Company lists · Data refreshed September 2026

Top 25 Upper middle market private equity firms based in India

RevenueBase identified 145 company matches for upper middle market private equity firms associated with India as of September 2026 and tracks 1,457 professional contacts across them, including 623 with verified work emails. Mumbai is the largest hub.

This list covers company matches for upper middle market private equity firms associated with India, found by RevenueBase SmartSearch using the meaning of business descriptions in its company graph at Exact. Ranked by professionals tracked, largest first. Rows show recorded descriptions where available, Exact search membership and the snapshot date. Data refreshed September 21, 2026.

Published by RevenueBase, a B2B data infrastructure company. This list was built with RevenueBase SmartSearch, 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 RevenueBase SmartSearch · Exact Recorded Sep 21, 2026 How this list was built
145Companies
1,457Contacts tracked
623Verified emails
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The 25 largest upper middle market private equity firms based in India

Ranked by team size
Top 25 of 145 company matches for upper middle market private equity firms based in India, ordered by professional contacts tracked in RevenueBase, largest first. Recorded Sep 21, 2026. The RevenueBase SmartSearch column shows Exact match membership in this saved search. Click a contact count to view that company's people. Totals use company locations recorded by RevenueBase; the displayed preview is a smaller selection.
#CompanyRevenueBase SmartSearchHeadquartersEmployeesContacts
1Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5087 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
2Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5073 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
3Exact matchBangalore, IndiaHQ recorded Sep 21, 2026n/a69 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
4Exact matchMumbai, IndiaHQ recorded Sep 21, 202651-20067 contacts →

Exact match

“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.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
5Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5060 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
6Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5060 contacts →

Exact match

“Samara Capital is an Investment firm with a business owner mindset having differentiated investing and operating capabilities.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
7Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5050 contacts →

Exact match

“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.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
8Exact matchGurgaon, IndiaHQ recorded Sep 21, 202611-5046 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
9Exact matchChennai, IndiaHQ recorded Sep 21, 202611-5043 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
10Exact matchKolkata, IndiaHQ recorded Sep 21, 202611-5031 contacts →

Exact match

“Ratnabali Investment Pvt Ltd is the flagship financial services arm of the Ratnabali Group.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
11Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5030 contacts →

Exact match

“Carpediem Capital is a Private Equity firm focused on the India consumption opportunity through investments in emerging SME leaders.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
12Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5027 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
13Exact matchGurgaon, IndiaHQ recorded Sep 21, 202611-5027 contacts →

Exact match

“UTI Alternatives, a subsidiary of UTI Mutual Fund, has managed its AIF business since 2017.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
14Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5023 contacts →

Exact match

“Convergent is an investment partnership at the forefront of bringing together Ideas, Capital and passionate Entrepreneurs.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
15Exact matchMumbai, IndiaHQ recorded Sep 21, 20261-1022 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
16Exact matchMumbai, IndiaHQ recorded Sep 21, 20261-1021 contacts →

Exact match

“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…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
17Exact matchMumbai, IndiaHQ recorded Sep 21, 20261-1021 contacts →

Exact match

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

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
18Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5019 contacts →

Exact match

“A91 Partners is a growth equity fund based out of Mumbai”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
19Exact matchNew Delhi, IndiaHQ recorded Sep 21, 202611-5017 contacts →

Exact match

“As an investment team with a rich background in operations and management we understand that the promoter needs to go beyond just growth capital.Our active involvement, by way of…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
20Exact matchMumbai, IndiaHQ recorded Sep 21, 20261-1016 contacts →

Exact match

“Jashvik Capital is a Healthcare & Consumer sector focused investment firm.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
21Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5016 contacts →

Exact match

“Private equity firm focusing on the mid-market growth segment in India.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
22Exact matchBangalore, IndiaHQ recorded Sep 21, 202611-5015 contacts →

Exact match

“At Beyond Venture Partners, we partner with visionary founders and businesses, helping them secure the financial resources needed to scale, innovate, and redefine industries.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
23Exact matchBangalore, IndiaHQ recorded Sep 21, 202611-5015 contacts →

Exact match

“We are a mid-market investment banking firm based in USA, Singapore and India with a specific focus on the Technology segment where we handle both buy and sell-side mandates.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
24Exact matchDelhi, IndiaHQ recorded Sep 21, 202611-5015 contacts →

Exact match

“At Cosmos Financial Group, our vision is to outclass leading global Investment banks through our core competence of identifying worthy from the cosmos of business opportunities…”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase
25Exact matchMumbai, IndiaHQ recorded Sep 21, 202611-5014 contacts →

Exact match

“Neomile Capital refers to Neomile Group, a diversified financial services group founded by Mr.”

