About Avendus
Avendus is a company based in Mumbai (India) founded in 1999 by Ranu Vohra, Kaushal Aggarwal, and Gaurav Deepak was acquired by Mizuho Financial Group in December 2025. It operates as a Professional Services and Brokerage / Intermediation. Avendus has raised $178.14 million across 5 funding rounds from investors including KKR, Mizuho Financial Group and Gaja Capital. The company has 207 employees as of March 28, 2024. Avendus has completed 2 acquisitions, including Ocean Dial and Zodius. Avendus offers products and services including Asset Management, Credit Solutions, Investment Banking, Institutional Equities, and Wealth Management.
- Headquarter Mumbai, India
- Employees 207 as on 28 Mar, 2024
- Founders Ranu Vohra, Kaushal Aggarwal, Gaurav Deepak
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Avendus Capital Private Limited
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$49.96 M (USD)72.39as on Mar 31, 2018
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Net Profit
$7.08 M (USD)659.83as on Mar 31, 2018
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EBITDA
$7.11 M (USD)2927.47as on Mar 31, 2018
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Total Equity Funding
$178.14 M (USD)
in 5 rounds
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Latest Funding Round
$2.6 M (USD), Series D
Jul 24, 2018
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Investors
KKR
& 12 more
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Employee Count
207
as on Mar 28, 2024
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Investments & Acquisitions
Ocean Dial
& 1 more
- Acquired by
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Products & Services of Avendus
Avendus offers a comprehensive portfolio of products and services, including Asset Management, Credit Solutions, Investment Banking, Institutional Equities, and Wealth Management.
Focused funds are managed for steady investment returns.
Innovative capital solutions are customized for client needs.
High-quality advisory services are provided for M&A deals.
Investment opportunities in India are facilitated for institutions.
Bespoke solutions are crafted for wealth growth protection.
People of Avendus
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Leadership Team
7 people
Software Development Team
3 people
Human Resources and Administration
1 people
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Funding Insights of Avendus
Avendus has successfully raised a total of $178.14M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $2.6 million completed in July 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Avendus
Avendus has secured backing from 13 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include KKR, Mizuho Financial Group and Gaja Capital.
| Investor | Description | Founded Year | Domain | Location |
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Investment firm partnering with entrepreneurs in India's domestic economy.
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Locked | Locked | Locked | |
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Family investments are managed by this single family office.
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Locked | Locked | Locked | |
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Multiple sectors are invested in by this private equity firm.
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Locked | Locked | Locked |
Investor details for Avendus
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Investments & Acquisitions by Avendus
Avendus has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Ocean Dial and Zodius.
Investment portfolio details for Avendus
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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VC firm investing in India
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Locked | Locked | 2011 | Locked | |
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Diversified investment management services are provided globally.
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Locked | Locked | 2005 | Locked |
Complete acquisition details for Avendus
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Financial Statements - Avendus
Detailed financials for Avendus
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Avendus Comparisons
Peer comparison for Avendus
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Competitors of Avendus
Detailed competitors of Avendus
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Latest news on Avendus
Complete news archive for Avendus
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Frequently Asked Questions about Avendus
Avendus was founded in 1999 and raised its 1st funding round 7 years after it was founded.
Avendus is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ranu Vohra is the current CEO of Avendus. They have also founded this company.
Avendus is a funded company, having raised a total of $178.14M across 5 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Avendus is 207.
Annual revenue of Avendus is $49.96M as on Mar 31, 2018.
Avendus is established as a prominent financial services provider focused on high-performing entrepreneurs and pioneers of the new-age economy in India. Customized solutions are offered across asset management, credit solutions, investment banking, institutional equities, and wealth management. The firm operates in various sectors, delivering innovative capital solutions, high-quality advisory for mergers and acquisitions, and bespoke wealth protection strategies. Operations are supported by a global presence with offices in multiple countries, catering to institutional investors and ultra-high-net-worth individuals.
Avendus offers Asset Management, Credit Solutions, Investment Banking, Institutional Equities, and Wealth Management.
Avendus has made 2 acquisitions, including Ocean Dial, and Zodius.
Avendus has 13 investors. Key investors include KKR, Mizuho Financial Group, Gaja Capital, Zarksis Gotla, and Damavand Capital.
The valuation of Avendus is $18.45M as of Mar 2008.