Company lists · Data refreshed September 2026

Top 25 Minority-owned investment managers based in Mumbai, India

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

Compiled by the RevenueBase Data Team Data refreshed Sep 20, 2026 183 companies tracked

RevenueBase identified 183 minority-owned investment managers headquartered in Mumbai, India as of September 2026 and tracks 5,181 professional contacts across them, including 1,384 with verified work emails. Mumbai is the largest hub.

This list covers minority-owned investment managers 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 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

183Companies

5,181Contacts tracked

1,384Verified emails

Explore this list → Free signup · no credit card · 500 free credits

The 25 largest minority-owned investment managers based in Mumbai, India

Ranked by team size

Top 25 of 183 minority-owned investment managers based in Mumbai, 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	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
2	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
3	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
4	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
5	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
6	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
7	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
8	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
9	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
10	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
11	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
12	Fort Capital	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	34 contacts →
	Partial evidence “Fort Capital Investment Advisory Pvt.” Source: RevenueBase Database · checked Sep 20, 2026
13	OLD Bridge Capital Management PVT LTD	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	n/a	33 contacts →
	Strong evidence “Old Bridge Capital Management (OBCM) is an Investment Management Company incorporated in Dec 2015 with a focus on equities.” Source: RevenueBase Database · checked Sep 20, 2026
14	Moneyedge Financial Consultancy	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	33 contacts →
	Indirect evidence “Since our inception in 2010, we have been managing the financial portfolios of individuals and institutions.” Source: RevenueBase Database · checked Sep 20, 2026
15	Growthfiniti Wealth PVT LTD	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	23 contacts →
	Indirect evidence “GrowthFiniti Wealth Private Limited is a distinguished boutique private wealth firm that stands out for its unwavering commitment to value-centric practices and the application of…” Source: RevenueBase Database · checked Sep 20, 2026
16	Circle Wealth Advisors Private Limited	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	22 contacts →
	Indirect evidence “Welcome to Circle Wealth Advisors, where we go beyond being traditional financial advisors – we're your CFOs.” Source: RevenueBase Database · checked Sep 20, 2026
17	Karma Capital	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	20 contacts →
	Indirect evidence “Karma Capital Advisors Pvt Ltd- SEBI PMS registration no.” Source: RevenueBase Database · checked Sep 20, 2026
18	Girik Capital	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	20 contacts →
	Strong evidence “Girik Capital founded in 2009 is a boutique Investment Firm which provides Discretionary Portfolio Management Services & Alternative Investment Funds.” Source: RevenueBase Database · checked Sep 20, 2026
19	Money Mantra	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	1-10	20 contacts →
	Indirect evidence “Money Mantra offers a unique approach to helping individuals to reach financial success.” Source: RevenueBase Database · checked Sep 20, 2026
20	Prodigy Investment Management	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	18 contacts →
	Strong evidence “Founded in June 2004 with the vision of providing a growth-oriented and a process-driven approach to investment management.” Source: RevenueBase Database · checked Sep 20, 2026
21	Wealth First Advisors Pvt. LTD	Strong evidence	Mumbai, IndiaHQ checked Sep 20, 2026	51-200	17 contacts →
	Strong evidence “Wealth First is a boutique Investment Advisory firm focused on providing “Wealth Management Solutions” to High Networth Individuals, Family Offices, Corporates and Institutions.” Source: RevenueBase Database · checked Sep 20, 2026
22	RED Mammoth Ventures LLP	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	1-10	17 contacts →
	Partial evidence “Red Mammoth is a Financial Advisory with its Management having over 30 Years of Global Business Experience in Multiple Verticals of Business and Industry.” Source: RevenueBase Database · checked Sep 20, 2026
23	Meryll Lynch	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	1,001-5,000	16 contacts →
	Indirect evidence Source: RevenueBase Database · checked Sep 20, 2026
24	Fission Wealth	Partial evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	15 contacts →
	Partial evidence “Fission Wealth Private Limited is based on the ethos of creating wealth for its clients by executing investment options (aligned to life goals) in a simple and seamless manner…” Source: RevenueBase Database · checked Sep 20, 2026
25	VND Wealth	Indirect evidence	Mumbai, IndiaHQ checked Sep 20, 2026	11-50	13 contacts →
	Indirect evidence “VND Wealth Pvt Ltd started stock broking in January 2004.” 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 183 minority-owned investment managers based in Mumbai, India

See the full list, filter by size, metro and specialty, and get verified emails and direct dials for all 1,384 reachable decision-makers.

Free signup · no credit card

View the full list →

Minority-owned investment managers based in Mumbai, India at a glance

As of Sep 20, 2026

26.7%Verified-email coverage

28.3Average contacts per company

1-10Median size (employees)

100.0%Largest-city concentration · Mumbai

Sep 20, 2026Page data refreshed

Companies by employee count

1-10

103

11-50

51-200

201-500

501-1,000

1,001-5,000

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 183 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 Mumbai, 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 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, 1,384 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 in India

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 Mumbai, India?

RevenueBase identified 183 minority-owned investment managers 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?

Nippon India Mutual Fund, headquartered in 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 1,384 verified decision-maker contacts tracked across these 183 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.

Ready to reach these companies? Verified emails and direct dials for all 183 minority-owned investment managers based in Mumbai, India. Start with a free account, no credit card.

Download this list →

Related lists

Minority-owned investment managers by geography

Browse the directory

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.