Company lists · Data refreshed September 2026

Top 25 Investment banks based in Mumbai, India

This directory lists 255 investment banks based in Mumbai, India and includes 11,159 contacts with 1,432 email addresses. The list was last updated in September 2026; Mumbai is the single most-represented city among the companies listed.

Investment banks advise companies, governments, and other institutions on capital raising, mergers and acquisitions, securities underwriting, and related financial transactions. This list covers companies that provide investment banking services, including corporate finance advice, securities underwriting, mergers and acquisitions advice, or related transaction services. Ranked by team size, largest first. Data current as of September 15, 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 15, 2026 86% judged on-target in blind review
255Companies
11,159Contacts tracked
1,432Verified emails
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The 25 largest investment banks based in Mumbai, India

Ranked by team size
Top 25 of 255 investment banks based in Mumbai, India, ranked by team size, largest first. Data refreshed Sep 15, 2026. RevenueBase Smart Search rates how each company's information relates to investment banks: 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 evidenceMumbai, IndiaHQ checked Sep 15, 2026201-500974 contacts →

Partial evidence

“Arihant Capital Markets Limited is a public limited company incorporated in 1992, with a mission to make every Indian financially independent by offering suitable investment…”

Source: RevenueBase Database · checked Sep 15, 2026
2Indirect evidenceMumbai, IndiaHQ checked Sep 15, 2026201-500931 contacts →

Indirect evidence

“SBI Capital Markets Limited (SBICAPS) is registered with SEBI as a Category I Merchant Banker (Registration No.”

Source: RevenueBase Database · checked Sep 15, 2026
3Indirect evidenceMumbai, IndiaHQ checked Sep 15, 2026501-1,000784 contacts →

Indirect evidence

“SEBI Reg No:NSE (CM, F&O) & BSE No:0893 | DP ID: IN300-079/450 | NSE Member No- 07066 | BSE Clg.”

Source: RevenueBase Database · checked Sep 15, 2026
4Partial evidenceMumbai, IndiaHQ checked Sep 15, 2026201-500557 contacts →

Partial evidence

“TRUST Group is India’s leading institutionalized multi-line and multi-asset financial services platform ranging across investment banking solutions, capital market services…”

Source: RevenueBase Database · checked Sep 15, 2026
5Indirect evidenceMumbai, IndiaHQ checked Sep 15, 2026201-500415 contacts →

Indirect evidence

“Established in 1982 as a Proprietary Concern with focus on underwriting and marketing IPOs.”

Source: RevenueBase Database · checked Sep 15, 2026
6Strong evidenceMumbai, IndiaHQ checked Sep 15, 2026201-500339 contacts →

Strong evidence

“ENAM is one of India's leading investment banks.”

Source: RevenueBase Database · checked Sep 15, 2026
7Partial evidenceMumbai, IndiaHQ checked Sep 15, 202651-200126 contacts →

Partial evidence

“Blend Financial Services Limited, founded in 1997, is a globally renowned Investment Banking Advisory with 300+ clients in over 110 countries.”

Source: RevenueBase Database · checked Sep 15, 2026
8Partial evidenceMumbai, IndiaHQ checked Sep 15, 2026201-500117 contacts →

Partial evidence

“Pioneer Investcorp (PINC) is one of India’s leading investment Bankers and Institutional Brokers.”

Source: RevenueBase Database · checked Sep 15, 2026
9Partial evidenceMumbai, IndiaHQ checked Sep 15, 202651-20094 contacts →

Partial 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 15, 2026
10Partial evidenceMumbai, IndiaHQ checked Sep 15, 202651-20083 contacts →

Partial evidence

“Capwise Group comprises Capwise Financial Services Private Limited (Investment Banking & Advisory), Capwise Finance Private Limited (RBI-registered NBFC), Capwise Wealth…”

Source: RevenueBase Database · checked Sep 15, 2026
11Partial evidenceMumbai, IndiaHQ checked Sep 15, 202651-20072 contacts →

Partial 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 15, 2026
12Indirect evidenceMumbai, IndiaHQ checked Sep 15, 2026201-50060 contacts →

Indirect evidence

“A.K.”

Source: RevenueBase Database · checked Sep 15, 2026
13Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202611-5052 contacts →

Indirect evidence

“Smart Horizon is a SEBI Registered Category I Merchant Banker based in Mumbai.”

