When was Nuvama founded?

Nuvama was founded in 1993 and raised its 1st funding round 31 years after it was founded.

Where is Nuvama located?

Nuvama is headquartered in Mumbai, India. It is registered at 801 to 804 Wing A Building No 3, Inspire BKC G Block BKC, Bandra(East), Mumbai, Mumbai, Maharashtra, India, 400051.

Which legal entities is Nuvama associated with?

Nuvama is associated with NUVAMA WEALTH MANAGEMENT LIMITED and 5 others.

How many employees does Nuvama have?

As of Mar 31, 2025, Nuvama has 3414 employees, reflecting a 37% year-over-year growth in headcount.

Is Nuvama a funded company?

Nuvama is a funded company, having raised a total of $***** in its 1st and only funding round, a Post IPO round on Aug 02, 2024.

When was the latest funding round of Nuvama?

Nuvama's latest funding was a $***** Post IPO round on Aug 02, 2024, with participation from 0 investor. Its primary sector is Asset Management. In India, the Asset Management sector has seen $156M in funding in 2026 to date.

What is the annual revenue of Nuvama?

Annual revenue of Nuvama is more than ₹1,000 Cr as on Mar 31, 2025

Where does Nuvama rank among its competitors?

Nuvama ranks 6th amongst 1669 active competitors, of which 28 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Goldman Sachs, which secured $996K in Aug, 2024.

Who are the top competitors of Nuvama?

Nuvama's top competitors include Fidelity Investments, FIS and S&P Global. Among them, Goldman Sachs secured the most recent funding round in August, 2024.

Nuvama - 2026 Company Profile, Team, Funding, Competitors & Financials

Nuvama is a public company based in Mumbai (India), founded in 1993. It operates as a Diversified of wealth & asset management services. Nuvama has raised an undisclosed amount in funding. The company has 1669 active competitors, including 28 funded and 149 that have exited. Its top competitors include companies like Fidelity Investments, FIS and S&P Global.

Company Details

Website: www.nuvama.com/
Social
Email ID: *****@nuvama.com
Phone Number: +91 **********
Registered Address: 801 to 804 Wing A Building No 3, Inspire BKC G Block BKC, Bandra(East), Mumbai, Mumbai, Maharashtra, India, 400051

Key Metrics

Founded Year

1993

Location

Mumbai, India

Stage

Public

Latest Funding Round

Post IPO, Aug 02, 2024, $*****

Investors

Tryrock & 1 more

Ranked

6^th among 1669 active competitors

Annual Revenue

₹1,000+ Cr as on Mar 31, 2025

Employee Count

3,414 as on Mar 31, 2025

Investment & Acquisitions

Shapoorji Pallonji & 23 more

Similar Companies

Fidelity Investments & 33504 more

Exit Details

Public

View Nuvama's full profile

Nuvama is associated with 6 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
NUVAMA ASSET MANAGEMENT LIMITED CIN: U67190MH2019PLC343440 , India, Active	Oct 01, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	104 (As on May 01, 2026)
NUVAMA CUSTODIAL SERVICES LIMITED CIN: U67190MH2021PLC355152 , India, Active	Feb 12, 2021	₹100 - ₹500 Cr (As on Mar 31, 2025)	-
EDELWEISS BUSINESS SERVICES LIMITED CIN: U65990MH2005PLC154276 , India, Amalgamated	Jun 28, 2005	₹1,000+ Cr (As on Mar 31, 2024)	254 (As on Aug 31, 2024)
NUVAMA WEALTH MANAGEMENT LIMITED CIN: L67110MH1993PLC344634 , India, Active	Aug 20, 1993	₹1,000+ Cr (As on Mar 31, 2025)	303 (As on May 01, 2026)
Nuvama Wealth And Investment Limited CIN: U65100MH2008PLC425999 , India, Active	Feb 07, 2008	₹1,000+ Cr (As on Mar 31, 2025)	2347 (As on Mar 01, 2026)
NUVAMA CLEARING SERVICES LIMITED CIN: U51109MH2008PLC187594 , India, Active	Oct 16, 2008	₹1,000+ Cr (As on Mar 31, 2025)	146 (As on Mar 01, 2026)

Nuvama got listed on Sep 26, 2023.

