JM Financial

JM Financial Limited, established in 1973 and headquartered in Mumbai, India, is a diversified financial services provider catering to corporations, financial institutions, high net-worth individuals, and retail investors. The company operates through four primary segments: Investment Banking, Wealth Management, Mortgage Lending, and Asset Management. The Investment Banking division offers services such as capital markets transactions, mergers and acquisitions advisory, and private equity syndication. The Wealth Management segment provides investment advisory and distribution services, including equity brokerage, wealth management, and capital market lending. The Mortgage Lending segment offers finance against commercial and residential real estate, as well as lending to education institutions. The Asset Management segment manages mutual fund assets through various schemes, catering to institutional, corporate, and high net-worth individuals. Additionally, the company's private equity arm focuses on providing growth capital to small and mid-sized companies in the consumer and financial services sectors.

Neha Agarwal

Managing Director and Head of Equity Capital Markets Group

Deepak Aswani

Associate, Corporate Finance and Investment Banking

Aman Jain

Vice President

Nimesh Kampani

Chairman and Board Member

Siddharth Kothari

Managing Director

Vikas Kothari

Executive Director

Venugopal Nyalapelli

Director

Darius Pandole

CEO and Managing Director

Nishit Shah

Group CFO

Himanshu Sharma

Senior Analyst

Shreyas Subedar

Analyst

39 past transactions

The Bear House

Series A in 2025
The Bear House is a men's apparel company that specializes in stylish and affordable clothing. It offers a range of products, with a particular focus on fine shirts suitable for work, along with a curated collection of shoes and loafers that blend comfort and fashion. The company operates an online store, allowing customers to explore and purchase their products.

Zoff

Series A in 2024
Zoff specializes in manufacturing a variety of masala items, dry fruits, seasonings, whole foods, and immunity boosters. The company's product range includes popular spices such as Turmeric Powder, known for its vibrant color and health benefits, Cumin Seeds, Red Chili Powder, Garam Masala, Coriander Powder, Black Pepper, Mustard Seeds, and Fenugreek Seeds. Zoff focuses on delivering these spices in their purest form, ensuring freshness by grinding them just before consumption. This approach aims to retain all the natural properties of the spices until they are used, providing consumers with high-quality, freshly ground spices for various culinary needs.

Flexiloans

Debt Financing in 2024
FlexiLoans is a Mumbai-based lending platform established in 2016, dedicated to providing quick and flexible funding solutions for small and medium-sized enterprises (SMEs) in India. Recognizing that over 80% of loan applications from SMEs are often rejected by traditional financial institutions due to insufficient credit history or collateral, FlexiLoans aims to bridge this financing gap. The company leverages digital transformation and advanced data analytics to create an online marketplace that connects loan seekers with potential investors. This innovative approach allows SMEs, particularly those lacking conventional credit histories, to access customized business loans, seasonal inventory financing, and equipment funding. By focusing on alternative scoring methods, FlexiLoans aspires to tap into the significant unserved demand within the SME sector, fostering growth and economic development.

Balwaan

Series A in 2024
BALWAAN Agri is a agricultural tools products company.Their products include weeders and tillers, brush cutters,harvesters,lawn and garden equipment; sprayers,fencing and crop protection, dairy farming, irrigation, lighting and electric, chainsaws and forestry, hand tools, and earth augers.

Clear Premium Water

Private Equity Round in 2024
Clear Premium Water is a company that specializes in branding high-quality water products for various industries, including airlines, premium hotels, automobiles, hospitals, jewelry showrooms, trade shows, and production houses. The company is notable for its innovative square bottle design, which is crafted from eco-friendly biodegradable materials, significantly reducing plastic usage. By focusing on quality-intensive products, Clear Premium Water aims to meet the specific needs of its diverse clientele while promoting environmental sustainability.

