Company lists · Data refreshed September 2026

Top 25 Minority-owned investment managers based in India

Name: Minority-owned investment managers based in India
Creator: RevenueBase
License: https://creativecommons.org/licenses/by/4.0/

Compiled by the RevenueBase Data Team Data refreshed Sep 20, 2026 1,266 companies tracked

RevenueBase identified 1,266 minority-owned investment managers headquartered in India as of September 2026 and tracks 17,771 professional contacts across them, including 2,855 with verified work emails. Mumbai is the largest hub.

This list covers minority-owned investment managers 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

1,266Companies

17,771Contacts tracked

2,855Verified emails

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The 25 largest minority-owned investment managers based in India

Ranked by team size

Top 25 of 1,266 minority-owned investment managers 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 minority-owned investment managers: 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	Iifl Capital Services Limited	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	1,001-5,000	1,878 contacts →
	Strong evidence “IIFL Capital is a full-service financial institution, integrating Wealth Management, Investment Banking, and Institutional Equities on a research-driven platform.” Source: RevenueBase Database · checked Sep 20, 2026
2	Nippon India Mutual Fund	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	501-1,000	1,571 contacts →
	Partial evidence “With 134 years of global expertise and over 25 years of experience in the Indian asset management space, Nippon India Mutual Fund is one of the largest asset managers in India.” Source: RevenueBase Database · checked Sep 20, 2026
3	Mastertrust	Indirect evidence	New Delhi, IndiaHQ checked Sep 20, 2026	501-1,000	831 contacts →
	Indirect evidence “mastertrust Group is one of the leading financial services company in India.” Source: RevenueBase Database · checked Sep 20, 2026
4	Dezerv	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	501-1,000	589 contacts →
	Strong evidence “Dezerv is a wealth management company that combines the expertise of seasoned investment professionals with advanced technology.” Source: RevenueBase Database · checked Sep 20, 2026
5	Nuvama Group	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	1,001-5,000	448 contacts →
	Partial evidence “Nuvama Group (formerly Edelweiss Wealth Management) is backed by the trust and reputation earned through over 25+ years in the Indian market and strengthened by a global…” Source: RevenueBase Database · checked Sep 20, 2026
6	NEO Wealth And Asset Management	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	501-1,000	406 contacts →
	Partial evidence “Neo Group is a premium, new-age wealth and asset management firm built for India's most discerning families and institutions.” Source: RevenueBase Database · checked Sep 20, 2026
7	Whiteoak Capital	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	201-500	323 contacts →
	Indirect evidence “WHO ARE WE?” Source: RevenueBase Database · checked Sep 20, 2026
8	Parag Parikh Financial Advisory Services Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	163 contacts →
	Indirect evidence “Parag Parikh Financial Advisory Services Ltd.” Source: RevenueBase Database · checked Sep 20, 2026
9	Analah	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	154 contacts →
	Indirect 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
10	Eastern Financiers LTD	Partial evidence	Kolkata, IndiaHQ checked Sep 20, 2026	201-500	128 contacts →
	Partial evidence “Eastern Financiers Limited was incorporated in the year 1967 and started its operations as the First Investment and Financial Advisors in Eastern India.” Source: RevenueBase Database · checked Sep 20, 2026
11	Equirus Wealth	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	201-500	122 contacts →
	Partial evidence “Equirus Wealth is a holistic wealth management platform founded in 2018 and ranks among India’s top 10 independent wealth-management firms, managing crore in Assets Under…” Source: RevenueBase Database · checked Sep 20, 2026
12	Buglerock Capital	Partial evidence	Bangalore, IndiaHQ checked Sep 20, 2026	51-200	82 contacts →
	Partial evidence “A premier wealth advisory and asset management firm dedicated to helping entrepreneurs navigate their financial path with confidence.” Source: RevenueBase Database · checked Sep 20, 2026
13	Multi-Act	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	73 contacts →
	Partial evidence “Multi-Act Trade & Investments was founded in 1998 with the goal of providing superior investment research services to ultra high-net-worth individuals and family offices in India.” Source: RevenueBase Database · checked Sep 20, 2026
14	Sundaram Alternates	Indirect evidence	Chennai, IndiaHQ checked Sep 20, 2026	201-500	67 contacts →
	Indirect evidence “Our clientele comprises of HNIs, family offices, domestic and international institutions.” Source: RevenueBase Database · checked Sep 20, 2026
15	Deven Choksey	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	64 contacts →
	Strong evidence “Deven Choksey is a trusted name in Wealth Management and Investment Advisory, serving individual investors, HNIs, institutions, and family offices.” Source: RevenueBase Database · checked Sep 20, 2026
16	Rurash Financials Private Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	59 contacts →
	Indirect evidence “Rurash Financial Pvt.” Source: RevenueBase Database · checked Sep 20, 2026
17	Ckredence Wealth	Partial evidence	Surat, IndiaHQ checked Sep 20, 2026	51-200	59 contacts →
	Partial evidence “From our origins as Chirag Financial Services to becoming a wealth management powerhouse with ₹1,200+ crores AUM, our journey reflects our commitment to growing alongside our…” Source: RevenueBase Database · checked Sep 20, 2026
18	Epsilon Money	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	58 contacts →
	Indirect evidence “We at Epsilon Money believe in one adage that is “Good Ethics is Good Business”.” Source: RevenueBase Database · checked Sep 20, 2026
19	Trustner	Indirect evidence	Guwahati, IndiaHQ checked Sep 20, 2026	51-200	57 contacts →
	Indirect evidence “Finedge Services is now Trustner.” Source: RevenueBase Database · checked Sep 20, 2026
20	I CAP Financial Services	Indirect evidence	Bangalore, IndiaHQ checked Sep 20, 2026	11-50	51 contacts →
	Indirect evidence “Founded with a small, dedicated team and a vision for the future, I Cap Financial Services has experienced remarkable growth over the years.” Source: RevenueBase Database · checked Sep 20, 2026
21	Renaissance Investment Managers Private Limited	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	49 contacts →
	Strong evidence “Renaissance Investment Managers is an equity-focused investment house managing client assets through Portfolio Management Services (PMS) and Alternate Investment Funds (AIFs).” Source: RevenueBase Database · checked Sep 20, 2026
22	Etica Wealth P LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	48 contacts →
	Indirect evidence “The word 'Etica' comes from a Spanish/Portuguese language, which means Ethics."Ethics before Everything' is our philosophy at work.” Source: RevenueBase Database · checked Sep 20, 2026
23	Wealth Advisors India Pvt. LTD	Indirect evidence	Chennai, IndiaHQ checked Sep 20, 2026	51-200	48 contacts →
	Indirect evidence “Wealth Advisors (India) Pvt.” Source: RevenueBase Database · checked Sep 20, 2026
24	SMC Investments And Advisors Limited	Indirect evidence	New Delhi, IndiaHQ checked Sep 20, 2026	1,001-5,000	46 contacts →
	Indirect evidence “SMC Private Wealth brings together a comprehensive knowledge base with over two decades of experience to design customized solutions.” Source: RevenueBase Database · checked Sep 20, 2026
25	Enam Asset Management Company Private Limited	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	45 contacts →
	Partial evidence “Enam Asset Management Company Private Limited (Enam AMC) is one of India’s premier choice for long-term wealth creation in India’s equity market.” 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: minority-owned investment managers. 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 minority-owned investment managers.
Partial evidence: Its own public description names part of minority-owned investment managers, so it works in or next to the category without describing itself that way.
Indirect evidence: The description shown does not name minority-owned investment managers. 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 1,266 minority-owned investment managers based in India

