Company lists · Data refreshed September 2026

Top 25 Institutional research firms based in India

Name: Institutional research firms based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 20, 2026 355 companies tracked

RevenueBase identified 355 institutional research firms headquartered in India as of September 2026 and tracks 7,715 professional contacts across them, including 932 with verified work emails. Pune is the largest hub.

This list covers institutional research 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 20, 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 20, 2026 86% judged on-target in blind review

355Companies

7,715Contacts tracked

932Verified emails

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The 25 largest institutional research firms based in India

Ranked by team size

Top 25 of 355 institutional research firms based in India, ranked by team size, largest first. Data refreshed Sep 20, 2026. RevenueBase Smart Search rates how each company's information relates to institutional research 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.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	GD Research Center Pvt. LTD	Partial evidence	Hyderabad, IndiaHQ checked Sep 20, 2026	1,001-5,000	1,260 contacts →
	Partial evidence “GD Research Center Pvt.” Source: RevenueBase Database · checked Sep 20, 2026
2	Aranca	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	501-1,000	734 contacts →
	Partial evidence “We are a global research analytics and advisory firm with over 20 years of experience in helping organizations take strategic business and investment decisions fearlessly and with…” Source: RevenueBase Database · checked Sep 20, 2026
3	Capitalvia	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	n/a	630 contacts →
	Partial evidence “CapitalVia Global Research Limited has been providing pure play financial market research and consulting services for over 14 years, offering unbiased technical analysis and…” Source: RevenueBase Database · checked Sep 20, 2026
4	Industryarc	Indirect evidence	Hyderabad, IndiaHQ checked Sep 20, 2026	201-500	511 contacts →
	Indirect evidence “IndustryARC™ was started by a group of young, passionate professionals along with extensively experienced industry veterans across various business segments and focused expertise…” Source: RevenueBase Database · checked Sep 20, 2026
5	AGR Knowledge Services PVT LTD	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	201-500	309 contacts →
	Partial evidence “AGR is a specialist research, analytics, and advisory firm that helps clients with custom knowledge solutions to identify and realize global market growth opportunities…” Source: RevenueBase Database · checked Sep 20, 2026
6	Fortune Business Insights	Indirect evidence	Pune, IndiaHQ checked Sep 20, 2026	201-500	277 contacts →
	Indirect evidence “Fortune Business Insights™ offers market studies and consulting services to global businesses.” Source: RevenueBase Database · checked Sep 20, 2026
7	The Research Insights	Partial evidence	Pune, IndiaHQ checked Sep 20, 2026	201-500	179 contacts →
	Partial evidence “The Research Insights is an obligated organization and a global ground breaker in research, analytics and advisory.” Source: RevenueBase Database · checked Sep 20, 2026
8	Dataintelo	Indirect evidence	Pune City, IndiaHQ checked Sep 20, 2026	501-1,000	164 contacts →
	Indirect evidence “More.” Source: RevenueBase Database · checked Sep 20, 2026
9	6wresearch	Indirect evidence	New Delhi, IndiaHQ checked Sep 20, 2026	201-500	161 contacts →
	Indirect evidence “6Wresearch, branded as 6W, is a commercial strategy and growth advisory firm helping organizations build stronger businesses through sustainable growth and market leadership.” Source: RevenueBase Database · checked Sep 20, 2026
10	Axience	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	156 contacts →
	Partial evidence “Axience is a specialist business services firm providing research, analytics and intelligence services to all pillars of the financial services industry, consultancy, governmental…” Source: RevenueBase Database · checked Sep 20, 2026
11	Reports Insights Consulting PVT LTD	Partial evidence	Pune, IndiaHQ checked Sep 20, 2026	51-200	87 contacts →
	Partial evidence “Reports Insights is the leading research industry that offers contextual and data-centric research services to its customers across the globe.” Source: RevenueBase Database · checked Sep 20, 2026
12	Market Data Forecast	Partial evidence	Hyderabad, IndiaHQ checked Sep 20, 2026	51-200	83 contacts →
	Partial evidence “Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting.” Source: RevenueBase Database · checked Sep 20, 2026
13	Wiseguyreports WGR Part Of Wiseguy Research Consultants Pvt. LTD	Partial evidence	Pune, IndiaHQ checked Sep 20, 2026	51-200	73 contacts →
	Partial evidence “WiseGuy Research Consultants Pvt.” Source: RevenueBase Database · checked Sep 20, 2026
14	Alchemy Research And Analytics	Partial evidence	Durgapur, IndiaHQ checked Sep 20, 2026	51-200	72 contacts →
	Partial evidence “Alchemy Research and Analytics is a leading next-generation, tech-powered, human-led provider of bespoke solutions in business research, market intelligence, sustainability…” Source: RevenueBase Database · checked Sep 20, 2026
15	Concentric Analytics LLP	Partial evidence	Vadodara, IndiaHQ checked Sep 20, 2026	51-200	65 contacts →