Source: RevenueBase Database · checked Sep 15, 2026
14Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202611-5044 contacts →

Indirect evidence

“Aryaman Financial Services Limited is a SEBI registered Category I Merchant Banker involved in the business of Lead Management and Syndication of Small and Medium Sized (Rs.”

Source: RevenueBase Database · checked Sep 15, 2026
15Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202651-20043 contacts →

Indirect evidence

Source: RevenueBase Database · checked Sep 15, 2026
16Partial evidenceMumbai, IndiaHQ checked Sep 15, 202651-20043 contacts →

Partial evidence

“Alongside the fast-paced growth of India as an emerging economic superpower, Kennis has strongly emerged as an independent Investment Banking and Financial Services Group with a…”

Source: RevenueBase Database · checked Sep 15, 2026
17Partial evidenceMumbai, IndiaHQ checked Sep 15, 202651-20039 contacts →

Partial evidence

“Mango Advisors is an investment banking firm providing a wide range of financial services, focused on the real estate sector.”

Source: RevenueBase Database · checked Sep 15, 2026
18Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202651-20039 contacts →

Indirect evidence

“About Equity, Derivative, Commodity, Currency Broking.”

Source: RevenueBase Database · checked Sep 15, 2026
19Partial evidenceMumbai, IndiaHQ checked Sep 15, 202611-5036 contacts →

Partial evidence

“Unistone Capital Private Limited, a SEBI registered Merchant Banker, specializes in Investment Banking activities including Lead Management, Fund Raising, and Corporate Advisory…”

Source: RevenueBase Database · checked Sep 15, 2026
20Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202651-20033 contacts →

Indirect evidence

“The JRLaddha Group is a leading provider of Financial & Corporate Advisory Services with offices in Mumbai, Kolkata, and Banglore.”

Source: RevenueBase Database · checked Sep 15, 2026
21Partial evidenceMumbai, IndiaHQ checked Sep 15, 202611-5029 contacts →

Partial evidence

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

Source: RevenueBase Database · checked Sep 15, 2026
22Indirect evidenceMumbai, IndiaHQ checked Sep 15, 202651-20028 contacts →

Indirect evidence

“Crest Finserv Limited (CFL) formerly known as Tullett Prebon (India) Limited is an inter-dealer broker primarily operating in the Wholesale Debt Markets, Foreign Exchange Markets…”

Source: RevenueBase Database · checked Sep 15, 2026
23Partial evidenceMumbai, IndiaHQ checked Sep 15, 202611-5027 contacts →

Partial evidence

“Proficio is one of foremost Mumbai based transaction focussed Investment bank since 2010.”

Source: RevenueBase Database · checked Sep 15, 2026
24Partial evidenceMumbai, IndiaHQ checked Sep 15, 202611-5026 contacts →

Partial evidence

“Earlyseed Ventures is a boutique investment bank that provides all-round consulting services for early-stage startups and growth companies.”

Source: RevenueBase Database · checked Sep 15, 2026
25Partial evidenceMumbai, IndiaHQ checked Sep 15, 202611-5026 contacts →

Partial evidence

“Inga Ventures is a boutique investment banking firm that offers financial and strategic advisory services.”

Source: RevenueBase Database · checked Sep 15, 2026

Showing 25 of 255 investment banks based in Mumbai, India

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 1,432 reachable decision-makers.

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Investment banks based in Mumbai, India at a glance

As of Sep 15, 2026
12.8%Verified-email coverage
43.8Average contacts per company
11-50Median size (employees)
100.0%Largest-city concentration · Mumbai
Sep 15, 2026Page data refreshed

Companies by employee count

1-10
107
11-50
96
51-200
29
201-500
17
501-1,000
1
1,001-5,000
2
5,001-10,000
2

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 255 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 investment banks, 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 “investment banks”. 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 investment banks), 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 investment banks, 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, 1,432 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 15, 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.

Investment banks by metro in India

Frequently asked

How many investment banks are based in Mumbai, India?

255 investment banks are listed for Mumbai.

Which city has the most investment banks based in Mumbai, India?

Mumbai is the single most-represented city among the companies on this list.

How can I find contacts at investment banks based in Mumbai, India?

The directory includes 11,159 contacts and 1,432 email addresses for investment banks based in Mumbai, India.

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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.