About Equirus Capital
Equirus Capital is a Financial Services company based in Mumbai (India) founded in 2007. Corporate financial advisory services are provided to middle-market companies. Equirus Capital has raised $7.92 million across 7 funding rounds from investors including Federal Bank, Amicus Capital Partners and Nestor Advisors. The company has 49 employees. Equirus Capital has completed 1 acquisition, including Credence Family Office. Equirus Capital was last valued at $94.14 million in December 2024. Its website equirus.com draws about 17 thousand monthly visits. Its Indian entity Equirus Capital Limited reported revenue of ₹181 Cr. Equirus Capital offers products and services including Investment Banking and Wealth Management. Its focus areas include Investment Industry, Investment Banks and IBs.
Company details
Equirus Capital was established in 2007 in Mumbai, India, as a firm specializing in corporate financial advisory. Services encompass mergers and acquisitions, capital raising, and strategic transactions for middle-market enterprises. Operations are conducted primarily in the Indian financial sector, with a focus on supporting growth-oriented businesses. Leadership is handled by a team of managing directors, executives, and board members experienced in advisory roles.
- Headquarters Mumbai, India
- Employees 49
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website equirus.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Equirus Capital Private Limited
- Date of Incorporation 24 Jul, 2007
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹181 Cr
FY 2026 · +8% YoY
- Net Profit₹81.91 Cr
FY 2026 · 20% margin
- EBITDA₹128 Cr
FY 2026 · 31% margin
- Total Equity Funding$7.92M (USD)
in 7 rounds
- Latest Funding Round$2.33M (USD), Series A
Dec 2024
- InvestorsFederal Bank
& 12 more
- Employee Count49
- Investments & Acquisitions
Associated legal entities of Equirus Capital
Equirus Capital is associated with 2 registered companies on The Company Check; the primary company is Equirus Capital Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Equirus Capital Limited CIN U65910MH2007PLC172599 | Active | 24 Jul 2007 | Mumbai, Maharashtra | ₹181 Cr | 49 | 11 | View details |
| Equirus Capital Private Limited CIN U65910MH2007PTC172599 | 24 Jul 2007 | Mumbai, Maharashtra, India | View details |
Products & Services of Equirus Capital
Equirus Capital offers a comprehensive portfolio of products and services, including Investment Banking and Wealth Management.
Financial advisory services are provided in IPOs, mergers, and acquisitions to raise capital and execute strategic transactions.
Wealth management services are offered to address personal and business needs through transparency and tailored investment advice.
Apps and channels of Equirus Capital
its YouTube channel Equirus has 1.26K subscribers and 30 videos.
Videos from Equirus Capital
The most watched videos on Equirus Capital's YouTube channel, Equirus (1.26K subscribers). Click a video to play it here.
More on Equirus.
Funding Insights of Equirus Capital
Equirus Capital has successfully raised a total of $7.92M across 7 strategic funding rounds. The most recent funding activity was a Series A round of $2.33 million completed in December 2024. 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.
- Total Funding $7.92M
- Total Rounds 7
- Last Round Series A — $2.33M
- First Round $2.73M
(Oct 2007)
- Investors Count 13
All 7 funding rounds of Equirus Capital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $2.33M | Series A | $94.14M | – | |
| Sep 2021 | $331,178 | Series A | – | – | |
| Sep 2019 | $138,490 | Series A | – | Federal Bank | – |
| Jul 2018 | $2.14M | Series A | $14.33M | – | |
| Nov 2017 | $153,457 | Angel Round | $••••• | Maneesh Bhandari | – |
| Dec 2007 | $101,368 | Seed | $••••• | Nestor Advisors | |
| Oct 2007 | $2.73M | Angel Round | $••••• | Rakesh Jhunjhunwala, Shankar Narayanan |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2024 | $94.14M | •••••••• |
| Jul 2018 | $14.33M | •••••••• |
| Nov 2017 | $••••• | •••••••• |
| Dec 2007 | $••••• | •••••••• |
| Oct 2007 | $••••• | •••••••• |
Full valuation and stage history of Equirus Capital
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $94.14M (Dec 2024). 13 investors in total: 3 institutional and 10 angel.
