Company lists · Data refreshed September 2026

Top 25 Mid-market investment banks based in India

Name: Mid-market investment banks based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 17, 2026 748 companies tracked

RevenueBase identified 748 mid-market investment banks headquartered in India as of September 2026 and tracks 11,536 professional contacts across them, including 2,976 with verified work emails. Mumbai is the largest hub.

This list covers mid-market investment banks 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 17, 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 17, 2026 86% judged on-target in blind review

748Companies

11,536Contacts tracked

2,976Verified emails

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The 25 largest mid-market investment banks based in India

Ranked by team size

Top 25 of 748 mid-market investment banks based in India, ranked by team size, largest first. Data refreshed Sep 17, 2026. RevenueBase Smart Search rates how each company's information relates to mid-market 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.
#	Company	RevenueBase Smart Search	Headquarters	Employees	Contacts
1	SBI Capital Markets	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	201-500	931 contacts →
	Partial evidence “SBI Capital Markets Limited (SBICAPS) is registered with SEBI as a Category I Merchant Banker (Registration No.” Source: RevenueBase Database · checked Sep 17, 2026
2	Idbi Capital Markets & Securities LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	501-1,000	784 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 17, 2026
3	NJ Indiainvest Private Limited	Partial evidence	Surat, IndiaHQ checked Sep 17, 2026	501-1,000	675 contacts →
	Partial evidence “NJ IndiaInvest Private Limited is an investment banking company based out of 901, NJ CentreUdna Udyog Nagar, Sangh Sahkari ComplexCentral Road No.” Source: RevenueBase Database · checked Sep 17, 2026
4	Avendus	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	501-1,000	606 contacts →
	Indirect evidence “Founded in Avendus partners with high-performing entrepreneurs, institutions, and wealth creators to discover potential and shape success at every stage of their journey.” Source: RevenueBase Database · checked Sep 17, 2026
5	SPA Capital Services LTD	Indirect evidence	New Delhi, IndiaHQ checked Sep 17, 2026	201-500	408 contacts →
	Indirect evidence “Founded in 1995, SPA Group has positioned itself as one of India’s leading financial advisory firms.” Source: RevenueBase Database · checked Sep 17, 2026
6	ENAM	Strong evidence	Mumbai, IndiaHQ checked Sep 17, 2026	201-500	339 contacts →
	Strong evidence “ENAM is one of India's leading investment banks.” Source: RevenueBase Database · checked Sep 17, 2026
7	Resurgent India Limited	Indirect evidence	Gurgaon, IndiaHQ checked Sep 17, 2026	201-500	311 contacts →
	Indirect evidence “Resurgent is a top-tier financial advisory firm for SMEs and large corporates in India.” Source: RevenueBase Database · checked Sep 17, 2026
8	Kotak Investment Banking	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	288 contacts →
	Partial evidence “Incorporated in 1991, Kotak Investment Banking is a leading full-service investment bank in India offering integrated solutions encompassing high-quality financial advisory…” Source: RevenueBase Database · checked Sep 17, 2026
9	Rbsa Advisors	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	201-500	246 contacts →
	Partial evidence “RBSA Advisors, formed in 1971, is a Leading independent Transaction Advisory firm that provides Valuation, Investment Banking, Restructuring, Due Diligence, Transaction Tax, Risk…” Source: RevenueBase Database · checked Sep 17, 2026
10	Equirus	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	501-1,000	245 contacts →
	Partial evidence “Founded in 2007, Equirus Group is a leading full-service financial services firm offering expertise across Investment Banking, Institutional Equities, Asset Management, Capital…” Source: RevenueBase Database · checked Sep 17, 2026
11	Opulence Business Solutions PVT LTD	Partial evidence	Ahmedabad, IndiaHQ checked Sep 17, 2026	51-200	138 contacts →
	Partial evidence “Opulence Business solutions is an integrated one stop consulting firm engaged in Investment banking and Strategic management consulting.” Source: RevenueBase Database · checked Sep 17, 2026
12	Allegro Capital Advisors	Partial evidence	Bangalore, IndiaHQ checked Sep 17, 2026	201-500	110 contacts →
	Partial evidence “Allegro Capital is a comprehensive Investment Bank that comes with years of expertise in offering financial solutions and advisory services across the corporate world.” Source: RevenueBase Database · checked Sep 17, 2026
13	O3 Capital	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	100 contacts →
	Partial evidence “SEBI registered Category I Investment Bank • SEBI registered Portfolio Manager • Offices in Mumbai, Bangalore and Singapore • Offers Corporate Finance (M&A Advisory & Capital…” Source: RevenueBase Database · checked Sep 17, 2026
