About Neo Group
Neo Group is a Financial Services company based in Mumbai (India) founded in 2021 by Nitin Jain. Neo Group is engaged in wealth and asset management services. It operates on a Professional Services and FinTech model in Financial Services and Technology sectors. Neo Group has raised $245.78 million across 8 funding rounds from investors including Biological E, Peak XV Partners and MUFG Bank. The company has 516 employees. Neo Group has completed 1 acquisition, including Indorient. Neo Group was last valued at $1.12 billion in August 2026. Its Indian entity Neo Asset Management Private Limited reported revenue of ₹77.13 Cr. Neo Group offers products and services including Wealth Management, Asset Management, and NeoFinity. Its focus areas include Financials, Asset Management and Wealth Management. Its competitors include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed competitors have raised funding.
Company details
Neo Group is involved in providing wealth and asset management services across India. Specialized, intergenerational, and bespoke solutions are offered to sophisticated global clients, including family offices, private wealth clients, institutions, and corporates. Sustainable bespoke solutions are provided in private markets, covering credit, equities, and real assets. Additionally, fintech and payment solutions are developed through its arm, NeoFinity, to cater to modern financial needs.
- Headquarters Mumbai, India
- Employees 516
- Founders Nitin Jain
- Stage Unicorn
- SectorsFinancial ServicesTechnology
- Email••••••••
- Website neo-group.in
- Social LinkedIn X
- Legal Name Neo Wealth & Asset Management
- Date of Incorporation 18 Nov, 2021
- 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$245.78M (USD)
in 8 rounds
- Latest Funding Round$36.35M (USD), Series C
Jul 2026
- InvestorsBiological E
& 33 more
- Employee Count516
- Investments & Acquisitions
Associated legal entities of Neo Group
Neo Group 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 | Active | 18 Nov 2021 | Mumbai, Maharashtra, India | View details |
Products & Services of Neo Group
Neo Group offers a comprehensive portfolio of products and services, including Wealth Management, Asset Management, and NeoFinity.
Specialized solutions are provided for global sophisticated clients.
Sustainable bespoke solutions are offered in private markets.
Fintech solutions are developed for payment processing needs.
Funding Insights of Neo Group
Neo Group has successfully raised a total of $245.78M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $36.35 million completed in July 2026. 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 $245.78M
- Total Rounds 8
- Last Round Series C — $36.35M
- First Round $8.82M
(Dec 2021)
- Investors Count 34
All 8 funding rounds of Neo Group 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 2026 | $36.35M | Series C | – | Peak XV Partners | – |
| Mar 2026 | $53.65M | Private Equity Round | – | – | |
| Nov 2025 | $25M | Series B | – | Atha Group | |
| Aug 2025 | $19M | Series B | – | VT Capital | |
| Feb 2025 | $20M | Series B | – | – | |
| Aug 2024 | $47.75M | Series B | – | – | |
| Oct 2023 | $35M | Series B | – | Peak XV Partners | – |
| Dec 2021 | $8.82M | Series A | $11.9M | Morde Foods |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2021 | $11.9M | •••••••• |
Full valuation and stage history of Neo Group
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
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Last known valuation $1.12B (Aug 2026). 34 investors in total: 23 institutional and 11 angel.
Investors in Neo Group
Neo Group has secured backing from 34 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Biological E, Peak XV Partners and MUFG Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in startups and providing support programs. | 2000 | peakxv.com | Bengaluru, India | |
Multiple sectors are invested in by this single-family office. | New York, United States | |||
Investment in growth equity and insurtech sectors in India. | 2007 | tvscapital.in | Chennai, India | |
Investment and support for seed to early stage businesses are provided by Yukti Securities. | 1995 | yukti.in | Delhi, India | |
Venture capital firm focused on early-stage investments | Bengaluru, India | |||
Venture capital is invested in public and private companies. | sattvaventures.com | Bengaluru, India | ||
Commercial banking services are provided by MUFG Bank internationally. | 1919 | bk.mufg.jp | Chiyoda City, Japan | |
Produces premium chocolate and cocoa for B2B clients worldwide. | 1983 | morde.com | Mumbai, India | |
Government-licensed lotteries in India are operated by Sugal & Damani. | sugaldamani.com | Gurugram, India |
Investor details for Neo Group
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Board of directors of Neo Asset Management Private Limited (Neo Group)
Neo Asset Management Private Limited is the primary company behind Neo Group. 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 Group
11 people are tracked at Neo Group (7 in leadership, 4 in team); the tracked headcount is 516.