Silverpush

Series C in 2022
SilverPush is an advertising technology company that specializes in artificial intelligence-driven solutions designed to enhance brand engagement and customer understanding. Utilizing its advanced platform, MIRRORS, which incorporates deep learning and computer vision, SilverPush enables brands to identify and target their most relevant audiences through context-specific video ad placements, ensuring a controlled and safe environment for advertising. Additionally, the company offers Parallels, a real-time moment marketing platform that facilitates meaningful connections between brands and consumers during significant live events. By focusing on data-driven technologies and proprietary metrics, SilverPush addresses complex client challenges in the media industry, providing innovative tools for effective advertising.

Adda247

Series B in 2022
Adda247 is an edtech platform based in Gurugram, India, specializing in the preparation for government examinations. Founded in 2010, the company provides a comprehensive learning ecosystem that includes online courses, study materials, and test series for various competitive exams. As a subsidiary of Metis Eduventures Private Limited, Adda247 aims to empower students with the resources needed to succeed in their academic and career pursuits in the public sector. The platform leverages technology to deliver accessible and effective educational solutions, making it a prominent player in the Indian education landscape.

Emiza

Series B in 2022
Emiza Inc. is a Mumbai-based third-party logistics provider that offers a range of services including warehousing, fulfillment, order management, and inventory management. Founded in 2015, the company operates across several locations in India, including Delhi NCR, Mumbai, Bhiwandi, and Bengaluru. Emiza specializes in both multichannel and omnichannel logistics, enabling clients to efficiently manage and fulfill orders from various online and offline channels. By leveraging a sophisticated warehouse management system, Emiza connects with eCommerce marketplaces and clients' ERP systems, allowing for seamless inventory management. The company has developed a network of hubs in North India for less-than-truckload (LTL) distribution, facilitating timely deliveries of smaller loads to customers. This LTL service not only supports traditional retail but also enhances eCommerce deliveries for larger items. Emiza's multi-client warehousing solutions provide small and medium enterprises with the necessary infrastructure and technology to optimize their logistics operations, thereby fostering growth in both online and offline markets.

Seekho

Seed Round in 2022
Seekho is an AI-driven, upskilling platform that takes you from dreaming about a job, to your dream job. We believe that formal education doesn't always prepare students for the real world, and we're here to help you get ahead. Seekho bridges the gap between your resume and your job description. We help you maximize your career growth. Get coaching from the industry best through extensive yet simplified learning courses and enjoy lucrative job offers based on your new growth. In addition, Seekho also goes the extra mile by connecting you to job opportunities, internships, and corporate projects. We have tie-ups with the best corporates in the industry, giving you access to a wide range of opportunities to jumpstart your career Seekho believes that every person has the potential to be a future-maker. We are committed to equipping the country’s future-makers with the right tools to help them own their tomorrow and maximize their earning potential. Simply put, Seekho jo kaam aaye.

BigHaat

Series B in 2022
BigHaat is an online agricultural products platform based in Bangalore, India, established in 2015. The company collaborates with multiple seed suppliers across the country to provide a transparent and competitive marketplace for seed buyers. By listing a wide array of products, including seeds, plant protection, plant nutrition, and agricultural implements, BigHaat connects farmers directly with suppliers. This platform not only enhances accessibility to quality agricultural products but also facilitates post-sale support, improving the overall user experience for farmers. By bridging the gap between sellers and buyers in the agriculture sector, BigHaat aims to boost operational efficiency and productivity within the agri-value chain, ultimately helping farmers enhance their yield and income.

Isthara

Venture Round in 2021
Isthara is a company that specializes in providing shared-living accommodations for working professionals and students across various cities in India. It operates a co-living aggregation platform that manages standardized living spaces, offering high-quality, comfortable environments with features such as well-planned layouts, stylish interior design, and beautiful landscaping. In addition to its living spaces, Isthara also provides smart food courts and cafeterias, enhancing the overall living experience for its residents. With dedicated housekeeping and security services, Isthara aims to create a secure and convenient lifestyle for its users, making it an attractive option for young executives and university students seeking comfortable housing solutions.

