About Arete Capital
Arete Capital is a Financial Services company based in Mumbai (India) founded in 2000, and was acquired by Choice in February 2025. Investment advisory and retirement fund solutions are provided. The company has 13 employees. Its chief executive, as recorded, is Dheeraj Gaur. Its Indian entity Arete Capital Service Private Limited reported revenue of βΉ13.48 Cr. Arete Capital offers products and services including Financial Products & Investment Solutions, Retirement Funds Solutions, Fund Raising, and Independent Valuation Services. Its focus areas include Asset Management and Diversified. Its competitors include UTI Mutual Fund, 360 One and Sundaram Finance; 1 of its 3 listed competitors has raised funding.
Company details
Arete Capital was established in 2000 in Mumbai, India, within the financial services sector. Investment advisory services, retirement fund solutions, and related offerings are managed from this location. Operations focus on supporting clients with portfolio management and financial planning needs. The company is led by CEO Dheeraj Gaur, emphasizing structured advisory in the Indian market.
- Headquarters Mumbai, India
- Employees 13
- Stage Acquired
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Website aretecapital.co.in
- Social LinkedIn
- Acquired by Choice (Feb 2025)
- Legal Name Arete Capital Service Private Limited
- Date of Incorporation 20 Dec, 1996
- Jurisdiction Mumbai, Maharashtra, India
Associated legal entities of Arete Capital
Arete Capital is associated with 2 registered companies on The Company Check; the primary company is Arete Capital Service Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Arete Capital Service Private Limited CIN U67120MH1996PTC104655 | Active | 20 Dec 1996 | Mumbai, Maharashtra | ₹13.5 Cr | 13 | 3 | View details |
| Kavisri Enterprises Private Limited CIN U74999MH2018PTC313832 | Converted To Llp | 11 Sep 2018 | Mumbai, Maharashtra | ₹153 Cr | 2 | View details |
Products & Services of Arete Capital
Arete Capital offers a comprehensive portfolio of products and services, including Financial Products & Investment Solutions, Retirement Funds Solutions, Fund Raising, and Independent Valuation Services.
Distributes mutual funds and bonds to investors for informed decisions
Manages retirement funds for trusts and entities
Provides transaction advisory for borrowing mandates
Offers valuation for financial assets and entities
Investors in Arete Capital
Arete Capital has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Choice.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A full-service stockbroker offering diverse investment options in India. | 1992 | choiceindia.com | Mumbai, India |
Investor details for Arete Capital
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Board of directors of Arete Capital Service Private Limited (Arete Capital)
Arete Capital Service Private Limited is the primary company behind Arete Capital. The boards of the 2 registered companies of Arete Capital currently have 4 directors; the longest-serving is Kamal Kishore Somani, appointed in 2002. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Kamal Kishore Somani DIN 00254658 | Director | 28 Aug 2002 | 24 yrs 2 mo | Arete Capital Service Private Limited, Kavisri Enterprises Private Limited |
| Manish Poddar DIN 02573515 | Director | 10 May 2019 | 7 yrs 5 mo | Kavisri Enterprises Private Limited |
| Arun Kumar Poddar DIN 02819581 | Additional Director | 28 Mar 2025 | 1 yr 7 mo | Arete Capital Service Private Limited |
| Ajay Rajendra Kejriwal DIN 03051841 | Additional Director | 28 Mar 2025 | 1 yr 7 mo | Arete Capital Service Private Limited |
People of Arete Capital
1 people are tracked at Arete Capital (1 in leadership); the tracked headcount is 13.
| Name | Role | Group |
|---|---|---|
Dheeraj Gaur | CEO | Leadership |
Complete people profiles for Arete Capital
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Financials of Arete Capital
Figures of Arete Capital Service Private Limited, the primary company behind Arete Capital, for FY 2025. Revenue was ₹13.48 Cr (+30% year on year). Net profit was ₹93.2 Lakh (7% margin). EBITDA was ₹2.69 Cr (20% margin). Revenue has grown at a compounded annual rate of -74% over three years and -49% over five years.
- ₹13.48 CrRevenue · FY 2025 · +30% YoY
- ₹93.2 LakhNet profit · 7% margin
- ₹2.69 CrEBITDA · 20% margin
- ₹3.47 CrPaid-up capital
- 13Employees (provident fund records)
- -74%Revenue CAGR, 3 years
- -49%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Arete Capital Service Private Limited are on its company page.
Detailed financial statements for Arete Capital
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Timeline of Arete Capital
2 dated milestones of Arete Capital across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Arete Capital is founded.
- Exit Acquired by Choice.
Competitors of Arete Capital
Arete Capital has 3 listed competitors in our database, 1 of them funded. They include UTI Mutual Fund, 360 One and Sundaram Finance.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| sundaramfinance.in | 1954 | Chennai, India | 8,285 | Provider of consumer & SME loans and equipment & vehicle leasing services |
Detailed competitors of Arete Capital
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Top companies in Asset Management
3 companies that operate in the same segment as Arete Capital (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Related news about Arete Capital
Complete news archive for Arete Capital
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Frequently Asked Questions about Arete Capital
Arete Capital was founded in 2000.
Arete Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Dheeraj Gaur is the CEO of Arete Capital, as recorded in our data.
Arete Capital has 13 employees.
The primary company behind Arete Capital, Arete Capital Service Private Limited, reported revenue of βΉ13.48 Cr for FY 2025, up 30% year on year.
Arete Capital was established in 2000 in Mumbai, India, within the financial services sector. Investment advisory services, retirement fund solutions, and related offerings are managed from this location. Operations focus on supporting clients with portfolio management and financial planning needs. The company is led by CEO Dheeraj Gaur, emphasizing structured advisory in the Indian market.
Arete Capital's top competitors include UTI Mutual Fund, Sundaram Finance and 360 One.
Arete Capital offers Financial Products & Investment Solutions, Retirement Funds Solutions, Fund Raising, and Independent Valuation Services.
Arete Capital has 1 investor. Key investors include Choice.
Arete Capital is associated with 2 legal entities: Arete Capital Service Private Limited, Kavisri Enterprises Private Limited.
Yes. Arete Capital was acquired by Choice in February 2025.
The legal entities of Arete Capital currently have 4 directors, including Kamal Kishore Somani, Arun Kumar Poddar, Ajay Rajendra Kejriwal and others.

