Company lists · Data refreshed September 2026

Top 25 Mid-market equity firms based in India

RevenueBase identified 277 mid-market equity firms headquartered in India as of September 2026 and tracks 2,986 professional contacts across them, including 896 with verified work emails. Mumbai is the largest hub.

This list covers mid-market 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 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
277Companies
2,986Contacts tracked
896Verified emails
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The 25 largest mid-market equity firms based in India

Ranked by team size
Top 25 of 277 mid-market equity 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 mid-market 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 evidenceMumbai, IndiaHQ checked Sep 20, 202651-200154 contacts →

Partial evidence

“Analah is a premier global firm specializing in Private Equity, Startups, Real Estate, Mutual Funds, and Insurance.”

Source: RevenueBase Database · checked Sep 20, 2026
2Indirect evidenceMumbai, IndiaHQ checked Sep 20, 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 20, 2026
3Partial evidenceMumbai, IndiaHQ checked Sep 20, 202611-5073 contacts →

Partial evidence

“Kedaara Capital is an operationally oriented private equity firm pursuing control and minority investment opportunities in India.”

Source: RevenueBase Database · checked Sep 20, 2026
4Indirect evidenceBangalore, IndiaHQ checked Sep 20, 2026n/a69 contacts →

Indirect evidence

“Unique investment philosophy with focused investments in cash-generating businesses.”

Source: RevenueBase Database · checked Sep 20, 2026
5Partial evidenceMumbai, IndiaHQ checked Sep 20, 202651-20067 contacts →

Partial 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 20, 2026
6Indirect evidenceBengaluru, IndiaHQ checked Sep 20, 202611-5066 contacts →

Indirect evidence

“Founded in 2006 by alumni of the Indian Institute of Management, Lucknow, IndigoEdge is a leading Investment Bank headquartered in Bangalore, India.”

Source: RevenueBase Database · checked Sep 20, 2026
7Indirect evidenceChennai, IndiaHQ checked Sep 20, 202611-5064 contacts →

Indirect evidence

“TVS Capital Funds has been empowering nextgen entrepreneurs with management capability and capital to build companies of extraordinary value since 2007.”

Source: RevenueBase Database · checked Sep 20, 2026
8Partial evidenceMumbai, IndiaHQ checked Sep 20, 202611-5060 contacts →

Partial 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 20, 2026
9Indirect evidenceMumbai, IndiaHQ checked Sep 20, 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 20, 2026
10Strong evidenceMumbai, IndiaHQ checked Sep 20, 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 20, 2026
11Partial evidenceGurgaon, IndiaHQ checked Sep 20, 202611-5046 contacts →

Partial evidence

“Trifecta Capital is India's leading venture financing platform with products spanning growth equity, credit, & financial advisory and a combined $600mm+ AUM.”

Source: RevenueBase Database · checked Sep 20, 2026
12Indirect evidenceChennai, IndiaHQ checked Sep 20, 202611-5043 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 20, 2026
13Partial evidenceMumbai, IndiaHQ checked Sep 20, 202611-5030 contacts →

Partial 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 20, 2026
14Partial evidenceBangalore, IndiaHQ checked Sep 20, 202611-5029 contacts →

Partial evidence

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

Source: RevenueBase Database · checked Sep 20, 2026
15Partial evidenceMumbai, IndiaHQ checked Sep 20, 20261-1028 contacts →

Partial evidence

“India Alternatives Private Equity is a leading domestic private equity fund founded by Ms.”

Source: RevenueBase Database · checked Sep 20, 2026
16Indirect evidenceMumbai, IndiaHQ checked Sep 20, 202651-20027 contacts →

Indirect evidence

“Piramal Alternatives is the fiduciary/fund management business of the Piramal Group; a strong local sponsor group with a leadership position across all the businesses it operates…”

Source: RevenueBase Database · checked Sep 20, 2026
17Strong evidenceMumbai, IndiaHQ checked Sep 20, 202611-5027 contacts →

Strong evidence

“Cipher-Plexus is a vibrant mid-market boutique Investment Bank headquartered in Mumbai, India focussed on advisory services in Private Equity, Mergers & Acquisitions and Special…”

Source: RevenueBase Database · checked Sep 20, 2026
18Partial evidenceSurat, IndiaHQ checked Sep 20, 202611-5027 contacts →

Partial evidence

“Portfolio Management Services (PMS)| Alternate Investment Fund (AIF)| Startup Venture Captial | Private Equity | Investment Banking | Real Estate Fund | Global Funds”

Source: RevenueBase Database · checked Sep 20, 2026
19Indirect evidenceMumbai, IndiaHQ checked Sep 20, 202611-5026 contacts →

Indirect evidence

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

Source: RevenueBase Database · checked Sep 20, 2026
20Indirect evidenceMumbai, IndiaHQ checked Sep 20, 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 20, 2026
21Partial evidenceMumbai, IndiaHQ checked Sep 20, 20261-1022 contacts →

Partial evidence

“India SME Investments is a private equity fund which focuses on investing in early-growth, small and medium-sized companies primarily based out of/operating in Tier 2/3 centers in…”

Source: RevenueBase Database · checked Sep 20, 2026
22Partial evidenceMumbai, IndiaHQ checked Sep 20, 202611-5021 contacts →

Partial evidence

“Nine Rivers Capital is an India-centric Asset Management & Corporate Advisory firm focused on middle market opportunities.”

Source: RevenueBase Database · checked Sep 20, 2026
23Indirect evidenceMumbai, IndiaHQ checked Sep 20, 20261-1021 contacts →

Indirect evidence

“Tracing its legacy to 1984, Enam Holdings is a privately owned and managed firm that makes long-term investments in listed companies, as well as backs entrepreneurs building…”

Source: RevenueBase Database · checked Sep 20, 2026
24Partial evidenceMumbai, IndiaHQ checked Sep 20, 202611-5021 contacts →

Partial 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 20, 2026
25Indirect evidenceMumbai, IndiaHQ checked Sep 20, 20261-1021 contacts →

Indirect evidence

“Ananta Capital is an investment management platform focused on partnering with businesses for the long-term.”

Source: RevenueBase Database · checked Sep 20, 2026

Showing 25 of 277 mid-market equity firms based in India

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 896 reachable decision-makers.

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Mid-market equity firms based in India at a glance

As of Sep 20, 2026
30.0%Verified-email coverage
10.8Average contacts per company
1-10Median size (employees)
37.2%Largest-city concentration · Mumbai
Sep 20, 2026Page data refreshed

Companies by employee count

1-10
142
11-50
112
51-200
16
201-500
4
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 277 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 mid-market 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 “mid-market 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 mid-market 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 mid-market 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, 896 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.

Mid-market equity firms by metro

  • Mid-market equity firms in Mumbai103

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 mid-market 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 mid-market equity firms are there based in India?

RevenueBase identified 277 mid-market 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?

Analah, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most mid-market equity firms?

Mumbai leads with 103 headquartered companies, followed by New Delhi (23) and Bangalore (15).

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 896 verified decision-maker contacts tracked across these 277 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.