Adda247

Series B in 2021
Adda247 is an edtech platform based in Gurugram, India, specializing in the preparation for government examinations. Founded in 2010, the company provides a comprehensive learning ecosystem that includes online courses, study materials, and test series for various competitive exams. As a subsidiary of Metis Eduventures Private Limited, Adda247 aims to empower students with the resources needed to succeed in their academic and career pursuits in the public sector. The platform leverages technology to deliver accessible and effective educational solutions, making it a prominent player in the Indian education landscape.

Walko

Private Equity Round in 2021
Walko Food Company owns the fast-growing natural ice cream brand NIC. The company operates a manufacturing plant in Pune and retails in over 50 cities across India, via multiple sales channels like food delivery platforms, Modern Trade, Parlors. The ice cream flavors range from fruit, dry fruit variants to international tastes like sea salted caramel, Madagascar chocolate, French Vanilla, and the ones inspired by Indian sweetmeats like Gulab Jamun, sheer khurma, til gud, gajar halwa to name a few. The company has also recently launched the desi kulfi brand GRAMEEN.

Canpac Trends

Private Equity Round in 2021
Canpac Trends is a manufacturer specializing in folding cartons and packaging solutions. The company provides a diverse range of packaging products tailored to various sectors, including fashion, retail, fast-moving consumer goods (FMCG), and industrial markets. Its offerings encompass folding cartons, corrugated boxes, paper bags, flexible laminates, and luxury boxes. By focusing on innovative design and quality, Canpac Trends enables its clients to safeguard their products throughout the supply chain, ensuring effective protection and presentation.

BRFL Textiles

Private Equity Round in 2021
BRFL Textiles is a fabric processing company located in Mumbai, India. It operates a comprehensive manufacturing facility that specializes in producing a diverse array of fabrics, including cotton, linen, giza cotton, viscose, polyester, tencel, and modal. By offering a wide range of fabric options, BRFL Textiles aims to meet the raw material needs of its clients in the textile industry.

Aarman Solutions

Venture Round in 2021
Aarman Solutions offers outsourcing including IT-enabled processes, call center support, and marketplace management for businesses.

API Holdings

Venture Round in 2021
API Holdings operates as India's largest digital healthcare platform. The company provides an integrated, end-to-end business model that addresses the healthcare needs of consumers. It simplifies healthcare and impacts lives by offering a range of products and services. The platform's operations are based on the Gross Merchandise Value (GMV) of products and services sold. API Holdings also has a strong presence on social media platforms like LinkedIn, where it engages with its followers and shares updates about its operations and initiatives.

Vendiman

Series A in 2019
Vendiman is a company specializing in instant commerce through innovative smart retail solutions focused on food, beverages, and related categories. It manufactures vending machines designed to enhance everyday convenience, offering a diverse range of products including snacks, beverages, tea, coffee, health items, personal care products, and pantry supplies. By prioritizing creativity and operational excellence, Vendiman aims to deliver a seamless retail experience that meets the needs of its customers while ensuring safety and accessibility.

Innovcare Lifesciences

Private Equity Round in 2019
Innovcare Lifesciences Pvt. Ltd. is a company based in Navi Mumbai, India, that specializes in the development and production of nutraceuticals, cosmeceuticals, and functional foods. Established in 2014, the company focuses on providing high-quality healthcare solutions designed to enhance human health and address lifestyle-related diseases. Innovcare Lifesciences offers a diverse range of products, including those aimed at arthritis care, pain management, women's health, phyto medicine, and skin and hair care. The company's mission is to deliver innovative and effective healthcare solutions supported by research and evidence, ultimately contributing to improved health outcomes for its consumers.