| Name | Role | Group |
|---|---|---|
Nitin Jain | Founder & Managing Director & Chairman | Leadership |
Siddhant Tiwari | Vice President - Growth | Leadership |
| Managing Director And Chief Investment Officer | Leadership | |
Hina Kamra | Managing Director | Leadership |
Jills Shah | Vice President | Leadership |
Riyaz Ladiwala | Chief Operating Officer | Leadership |
Vivek S | Head Of Customer Experience Strategy & Strategic Partnerships | Leadership |
Kunj Rawani | Assistant Manager | Team |
Ayush Lodha | Associate | Team |
Rahul Jayanth | Derivatives Trader | Team |
Apurva Bhavsar | Manager - Business HR | Team |
Complete people profiles for Neo Group
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Financials of Neo Group
Figures of Neo Asset Management Private Limited, the primary company behind Neo Group, 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 Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Neo Group
Neo Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Indorient.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial advisory and investment banking services are delivered in capital markets and transactions. | indorient.in | Mumbai, India | 0 | •••• |
Complete acquisition details for Neo Group
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Timeline of Neo Group
5 dated milestones of Neo Group across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Neo Group is founded.
- Funding First funding round of $8.8M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Funding Latest funding round, Series C, of $36.3M.
Competitors of Neo Group
Neo Group 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 Group
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Web traffic of Neo Group
The website of Neo Group (neo-group.in) receives about 9.9K visits a month.
- Monthly visits9.9K
▲ 16% vs previous month
Websites whose visitors overlap most with Neo Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| neoassetmanagement.com | 100% | 13.3K | #2,156,105 | View details | |
| pmsbazaar.com | 79% | 64.6K | #425,933 | View details | |
equitypandit.com | equitypandit.com | 79% | #152,942 | – | |
| fortuneindia.com | 64% | 324K | #147,099 | View details | |
| indianstartupnews.com | 48% | 353.8K | #136,006 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Neo Group
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Top companies in Asset Management
3 companies that operate in the same segment as Neo Group (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 Group
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Articles about Neo Group on our blog
Frequently Asked Questions about Neo Group
Neo Group was founded in 2021.
Neo Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Neo Group is a funded company, having raised a total of $245.78M across 8 funding rounds to date. The company's 1st funding round was a Series A of $8.82M, raised on Dec 2021.
Neo Group has 516 employees.
The primary company behind Neo Group, Neo Asset Management Private Limited, reported revenue of ₹77.13 Cr for FY 2025, up 66% year on year.
Neo Group is involved in providing wealth and asset management services across India. Specialized, intergenerational, and bespoke solutions are offered to sophisticated global clients, including family offices, private wealth clients, institutions, and corporates. Sustainable bespoke solutions are provided in private markets, covering credit, equities, and real assets. Additionally, fintech and payment solutions are developed through its arm, NeoFinity, to cater to modern financial needs.
Neo Group's top competitors include UTI Mutual Fund, Avendus and 360 One.
Neo Group offers Wealth Management, Asset Management, and NeoFinity.
Neo Group has made 1 acquisition, including Indorient.
Neo Group has 34 investors. Key investors include Biological E, Peak XV Partners, MUFG Bank, Atha Group, and TVS Capital Funds.
The valuation of Neo Group is $1.12B as of Aug 2026.
Neo Group operates through Neo Asset Management Private Limited.