14	Singhi Advisors	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	94 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 17, 2026
15	Upwisery	Indirect evidence	Hyderabad, IndiaHQ checked Sep 17, 2026	11-50	85 contacts →
	Indirect evidence “Established in 2014, Upwisery is a multi-disciplinary professional advisory and financial services firm.” Source: RevenueBase Database · checked Sep 17, 2026
16	Capwise Financial Services Private Limited	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	83 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 17, 2026
17	Unified Vision Capital Pvt. LTD	Indirect evidence	New Delhi, IndiaHQ checked Sep 17, 2026	51-200	82 contacts →
	Indirect evidence “A global Financial Service Company head quartered in New Delhi, India.” Source: RevenueBase Database · checked Sep 17, 2026
18	MHP Fintech Services PVT LTD	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	201-500	82 contacts →
	Partial evidence “Boutique Investment Bank advisory firm with an outstanding track record promoted by Mr.” Source: RevenueBase Database · checked Sep 17, 2026
19	American Tower Corporation ATC India	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	201-500	76 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 17, 2026
20	Keynote India	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	72 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 17, 2026
21	Nucleus Advisors	Partial evidence	Gurugram, IndiaHQ checked Sep 17, 2026	51-200	67 contacts →
	Partial evidence “Nucleus Advisors is an Investment Banking and Risk Advisory Firm.” Source: RevenueBase Database · checked Sep 17, 2026
22	Indigoedge	Partial evidence	Bengaluru, IndiaHQ checked Sep 17, 2026	11-50	66 contacts →
	Partial 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 17, 2026
23	Growthally Advisors Private Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	63 contacts →
	Indirect evidence “Strategic Financial Advisors \| 15+ Years of Expertise \| Corporates Empowered At Growthally, we don’t just offer advice - we partner with businesses to unlock real growth.” Source: RevenueBase Database · checked Sep 17, 2026
24	Goldrush Capital Services Pvt. LTD	Indirect evidence	New Delhi, IndiaHQ checked Sep 17, 2026	51-200	60 contacts →
	Indirect evidence “Goldrush Capital Services Pvt.” Source: RevenueBase Database · checked Sep 17, 2026
25	A.K. Group	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	201-500	60 contacts →
	Indirect evidence “A.K.” Source: RevenueBase Database · checked Sep 17, 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: mid-market investment banks. 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 mid-market investment banks.
Partial evidence: Its own public description names part of mid-market investment banks, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name mid-market investment banks. 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 748 mid-market investment banks based in India

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Mid-market investment banks based in India at a glance

As of Sep 17, 2026

25.8%Verified-email coverage

15.4Average contacts per company

1-10Median size (employees)

32.1%Largest-city concentration · Mumbai

Sep 17, 2026Page data refreshed

Companies by employee count

1-10

378

11-50

290

51-200

201-500

501-1,000

1,001-5,000

5,001-10,000

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 748 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 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 India whose own description of what they do matches “mid-market 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 mid-market 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 mid-market investment banks, 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, 2,976 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 17, 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 investment banks by metro

Mid-market investment banks in Mumbai240
Mid-market investment banks in New Delhi75
Mid-market investment banks in Chennai30
Mid-market investment banks in Ahmedabad28
Mid-market investment banks in Pune28
Mid-market investment banks in Bengaluru26
Mid-market investment banks in Hyderabad25

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 investment banks, 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 investment banks are there based in India?

RevenueBase identified 748 mid-market investment banks 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?

SBI Capital Markets, headquartered in Mumbai, tops this list with the largest team on record.

Which city has the most mid-market investment banks?

Mumbai leads with 240 headquartered companies, followed by New Delhi (75) and Chennai (30).

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 2,976 verified decision-maker contacts tracked across these 748 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 17, 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.