Isthara

Series A in 2019
Isthara is a company that specializes in providing shared-living accommodations for working professionals and students across various cities in India. It operates a co-living aggregation platform that manages standardized living spaces, offering high-quality, comfortable environments with features such as well-planned layouts, stylish interior design, and beautiful landscaping. In addition to its living spaces, Isthara also provides smart food courts and cafeterias, enhancing the overall living experience for its residents. With dedicated housekeeping and security services, Isthara aims to create a secure and convenient lifestyle for its users, making it an attractive option for young executives and university students seeking comfortable housing solutions.

PharmEasy

Series C in 2018
PharmEasy is a health tech startup founded in 2015 by Dharmil Sheth, Mikhil Innani, and Dhaval Shah as a subsidiary of Ascent Health. The company operates an online platform that offers a range of healthcare services, including teleconsultation, medicine deliveries, and diagnostic test sample collections. By digitizing the pharmaceutical supply chain, PharmEasy connects patients with local pharmacies and diagnostic centers, facilitating access to essential medicines and healthcare products. This approach aims to make healthcare services more available, affordable, and accessible to patients.

Faircent

Series B in 2017
Faircent is a peer-to-peer lending platform that connects borrowers directly with lenders, bypassing traditional financial intermediaries such as banks. By facilitating direct interactions between individuals, the company allows borrowers to negotiate loan terms, including interest rates and repayment periods, without the overhead costs associated with banks. This model enables borrowers to secure loans at lower rates compared to conventional banking options, while offering lenders the opportunity to earn higher returns on their investments than they would typically receive from standard savings accounts. Faircent's approach aims to eliminate the high margins charged by intermediaries, creating a more efficient and cost-effective lending environment.

Spandana Sphoorty

Venture Round in 2017
Spandana Sphoorty Financial Limited is a microfinance company based in Hyderabad, India, that specializes in providing financial services to low-income households. Founded in 1998, the company primarily focuses on offering income generation loans under the joint liability group model, with a strong emphasis on empowering women engaged in entrepreneurial activities. In addition to these loans, Spandana Sphoorty provides various financial products, including loans against property, gold loans for agricultural and business purposes, and interim loans, catering to both urban and rural clients. By facilitating access to credit for those who typically lack it from formal financial channels, Spandana Sphoorty aims to enhance financial security and improve the quality of life for its customers.

Vendiman

Venture Round in 2017
Vendiman is a company specializing in instant commerce through innovative smart retail solutions focused on food, beverages, and related categories. It manufactures vending machines designed to enhance everyday convenience, offering a diverse range of products including snacks, beverages, tea, coffee, health items, personal care products, and pantry supplies. By prioritizing creativity and operational excellence, Vendiman aims to deliver a seamless retail experience that meets the needs of its customers while ensuring safety and accessibility.

India Home Loan

Funding Round in 2016
India Home Loan Limited is a housing finance company based in Mumbai, India, established in 1990. The company specializes in providing a range of home loan products tailored for individuals and families, including loans for the purchase, construction, extension, and renovation of residential properties. Additionally, it offers loans against existing self-occupied residential properties and project loans. India Home Loan Limited aims to cater to various customer segments, including affordable housing and Non-Resident Indians (NRIs). Its primary revenue stream comes from the interest earned on these loans, positioning the company as a significant player in the Indian housing finance sector. The company changed its name from India Home Loans Limited to India Home Loan Limited in November 2012, reflecting its commitment to the housing finance market.

Faircent

Series A in 2016
Faircent is a peer-to-peer lending platform that connects borrowers directly with lenders, bypassing traditional financial intermediaries such as banks. By facilitating direct interactions between individuals, the company allows borrowers to negotiate loan terms, including interest rates and repayment periods, without the overhead costs associated with banks. This model enables borrowers to secure loans at lower rates compared to conventional banking options, while offering lenders the opportunity to earn higher returns on their investments than they would typically receive from standard savings accounts. Faircent's approach aims to eliminate the high margins charged by intermediaries, creating a more efficient and cost-effective lending environment.

