About Neo Asset Management
Neo Asset Management is a Financial Services company based in Mumbai (India) founded in 2021 by Puneet Jain, Hemant Daga, and Nitin Jain. Neo Asset Management has raised $47.62 million across 3 funding rounds from investors including Neo Wealth, Peak XV Partners and Atha Group. The company has 32 employees. Neo Asset Management has completed 1 acquisition, including SolarArise. Neo Asset Management was last valued at $11.9 million in December 2021. Its chief executive, as recorded, is Hemant Daga. Its website neoassetmanagement.com draws about 13 thousand monthly visits. Its Indian entity Neo Asset Management Private Limited reported revenue of ₹77.13 Cr. Its focus areas include Asset Management and Diversified. Its competitors include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed competitors have raised funding.
Company details
Provider of alternative asset management solutions focusing on credit and fixed income. It offers bespoke capital solutions to stabilize and grow companies, primarily catering to institutional investors. Investment strategies include private credit, core credit, and real assets, emphasizing long-term, risk-adjusted returns and capital preservation. A process-driven approach underpins investment decisions, leveraging deep market understanding to generate returns for clients. The firms investment philosophy centers on identifying deep value opportunities with multiple layers of protection.
- Headquarters Mumbai, India
- Employees 32
- Founders Puneet Jain, Hemant Daga, Nitin Jain
- Stage Minicorn
- SectorsFinancial Services
- Email••••••••
- Website neoassetmanagement.com
- Social LinkedIn X
- Legal Name Neo Asset Management Private Limited
- Date of Incorporation 18 Nov, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹77.13 Cr
FY 2025 · +66% YoY
- Net Loss-₹25.86 Cr
FY 2025 · -34% margin
- EBITDA-₹22.50 Cr
FY 2025 · -29% margin
- Total Equity Funding$47.62M (USD)
in 3 rounds
- Latest Funding Round$3.82M (USD), Series B
Jul 2024
- InvestorsNeo Wealth
& 8 more
- Employee Count32
- Investments & Acquisitions
Associated legal entities of Neo Asset Management
Neo Asset Management is associated with 2 registered companies on The Company Check; the primary company is Neo Asset Management 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 |
|---|---|---|---|---|---|---|---|
| Neo Asset Management Private Limited CIN U66300MH2021PTC371799 | Active | 18 Nov 2021 | Mumbai, Maharashtra | ₹77.1 Cr | 32 | 3 | View details |
| Neo Asset Management Private Limited CIN U67100MH2021PTC371799 | 18 Nov 2021 | Mumbai, Maharashtra, India | View details |
Funding Insights of Neo Asset Management
Neo Asset Management has successfully raised a total of $47.62M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $3.82 million completed in July 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 $47.62M
- Total Rounds 3
- Last Round Series B — $3.82M
- First Round $8.8M
(Dec 2021)
- Investors Count 9
All 3 funding rounds of Neo Asset Management 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 |
|---|---|---|---|---|---|
| Jul 2024 | $3.82M | Series B | – | – | |
| Oct 2023 | $35M | Series B | – | Peak XV Partners | – |
| Dec 2021 | $8.8M | Series A | $11.9M | S N Damani Infra, BridgeMonte |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $11.9M | •••••••• |
Last known valuation $11.9M (Dec 2021). 9 investors in total: 8 institutional and 1 angel.
Investors in Neo Asset Management
Neo Asset Management has secured backing from 9 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Neo Wealth, Peak XV Partners and Atha Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Produces premium chocolate and cocoa for B2B clients worldwide. | 1983 | morde.com | Mumbai, India | |
An online platform for private wealth management tailored to individuals. | 2014 | bridgemonte.com | Mumbai, India | |
Delivers comprehensive industrial warehousing solutions for businesses. | 1970 | sndamani.com | Chennai, India | |
Wealth management, family office services, and investment opportunities are provided. | 2021 | neo-wealth.com | Mumbai, India | |
Mining, renewable energy, and CSR activities in India. | 2006 | athagroup.in | Kolkata, India | |
RD Ruchika Daga | unknown_c7b0788d32d34f728 | |||
Manufacturers of premium quality edible oil and gas | 2006 | goyalgroup.com | Delhi, India |
Investor details for Neo Asset Management
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Board of directors of Neo Asset Management Private Limited (Neo Asset Management)
Neo Asset Management Private Limited is the primary company behind Neo Asset Management. The board of Neo Asset Management Private Limited currently have 3 directors; the longest-serving is Suresh Chand Goyal, appointed in 2021. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Suresh Chand Goyal DIN 00220575 | Director | 21 Dec 2021 | 4 yrs 10 mo | Neo Asset Management Private Limited |
| Hemant Daga DIN 07783248 | Director | 19 Apr 2022 | 4 yrs 6 mo | Neo Asset Management Private Limited |
| Puneet Jain DIN 09716672 | Whole-time director | 13 Sep 2022 | 4 yrs 1 mo | Neo Asset Management Private Limited |
People of Neo Asset Management
21 people are tracked at Neo Asset Management (17 in leadership, 4 in team); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CIO | Leadership | |
| Co-Founder & CEO | Leadership | |
| Co-Founder & Managing Director | Leadership | |
Neeraj Sanghi | CEO | Leadership |
Ashutosh Ojha | Managing Director | Leadership |
Manjusha Wagh | Design Head | Leadership |
Himani Goel | Vice President | Leadership |
Tanvi Bhatia | Vice President | Leadership |
Prerna Soni | Managing Director | Leadership |
Vijay Krishan Gupta | Vice President- Investment | Leadership |
Saurabh Singhal | Managing Director And Partner - Infrastructure & Real Assets Funds | Leadership |
Saurabh Sareen | Vice President - Infrastructure And Real Asset Funds | Leadership |
Abishek Goel | Managing Director And Head-infrastructure & Real Assets Funds | Leadership |
Aman Jain | Director | Leadership |
Rubin Chheda | Managing Director | Leadership |
Kushal Kakkad | Assistant Vice President | Leadership |
Vishal Shirode | Head- Road Operations And Maintenance | Leadership |
Souvik Ghosh | Investments - Special Situation | Team |
Ishan Sehgal | Partnerships Manager | Team |
Gaurav Mukhi | Investment Analyst | Team |
1 more people are available in the full profile.
