Company lists · Data refreshed September 2026

Top 25 Mid-market investment banks based in Mumbai, India

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

Compiled by the RevenueBase Data Team Data refreshed Sep 17, 2026 240 companies tracked

RevenueBase identified 240 mid-market investment banks headquartered in Mumbai, India as of September 2026 and tracks 4,130 professional contacts across them, including 906 with verified work emails. Mumbai is the largest hub.

This list covers mid-market investment banks headquartered in Mumbai, 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

240Companies

4,130Contacts tracked

906Verified emails

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The 25 largest mid-market investment banks based in Mumbai, India

Ranked by team size

Top 25 of 240 mid-market investment banks based in Mumbai, 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	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
4	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
5	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
6	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
7	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
8	Aryaman Financial Services Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	44 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 17, 2026
9	Kennis	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	43 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 17, 2026
10	Mango Advisors	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	39 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 17, 2026
11	J.R. Laddha Financial Services Pvt. LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	33 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 17, 2026
12	Avener Capital	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	32 contacts →
	Indirect evidence “Avener Capital began its journey in 2018 as an avant-garde financial advisory firm and business accelerator.” Source: RevenueBase Database · checked Sep 17, 2026
13	Kanchansobha Finance	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	29 contacts →
	Partial evidence “Kanchansobha offers a complete suite of investment banking solutions to its clients.” Source: RevenueBase Database · checked Sep 17, 2026
14	Proficio Advisors	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	27 contacts →
	Partial evidence “Proficio is one of foremost Mumbai based transaction focussed Investment bank since 2010.” Source: RevenueBase Database · checked Sep 17, 2026
15	Inga Ventures	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	26 contacts →
	Partial evidence “Inga Ventures is a boutique investment banking firm that offers financial and strategic advisory services.” Source: RevenueBase Database · checked Sep 17, 2026
16	Nuvama Investment Banking And Advisory	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	26 contacts →
	Indirect evidence “We are a leading advisor to corporations, entrepreneurs and investors, offering integrated solutions encompassing high-quality financial advisory services and financing solutions.” Source: RevenueBase Database · checked Sep 17, 2026
17	ITI Capital Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	25 contacts →
	Indirect evidence “An advisory boutique with a Category I Merchant Banking License, which focuses on Fund Raising, Corporate Advisory and Mergers & Acquisitions.” Source: RevenueBase Database · checked Sep 17, 2026
18	Arpwood Capital	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	24 contacts →
	Indirect evidence “Founded in 2013, Arpwood Capital is a strong confluence of relationships, technical expertise and deal-making grounded in the belief that clients are best served by an advisory…” Source: RevenueBase Database · checked Sep 17, 2026
19	Aarayaa - CFI India	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	23 contacts →
	Partial evidence “Established in 2004, Aarayaa is an Investment Bank focused on Mergers & Acquisitions, Private Equity, Corporate Finance, Restructuring of Companies, Valuations, International Tax…” Source: RevenueBase Database · checked Sep 17, 2026
20	Kreo Capital Private Limited	Strong evidence	Mumbai, IndiaHQ checked Sep 17, 2026	1-10	22 contacts →
	Strong evidence “Kreo Capital is a boutique financial service company with Mid Market focus offering integrated financial advice and services.” Source: RevenueBase Database · checked Sep 17, 2026
21	Montage Capital Markets LTD	Strong evidence	Mumbai, IndiaHQ checked Sep 17, 2026	51-200	22 contacts →
	Strong evidence “Montage Capital Markets Ltd.(MCML) established in 1993 and taken by Shri Rajesh Shukla (MBA from Delhi School of Economics and MCA specialized in Financial Investments in…” Source: RevenueBase Database · checked Sep 17, 2026
22	Credent Global Finance	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	21 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 17, 2026
23	Ladderup Finance LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	21 contacts →
	Indirect evidence “Established by a team of Committed Professionals, we are well established one stop financial solution house.” Source: RevenueBase Database · checked Sep 17, 2026
24	Lakhani Financial Serrvice	Partial evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	20 contacts →
	Partial evidence “Lakhani Financial Services (LFS) is a boutique Investment Banking firm which specializes in helping early stage startup raise funds from our network of investors.” Source: RevenueBase Database · checked Sep 17, 2026
25	Artoval Advisors	Indirect evidence	Mumbai, IndiaHQ checked Sep 17, 2026	11-50	19 contacts →
	Indirect evidence “Artoval comes from “Art-O-Val” which stands for “Art of Valuation” Established in 2022, our boutique financial advisory firm is a strategic partner to clients in 20+ countries.” 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 240 mid-market investment banks based in Mumbai, India

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Mid-market investment banks based in Mumbai, India at a glance

As of Sep 17, 2026

21.9%Verified-email coverage

17.2Average contacts per company

1-10Median size (employees)

100.0%Largest-city concentration · Mumbai

Sep 17, 2026Page data refreshed

Companies by employee count

1-10

125

11-50

51-200

201-500

501-1,000

5,001-10,000

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 240 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 Mumbai, 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 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, 906 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 in India

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 Mumbai, India?

RevenueBase identified 240 mid-market investment banks headquartered in Mumbai, 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 906 verified decision-maker contacts tracked across these 240 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.