Ascent Health & Wellness Solutions

Private Equity Round in 2016
Ascent Health and Wellness Solutions Private Limited, established in 2012 and based in Mumbai, India, specializes in the distribution of pharmaceutical products. The company offers comprehensive services including warehousing, logistics, and credit support, effectively connecting various pharmaceutical companies. Additionally, Ascent Health provides turn-key solutions for large-scale hospital pharmacy management. The organization aims to enhance the pharmaceutical supply chain by addressing existing inadequacies and fostering a transparent ecosystem. It is committed to implementing advanced technologies and high-standard processes within its supply chain management facilities to improve the overall pharmaceutical landscape.

Sona BLW Precision Forgings

Private Equity Round in 2013
Sona BLW Precision Forgings is an automotive technology company based in India, specializing in the design, manufacture, and supply of high-quality automotive components. The company focuses on precision forged bevel gears, differential case assemblies, conventional and micro-hybrid starter motors, and electric vehicle traction motors for various applications. Sona BLW Precision Forgings organizes its operations under a single business segment, Automotive Components, and generates a significant portion of its revenue from international markets.

Genesis Colors

Private Equity Round in 2013
Genesis Colors Limited, established in 1998 and based in Gurugram, India, is a prominent player in the fashion industry, specializing in the design, manufacture, and distribution of a diverse range of apparel and lifestyle products. The company is well-known for its iconic Indian brand, Satya Paul, which has redefined the traditional sari with innovative designs and vibrant colors. In addition to sarees, Genesis Colors offers premium lingerie, ready-to-wear clothing, footwear, accessories, and various lifestyle products. The company also holds marketing and distribution rights for several international luxury brands, including Paul Smith, Bottega Veneta, Jimmy Choo, and Michael Kors, among others. Its products are distributed through boutiques, multi-brand stores, and shop-in-shops across major cities in India, ensuring a wide reach and variety for consumers. Genesis Colors operates with a focus on creativity and quality, supported by a team of experienced designers producing items that cater to evolving fashion trends and customer preferences.

DiagnoSearch Life Sciences

Private Equity Round in 2009
DiagnoSearch Life Sciences Pvt Ltd. is a contract research organization based in Mumbai, India, specializing in clinical research management and monitoring solutions for biopharmaceutical and biotech companies both domestically and internationally. Founded in 1996, the company offers a comprehensive range of services that encompass Phase I to IV clinical trials, including clinical operations, medical affairs, safety management, laboratory services, data management, biostatistics, quality assurance, regulatory affairs, and rescue services. Additionally, DiagnoSearch is involved in specific therapeutic areas such as vaccine development, diabetes, and cardiovascular diseases, providing expertise in clinical data analytics and risk management. The company, which was previously known as IGATE Clinical Research International Private Limited, rebranded in April 2008 and continues to support its clients with robust clinical trial capabilities.

Samson Maritime

Private Equity Round in 2008
Samson Maritime Limited is a provider of marine support services for the oil and gas industry in India, established in 1994 and headquartered in Mumbai. The company specializes in offering platform supply vessels and offshore supply vessel services, which include the transportation of oil, water, cement, and other materials to offshore rigs, personnel transfers, emergency evacuations, and medical assistance. Additionally, Samson Maritime provides anchor handling tug services, assisting with rig movements, towing, and anchor operations. The company also manages Single Point Mooring (SPM) terminals, offering operations, maintenance, inspection, and repair services, along with air diving support and oil spill response. Furthermore, Samson Maritime engages in port and harbor services, which encompass berthing assistance, long-distance towage, and salvage operations. The company's site offices are strategically located in Sikka, Mundra, Paradip, Rabale, Surat, and Vadinar, facilitating its extensive service offerings across the region.

