Nuvama

Mumbai, India Founded: 2008 • Age: 18 yrs Acquired By PAG
An integrated wealth management platform is operated by Nuvama.
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About Nuvama

Nuvama is a company based in Mumbai (India) founded in 2008 was acquired by PAG in March 2021. It operates as a Professional Services. The company has 3,900 employees as of March 31, 2024. Nuvama offers products and services including Wealth Management, Asset Management, and Capital Markets. Nuvama operates in a competitive market with competitors including Addepar, sei, Avaloq, Centricity and 360 One, among others.

  • Headquarter Mumbai, India
  • Employees 3900 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nuvama Wealth Management Limited
Operational Areas
Technology → Marketing, Adtech & Commerce Technology
Key Metrics
  • Annual Revenue
    $483.64 M (USD)
    33.22
    as on Mar 31, 2024
  • Net Profit
    $115.19 M (USD)
    57.71
    as on Mar 31, 2024
  • EBITDA
    $262.03 M (USD)
    45.83
    as on Mar 31, 2024
  • Latest Funding Round
  • Investors
  • Employee Count
    3900

    as on Mar 31, 2024

  • Acquired by
    PAG

    (Mar 01, 2021)

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IPO & Listings of Nuvama

Nuvama is a publicly listed company on the NSE with ticker symbol NUVAMA in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: NUVAMA . Sector: Finance · India

Products & Services of Nuvama

Nuvama offers a comprehensive portfolio of products and services, including Wealth Management, Asset Management, and Capital Markets. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Personalized financial solutions are provided for diverse clients.

Long-term value creation is targeted through asset management.

Market access and trading services are offered to funds.

People of Nuvama
Headcount 200-500
Employee Profiles 15
Employee Profiles
People
Himanshu Jain
Chief Manager
People
Abhisek Agarwal
Executive Vice President
People
Santosh Kumar Pandey
President & Head, Nuvama Professional Clients Group
People
Bhooshan Jogdand
Head Algo Product & Technology

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Funding Insights of Nuvama

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2024 Amount Unspecified - Nuvama Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Nuvama

Nuvama has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include PAG. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Alternative investment firm
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Nuvama

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Nuvama

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nuvama Comparisons

Employees
+
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Competitors of Nuvama

Nuvama operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Addepar, sei, Avaloq, Centricity and 360 One, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Wealth management solutions are delivered for investment advisors.
domain founded_year HQ Location
Wealth and investment management solutions are offered to institutional investors.
domain founded_year HQ Location
Cloud-based solutions for financial institutions are provided by Avaloq.
domain founded_year HQ Location
Digital private wealth management platform for individuals
domain founded_year HQ Location
Asset and wealth management software is provided for businesses.
domain founded_year HQ Location
Cloud-based solutions are offered for wealth management and financial advising.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nuvama

Frequently Asked Questions about Nuvama

When was Nuvama founded?

Nuvama was founded in 2008 and raised its 1st funding round 16 years after it was founded.

Where is Nuvama located?

Nuvama is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Who is the current CEO of Nuvama?

Rahul Jain is the current CEO of Nuvama.

How many employees does Nuvama have?

As of Mar 31, 2024, the latest employee count at Nuvama is 3,900.

What is the annual revenue of Nuvama?

Annual revenue of Nuvama is $483.64M as on Mar 31, 2024.

What does Nuvama do?

A comprehensive wealth management platform is provided by Nuvama, focusing on personalized financial solutions for affluent individuals, high-net-worth clients, family offices, and institutional investors. Services are extended across wealth management, asset management, and capital markets, catering to diverse needs with a client-first approach. Operations are supported by advanced technology platforms and strategic alliances, ensuring scalability and low latency. The company is backed by PAG, a leading Asia-focused investment firm, and upholds the legacy of Edelweiss, a prominent Indian financial conglomerate. Activities are centered in multiple global locations, addressing both domestic and international markets.

Who are the top competitors of Nuvama?

Nuvama's top competitors include Addepar, Delta Capita and sei.

What products or services does Nuvama offer?

Nuvama offers Wealth Management, Asset Management, and Capital Markets.

Is Nuvama publicly traded?

Yes, Nuvama is publicly traded on NSE under the ticker symbol NUVAMA.

Who are Nuvama's investors?

Nuvama has 1 investor. Key investors include PAG.

What is Nuvama's ticker symbol?

The ticker symbol of Nuvama is NUVAMA on NSE.

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