Investors in Equirus Capital
Equirus Capital has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Federal Bank, Amicus Capital Partners and Nestor Advisors.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment services in financial services, consumer, healthcare, technology, and manufacturing sectors. | 2015 | amicuscapital.in | Bengaluru, India | |
Personal, corporate, and NRI banking services are provided nationwide. | 1931 | federalbank.co.in | Kochi, India | |
Provider of governance consulting services | 2003 | nestoradvisors.com | United Kingdom | |
AG Ajay Garg | Founder of Nova IVF Fertility, active angel investor in healthcare and tech startups. | unknown_176f0b0268d1423b9 | ||
AG Arun Garg | Angel investor and entrepreneur, focusing on early-stage Indian startups. | unknown_4b9fadf9bbc84062b | ||
MB Maneesh Bhandari | Angel investor and entrepreneur, focused on early-stage Indian startups. | unknown_e708100c88c24d248 | ||
SR S Rama Iyer | unknown_b7d5071817f748bc9 | |||
SG Sanya Garg | unknown_762e1c978a9344db9 | |||
RG Ronit Garg | unknown_cc49ee83fc4f428a8 | |||
RJ Rakesh Jhunjhunwala | unknown_b4c921a441e443c49 |
Investor details for Equirus Capital
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Equirus Capital Limited (Equirus Capital)
Equirus Capital Limited is the primary company behind Equirus Capital. The board of Equirus Capital Limited currently have 9 directors; the longest-serving is Ajay Rameshchandra Garg, appointed in 2007. 20 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ajay Rameshchandra Garg DIN 00630768 | Managing Director | 24 Jul 2007 | 19 yrs 3 mo | Equirus Capital Limited |
| Rajiv Ambrish Agarwal DIN 00379990 | Director | 10 Aug 2010 | 16 yrs 2 mo | Equirus Capital Limited |
| Sivaraman Narayanaswami DIN 00001747 | Director | 14 Oct 2022 | 4 yrs | Equirus Capital Limited |
| Mahesh Parasuraman DIN 00233782 | Nominee Director | 28 Nov 2024 | 1 yr 10 mo | Equirus Capital Limited |
| Alpesh Babubhai Shah DIN 01492074 | Director | 29 Oct 2025 | 11 mo | Equirus Capital Limited |
| Ramesh Narayanaswami Gouri Sankaran DIN 06932731 | Director | 16 Dec 2025 | 10 mo | Equirus Capital Limited |
| Alok Chandra Misra DIN 01542028 | Director | 30 Jan 2026 | 8 mo | Equirus Capital Limited |
| Mitu Samarnath Jha DIN 07244627 | Director | 30 Jan 2026 | 8 mo | Equirus Capital Limited |
| Chitra Shailesh Shringare DIN 08158196 | Additional Director | 11 Aug 2026 | 2 mo | Equirus Capital Limited |
People of Equirus Capital
10 people are tracked at Equirus Capital (10 in leadership); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
| Board Member | Leadership | |
Ganesh Sankaran | Advisor & Director | Leadership |
Ankur Punj | Managing Director | Leadership |
Manish Panchal | Executive Director | Leadership |
Vishad Turakhia | Managing Director | Leadership |
Shankar Vailaya | Director | Leadership |
Nevil Dedhia | Managing Director | Leadership |
Siddharath Arora | Director | Leadership |
Vivek Chauhan | Director | Leadership |
Rama Iyer | Board Member | Leadership |
Complete people profiles for Equirus Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Equirus Capital
Figures of Equirus Capital Limited, the primary company behind Equirus Capital, for FY 2026. Revenue was ₹181 Cr (+8% year on year). Net profit was ₹81.91 Cr (20% margin). EBITDA was ₹128 Cr (31% margin). Revenue has grown at a compounded annual rate of +38% over three years and +45% over five years.
- ₹181 CrRevenue · FY 2026 · +8% YoY
- ₹81.91 CrNet profit · 20% margin
- ₹128 CrEBITDA · 31% margin
- ₹38.61 CrPaid-up capital
- 49Employees (provident fund records)
- +38%Revenue CAGR, 3 years
- +45%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Equirus Capital Limited are on its company page.
Detailed financial statements for Equirus Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
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Investments & Acquisitions by Equirus Capital
Equirus Capital has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Credence Family Office.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Multi Family Office | credencefamilyoffice.com | Bengaluru, India | 2010 | Feb 2025 | $11.5M |
Complete acquisition details for Equirus Capital
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Equirus Capital
5 dated milestones of Equirus Capital across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Equirus Capital is founded.
- Funding First funding round of $2.7M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.3M.
- Acquisition Acquires Credence Family Office.
Web traffic of Equirus Capital
The website of Equirus Capital (equirus.com) receives about 16.9K visits a month.
- Monthly visits16.9K
▼ 6.1% vs previous month
Websites whose visitors overlap most with Equirus Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
focusbankers.com | focusbankers.com | 100% | #1,274,547 | – | |
| systematixgroup.in | 100% | 26.7K | #901,519 | View details | |
investmentbankingcouncil.org | investmentbankingcouncil.org | 95% | #1,902,079 | – | |
| marwadionline.com | 94% | 57.4K | #374,706 | View details | |
| sparkcapital.in | 92% | 10.4K | #2,079,458 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Equirus Capital
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
Top companies in Investment Banks
2 companies that operate in the same segment as Equirus Capital (Investment Banks) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ambit is recognized as a leading provider of financial advice and capital in India. | 1997 | Mumbai, Maharashtra, India | USD 39.09 M | USD 116.66 M | 104 | |
Commercial bank | 1911 | Mumbai, Maharashtra, India |
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Related news about Equirus Capital
Complete news archive for Equirus Capital
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Frequently Asked Questions about Equirus Capital
Equirus Capital was founded in 2007.
Equirus Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Equirus Capital is a funded company, having raised a total of $7.92M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $2.73M, raised on Oct 2007.
Equirus Capital has 49 employees.
The primary company behind Equirus Capital, Equirus Capital Limited, reported revenue of ₹181 Cr for FY 2026, up 8% year on year.
Equirus Capital was established in 2007 in Mumbai, India, as a firm specializing in corporate financial advisory. Services encompass mergers and acquisitions, capital raising, and strategic transactions for middle-market enterprises. Operations are conducted primarily in the Indian financial sector, with a focus on supporting growth-oriented businesses. Leadership is handled by a team of managing directors, executives, and board members experienced in advisory roles.
Equirus Capital offers Investment Banking and Wealth Management.
Equirus Capital has made 1 acquisition, including Credence Family Office.
Equirus Capital has 13 investors. Key investors include Federal Bank, Amicus Capital Partners, Nestor Advisors, Ajay Garg, and Arun Garg.
The valuation of Equirus Capital is $94.14M as of Dec 2024.
Equirus Capital operates through Equirus Capital Limited.
The legal entities of Equirus Capital currently have 11 directors, including Sivaraman Narayanaswami, Rajiv Ambrish Agarwal, Ajay Rameshchandra Garg and others.