Recorded in the RevenueBase company graph · Sep 21, 2026 · View company records in RevenueBase

Showing 25 of 145 upper middle market private equity firms based in India

See the full list, filter by size, metro and specialty, and access 623 tracked professional contacts with verified work emails. Direct dials are available where recorded.

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Upper middle market private equity firms based in India at a glance

As of Sep 21, 2026
42.8%Verified-email coverage
10.0Average contacts per company
11-50Median size (employees)
36.6%Largest-city concentration · Mumbai
Sep 21, 2026Page data refreshed

Companies by employee count

1-10
67
11-50
63
51-200
12
201-500
3

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 145 companies.

How this list was built

The recorded descriptions help you assess these company matches. Check a company’s website for its current services and locations.

Source
The RevenueBase company graph: 60 million companies and 398.9 million professional contacts resolved from primary sources, queried with RevenueBase SmartSearch, the natural-language company search available to every RevenueBase user.
What qualifies
Company records associated with India whose business descriptions match “upper middle market private equity firms” by meaning at the Exact setting. Descriptions are compiled in the RevenueBase company graph from public websites, profiles and company information where available; they are not guaranteed quotations from the company's website.
RevenueBase SmartSearch
Describe a niche company in your own words to find businesses by meaning. Exact, Similar, Related and Broad control the breadth of RevenueBase SmartSearch. This saved list uses Exact. Each row's Exact match badge shows inclusion in that search, not an individual score or a service-quality judgment.
Public preview
The public preview omits records without a verified work email. Where headquarters information is recorded, preview rows are also filtered to this page’s location. Dataset totals and geographic summaries describe the full matched records before these preview filters.
Match quality
RevenueBase's August 25, 2026 study assessed 4,198 description/company pairs across matching settings. The publisher reports 86% good or better at Exact. This evaluates the method across queries; it does not audit this individual list. Recorded company descriptions, where available, help you judge each match yourself. Read the full methodology: how the lists are built and what the study measures.
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 displayed company carries at least one verified work email. RevenueBase tracks 623 professional contacts with verified work emails across the full matched dataset. 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 21, 2026. Lists refresh periodically as the graph is re-checked.
Record context
Company records and descriptions can change. Check the company's website for its current services and locations.

Frequently asked

What is RevenueBase SmartSearch?

RevenueBase SmartSearch finds niche companies by the meaning of their business descriptions in the RevenueBase company graph. Exact, Similar, Related and Broad control how closely companies must fit your description. This list uses Exact for “upper middle market private equity firms”; each Exact match badge shows search membership, not an individual similarity or quality score.

How many upper middle market private equity firms are there based in India?

RevenueBase identified 145 company matches for upper middle market private equity firms associated with India as of September 2026, using the meaning of business descriptions at Exact. This is the recorded matched set in the RevenueBase company graph.

What is the largest company on this list?

Multiples Alternate Asset Management tops the displayed preview by professional contacts tracked in RevenueBase. Recorded headquarters appear in the company rows.

Which city has the most upper middle market private equity firms?

Mumbai leads with 53 company records, followed by Bangalore (14) and Gurgaon (9).

How do I get contact information for these companies?

A free RevenueBase account lets you run this exact search and work limited free results with 500 credits to start. Upgrading provides access to the 623 professional contacts with verified work emails tracked across these 145 companies; direct dials are available where recorded.

How current is this list?

The list refreshes periodically as the company graph is re-checked. This page's figures were pulled on September 21, 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 SmartSearch, 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.