	Partial evidence “Concentric Analytics LLP is a premium institutional delivery partner for global investment firms and corporates.” Source: RevenueBase Database · checked Sep 20, 2026
16	Median Research & Consulting Pvt. LTD	Partial evidence	Kolkata, IndiaHQ checked Sep 20, 2026	51-200	63 contacts →
	Partial evidence “Median Research and Consulting is a leading research and consulting firm that specializes in providing innovative and data-driven solutions to businesses across various industries.” Source: RevenueBase Database · checked Sep 20, 2026
17	Invergence Analytics Subsidiary Of Convergence INC	Indirect evidence	Hyderabad, IndiaHQ checked Sep 20, 2026	11-50	62 contacts →
	Indirect evidence “Invergence Analytics is a subsidiary of Convergence Inc.” Source: RevenueBase Database · checked Sep 20, 2026
18	Stockaxis	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	59 contacts →
	Partial evidence “Opulent Investment Adviser Private Limited SEBI Registered Research Analyst (Registration No.” Source: RevenueBase Database · checked Sep 20, 2026
19	Stratistics Market Research Consulting PVT LTD	Partial evidence	Secunderabad, IndiaHQ checked Sep 20, 2026	51-200	53 contacts →
	Partial evidence “Stratistics MRC stands as a prominent and versatile entity, offering an extensive array of research and consulting services encompassing diverse industries.” Source: RevenueBase Database · checked Sep 20, 2026
20	Northstar Analytics	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	42 contacts →
	Partial evidence “Northstar Analytics provides high-quality, consistent, and cost-effective investment research and analytical support to asset managers (public equity, private equity, venture…” Source: RevenueBase Database · checked Sep 20, 2026
21	Globeflex Research India Pvt. LTD	Partial evidence	Pune, IndiaHQ checked Sep 20, 2026	51-200	41 contacts →
	Partial evidence “GlobeFlex Research India Pvt.” Source: RevenueBase Database · checked Sep 20, 2026
22	Golden Hills Capital India PVT LTD	Partial evidence	Hyderabad, IndiaHQ checked Sep 20, 2026	11-50	41 contacts →
	Partial evidence “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…” Source: RevenueBase Database · checked Sep 20, 2026
23	RCK Analytics	Partial evidence	Pune, IndiaHQ checked Sep 20, 2026	11-50	40 contacts →
	Partial evidence “RCK Analytics provides high-quality cost-effective outsourced investment research, investment banking support, PE/VC research support, analytics, and assurance services to global…” Source: RevenueBase Database · checked Sep 20, 2026
24	Valueadd Research And Analytics Solutions LLP	Partial evidence	Thane, IndiaHQ checked Sep 20, 2026	11-50	36 contacts →
	Partial evidence “ValueAdd Research and Analytics Solutions (ValueAdd) is a growing research and analytics solutions provider.” Source: RevenueBase Database · checked Sep 20, 2026
25	Absolute Markets Insights	Partial evidence	Pune, IndiaHQ checked Sep 20, 2026	51-200	36 contacts →
	Partial evidence “Absolute Markets Insights is a global market research company taking into account leading businesses, colleges, universities, non-profit organizations, and government foundations.” Source: RevenueBase Database · checked Sep 20, 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: institutional research firms. 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 institutional research firms.
Partial evidence: Its own public description names part of institutional research firms, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name institutional research firms. 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 355 institutional research firms based in India

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Institutional research firms based in India at a glance

As of Sep 20, 2026

12.1%Verified-email coverage

21.7Average contacts per company

11-50Median size (employees)

15.8%Largest-city concentration · Pune

Sep 20, 2026Page data refreshed

Companies by employee count

1-10

145

11-50

124

51-200

201-500

501-1,000

1,001-5,000

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 355 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 institutional research 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 “institutional research 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 institutional research 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 institutional research 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, 932 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 20, 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.

Institutional research firms by metro

Institutional research firms in Pune56
Institutional research firms in Mumbai44
Institutional research firms in New Delhi31

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 institutional research 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 institutional research firms are there based in India?

RevenueBase identified 355 institutional research 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?

GD Research Center Pvt. LTD, headquartered in Hyderabad, tops this list with the largest team on record.

Which city has the most institutional research firms?

Pune leads with 56 headquartered companies, followed by Mumbai (44) and New Delhi (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 932 verified decision-maker contacts tracked across these 355 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 20, 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.