Indirect evidenceChennai, IndiaHQ checked Sep 28, 202611-5043 contacts →

Indirect evidence

“Anicut Capital is a multi-asset, sector-agnostic alternative investment firm.”

Source: RevenueBase Database · checked Sep 28, 2026
9Indirect evidenceChennai, IndiaHQ checked Sep 28, 202611-5039 contacts →

Indirect evidence

“Veda is a leading independent investment bank based in India.”

Source: RevenueBase Database · checked Sep 28, 2026
10Indirect evidenceMumbai, IndiaHQ checked Sep 28, 202611-5035 contacts →

Indirect evidence

“Eversource Capital has raised the largest single-country sustainable infrastructure investment fund in the Global South, delivering both superior returns and tangible progress…”

Source: RevenueBase Database · checked Sep 28, 2026
11Strong evidenceMumbai, IndiaHQ checked Sep 28, 202611-5030 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
12Strong evidenceBangalore, IndiaHQ checked Sep 28, 202611-5029 contacts →

Strong evidence

“Ascent Capital is a leading private equity firm in India.”

Source: RevenueBase Database · checked Sep 28, 2026
13Strong evidenceNew Delhi, IndiaHQ checked Sep 28, 202611-5024 contacts →

Strong evidence

“CX Partners is an India focused Private Equity Fund.”

Source: RevenueBase Database · checked Sep 28, 2026
14Partial evidenceHyderabad, IndiaHQ checked Sep 28, 202611-5024 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
15Indirect evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
16Indirect evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026
17Strong evidenceBengaluru, IndiaHQ checked Sep 28, 202611-5020 contacts →

Strong evidence

“Stakeboat Capital is a control / co-control oriented private equity firm, focused on small and medium companies.”

Source: RevenueBase Database · checked Sep 28, 2026
18Strong evidenceMumbai, IndiaHQ checked Sep 28, 202611-5020 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
19Partial evidencePune, IndiaHQ checked Sep 28, 202611-5017 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
20Indirect evidenceMumbai, IndiaHQ checked Sep 28, 20261-1016 contacts →

Indirect evidence

“Jashvik Capital is a Healthcare & Consumer sector focused investment firm.”

Source: RevenueBase Database · checked Sep 28, 2026
21Strong evidenceMumbai, IndiaHQ checked Sep 28, 202611-5016 contacts →

Strong evidence

“Private equity firm focusing on the mid-market growth segment in India.”

Source: RevenueBase Database · checked Sep 28, 2026
22Indirect evidenceBangalore, IndiaHQ checked Sep 28, 202611-5014 contacts →

Indirect evidence

“VenturEast is one of India’s longest-standing venture capital fund managers, investing since 1997, and managing $400+ million of AUM.”

Source: RevenueBase Database · checked Sep 28, 2026
23Partial evidenceKolkata, IndiaHQ checked Sep 28, 202611-5013 contacts →

Partial evidence

“GPSK Investment Group is a multi-strategy private investment firm based in India.”

Source: RevenueBase Database · checked Sep 28, 2026
24Indirect evidenceMumbai, IndiaHQ checked Sep 28, 202611-5012 contacts →

Indirect evidence

“We are a team of passionate people looking to engage with innovative businesses, provide support in achieving scale, disruption and profitability, unearthing value leading to a…”

Source: RevenueBase Database · checked Sep 28, 2026
25Strong evidenceMumbai, IndiaHQ checked Sep 28, 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 28, 2026

Showing 25 of 158 industrial services private equity firms based in India

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Industrial services private equity firms based in India at a glance

As of Sep 28, 2026
27.5%Verified-email coverage
12.2Average contacts per company
11-50Median size (employees)
36.7%Largest-city concentration · Mumbai
Sep 28, 2026Page data refreshed

Companies by employee count

1-10
53
11-50
77
51-200
17
201-500
6
501-1,000
3
1,001-5,000
2

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 158 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 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 India whose own description of what they do matches “industrial 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 industrial 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 industrial services private equity firms, 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, 530 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 firms by metro

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 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 industrial services private equity firms are there based in India?

RevenueBase identified 158 industrial services private equity firms 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?

Hofincons Infotech & Industrial Services, headquartered in India, tops this list with the largest team on record.

Which city has the most industrial services private equity firms?

Mumbai leads with 58 headquartered companies, followed by New Delhi (11) and Gurgaon (9).

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 530 verified decision-maker contacts tracked across these 158 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.