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Minority-owned investment managers based in India at a glance

As of Sep 20, 2026

16.1%Verified-email coverage

14.0Average contacts per company

1-10Median size (employees)

14.5%Largest-city concentration · Mumbai

Sep 20, 2026Page data refreshed

Companies by employee count

1-10

784

11-50

360

51-200

201-500

501-1,000

1,001-5,000

5,001-10,000

10001+

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 1,266 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 minority-owned investment managers, 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 “minority-owned investment managers”. 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 minority-owned investment managers), 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 minority-owned investment managers, 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, 2,855 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.

Minority-owned investment managers by metro

Minority-owned investment managers in Mumbai183
Minority-owned investment managers in Pune90
Minority-owned investment managers in New Delhi72
Minority-owned investment managers in Bangalore64
Minority-owned investment managers in Ahmedabad52
Minority-owned investment managers in Kolkata51
Minority-owned investment managers in Bengaluru42
Minority-owned investment managers in Chennai37
Minority-owned investment managers in Noida36
Minority-owned investment managers in Delhi34
Minority-owned investment managers in Hyderabad32
Minority-owned investment managers in Jaipur25
Minority-owned investment managers in Thane25

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 minority-owned investment managers, 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 minority-owned investment managers are there based in India?

RevenueBase identified 1,266 minority-owned investment managers 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?

Iifl Capital Services Limited, headquartered in Andheri East Mumbai, tops this list with the largest team on record.

Which city has the most minority-owned investment managers?

Mumbai leads with 183 headquartered companies, followed by Pune (90) and New Delhi (72).

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 2,855 verified decision-maker contacts tracked across these 1,266 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.