Complete people profiles for Neo Asset Management
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Financials of Neo Asset Management
Figures of Neo Asset Management Private Limited, the primary company behind Neo Asset Management, for FY 2025. Revenue was ₹77.13 Cr (+66% year on year). Net loss was -₹25.86 Cr (-34% margin). EBITDA was -₹22.50 Cr (-29% margin). Revenue has grown at a compounded annual rate of +244% over three years.
- ₹77.13 CrRevenue · FY 2025 · +66% YoY
- -₹25.86 CrNet loss · -34% margin
- -₹22.50 CrEBITDA · -29% margin
- ₹4.4 LakhPaid-up capital
- 32Employees (provident fund records)
- +244%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Neo Asset Management Private Limited are on its company page.
Detailed financial statements for Neo Asset Management
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Investments & Acquisitions by Neo Asset Management
Neo Asset Management has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include SolarArise.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Solar energy projects are developed and managed across India. | solararise.com | Gurugram, India | 2009 | Aug 2025 | $159.59M |
Complete acquisition details for Neo Asset Management
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Timeline of Neo Asset Management
5 dated milestones of Neo Asset Management across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Neo Asset Management is founded.
- Funding First funding round of $8.8M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series B, of $3.8M.
- Acquisition Acquires SolarArise.
Competitors of Neo Asset Management
Neo Asset Management has 3 listed competitors in our database, 2 of them funded. They include UTI Mutual Fund, 360 One and Avendus.
| 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. | ||
| avendus.com | 1999 | Mumbai, India | $178.11M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed competitors of Neo Asset Management
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Web traffic of Neo Asset Management
The website of Neo Asset Management (neoassetmanagement.com) receives about 13.3K visits a month.
- Monthly visits13.3K
▲ 77.1% vs previous month
Websites whose visitors overlap most with Neo Asset Management. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| neo-group.in | 100% | 9.9K | #2,080,722 | View details | |
| akgroup.co.in | 96% | #2,100,823 | View details | ||
| oldbridgecapital.com | 86% | 3.2K | #4,760,874 | View details | |
| tazapay.com | 79% | 756K | #67,069 | View details | |
| kpsfund.com | 79% | #960,926 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Neo Asset Management
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Top companies in Asset Management
3 companies that operate in the same segment as Neo Asset Management (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 Neo Asset Management
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Frequently Asked Questions about Neo Asset Management
Neo Asset Management was founded in 2021.
Neo Asset Management is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Hemant Daga is the CEO of Neo Asset Management, as recorded in our data. They have also founded this company.
Neo Asset Management is a funded company, having raised a total of $47.62M across 3 funding rounds to date. The company's 1st funding round was a Series A of $8.8M, raised on Dec 2021.
Neo Asset Management has 32 employees.
The primary company behind Neo Asset Management, Neo Asset Management Private Limited, reported revenue of ₹77.13 Cr for FY 2025, up 66% year on year.
Provider of alternative asset management solutions focusing on credit and fixed income. It offers bespoke capital solutions to stabilize and grow companies, primarily catering to institutional investors. Investment strategies include private credit, core credit, and real assets, emphasizing long-term, risk-adjusted returns and capital preservation. A process-driven approach underpins investment decisions, leveraging deep market understanding to generate returns for clients. The firms investment philosophy centers on identifying deep value opportunities with multiple layers of protection.
Neo Asset Management's top competitors include UTI Mutual Fund, Avendus and 360 One.
Neo Asset Management has made 1 acquisition, including SolarArise.
Neo Asset Management has 9 investors. Key investors include Neo Wealth, Peak XV Partners, Atha Group, Goyal Group, and Morde Foods.
The valuation of Neo Asset Management is $11.9M as of Dec 2021.
Neo Asset Management operates through Neo Asset Management Private Limited.