Click here to take a look at Nuvama's IPO in detail

Nuvama has raised funding over 1 round. Nuvama has 2 institutional investors.

Here is the list of recent funding rounds of Nuvama:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 02, 2024	9890118	Post IPO	5302375	6954581	4457424	8547681

Access funding benchmarks and valuations. Sign up today!

View details of Nuvama's funding rounds and investors

Nuvama's Board of Directors

Nuvama's board has 7 active members. Ashish Kehair is part of team and Shiv Sehgal, Anisha Motwani, Birendra Kumar, Kamlesh Shivji Vikamsey, Sameer Ambarish Kaji and Aswin Vikram are independent board members.

Here is the list of Nuvama's board of directors:

Name	Type	Representing	Status	Duration
epawem{	Team	-	Current	9y 5m
Shiv Sehgal	Independent board member	-	Current	4y 6m
ixcoenn	Independent board member	-	Current	6y 2m
agpxvz{	Independent board member	-	Current	6y 3m
vfsbarl	Independent board member	-	Current	1y 8m
rxvzckf	Independent board member	-	Current	8y 3m
ifkfmre	Independent board member	-	Current	5y 1m

Nuvama's employee count trend

Nuvama has 3,414 employees as of Mar 25. The total employee count is 10.0% more than what it was in Mar 24. Here is Nuvama's employee count trend over the years:

Uncover Nuvama's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Nuvama include Fidelity Investments, FIS and S&P Global. Here is the list of Top 10 competitors of Nuvama, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fidelity Investments 1946, Boston (United States), Series F	Provider of brokerage accounts, retirement planning, wealth management, and trading platforms	$4.71B	World Capital Holdings Group, Burman Family ... & 5 others	81/100
2nd	FIS 1968, Jacksonville (United States), Acquired	Provider of software suite for banks and financial institutions	-	HP, Actua & 10 others	80/100
3rd	S&P Global 1917, New York City (United States), Public	Provider of essential intelligence and market analysis for global finance	-	Constellation Ventures, Temasek & 5 others	79/100
4th	Goldman Sachs 1869, New York City (United States), Public	Provider of investment banking asset management and financial advisory services	-	Berkshire Hathaway, Bondeinvest.com & 4 others	78/100
5th	Avendus 1999, Mumbai (India), Acquired	Corporate consultancy and advisory service provider	$178M	Gaja Capital, Fender Consultants & 27 others	77/100
6th	Nuvama 1993, Mumbai (India), Public	Diversified of wealth & asset management services	-	Tryrock, Sanaka India	75/100
7th	Neo Asset Management 2021, Mumbai (India), Series B	Provider of alternative asset management solutions focusing on credit and fixed income	$45.7M	Peak XV Partners, Morde & 5 others	72/100
8th	ESR 2006, Mumbai (India), Public	Developer & operator of logistics properties	$606M	SPDB International Holdings, Global Fund Investments ... & 19 others	71/100
9th	InCred Capital 2016, Mumbai (India), Series A	Private debt firm	$37.4M	Paragon Partners, MEMG Family Office & 58 others	69/100
10th	India Infoline 1995, Mumbai (India), Public	Traditional Broker for trading in stocks, mutual fund, and commodities	-	Fairbridge Capital, The Carlyle Group & 1 others	68/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Nuvama's competitors? Click here to see the top ones

Nuvama has made 23 investments in companies including Shapoorji Pallonji and Valmetengg. Nuvama has also acquired 1 companies including Forefront Capital Management.

Here is the list of investments & acquisitions:

Filter this list