International Tractors

Private Equity Round in 2007
International Tractors Limited is a manufacturer based in Hoshiarpur, India, specializing in the development, production, and marketing of a diverse range of tractors aimed at the agricultural sector. Founded in 1995, the company offers a variety of tractors, including garden, utility, and agricultural models, along with implements such as disc harrows, cultivators, and ploughs. In addition to its core products, International Tractors provides troubleshooting and support services to enhance customer experience. The company serves a global clientele through a network of distributors and dealers, addressing the increasing demands for agricultural mechanization. As a subsidiary of the Sonalika Group, International Tractors remains committed to delivering competitive solutions in the farming industry.

Genesis Colors

Private Equity Round in 2006
Genesis Colors Limited, established in 1998 and based in Gurugram, India, is a prominent player in the fashion industry, specializing in the design, manufacture, and distribution of a diverse range of apparel and lifestyle products. The company is well-known for its iconic Indian brand, Satya Paul, which has redefined the traditional sari with innovative designs and vibrant colors. In addition to sarees, Genesis Colors offers premium lingerie, ready-to-wear clothing, footwear, accessories, and various lifestyle products. The company also holds marketing and distribution rights for several international luxury brands, including Paul Smith, Bottega Veneta, Jimmy Choo, and Michael Kors, among others. Its products are distributed through boutiques, multi-brand stores, and shop-in-shops across major cities in India, ensuring a wide reach and variety for consumers. Genesis Colors operates with a focus on creativity and quality, supported by a team of experienced designers producing items that cater to evolving fashion trends and customer preferences.

LIC Housing Finance

Post in 2006
LIC Housing Finance, founded in 1989, is a housing finance company based in India that specializes in providing long-term loans to individuals for the purchase or construction of residential properties, including houses and flats. The company also offers financing for the repair and renovation of existing homes. Additionally, it extends financial support against existing properties for personal or business needs. LIC Housing Finance caters to professionals by offering loans for the construction or purchase of clinics, nursing homes, diagnostic centers, and office spaces, as well as for the acquisition of necessary equipment. Furthermore, it provides long-term financing to builders engaged in residential construction intended for sale.

GMR Group

Private Equity Round in 2006
GMR Infrastructure Limited is a prominent infrastructure development firm based in New Delhi, India, focused on various sectors including airports, energy, highways, and urban infrastructure. The company engages in engineering, procurement, and construction activities, while also developing, maintaining, and operating airport infrastructure and special economic zones. GMR Infrastructure operates international airports under a build, own, operate, and transfer model and is involved in power generation, coal mining, and energy trading. Additionally, the firm develops highways through a build, operate, and transfer model and provides EPC solutions in the infrastructure domain. GMR Infrastructure also invests in urban infrastructure and manages hotels, while its subsidiary, GMR Energy Limited, develops diverse power generation projects that include coal, gas, and renewable energy sources. Established in 1996, GMR Infrastructure Limited emphasizes quality and operational efficiency across its projects, while also engaging in social responsibility initiatives through the GMR Varalakshmi Foundation, which focuses on education, health, and community development.

Electrosteel Steels

Private Equity Round in 2006
Electrosteel owns and operates an integrated steel manufacturing facility of 1.5 milliion tonne per annum.

The South Indian Bank

Post in 2006
The South Indian Bank Limited is a prominent banking institution in India, founded in 1929 and headquartered in Thrissur, Kerala. It operates through several segments including Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations. The bank offers a wide range of personal banking products such as savings accounts, term deposits, and various types of loans, including personal, car, home, and educational loans. Additionally, it provides insurance products covering life, health, and general insurance. The South Indian Bank also facilitates money transfer services, credit and debit cards, and online banking, while catering to the needs of non-resident Indians with specialized banking services. On the business banking front, it provides essential services such as working capital loans, merchant acquiring services, and tailored current accounts. As of March 31, 2020, the bank had a robust network of 935 branches and 1,424 ATMs across India, solidifying its position as one of the leading private sector banks in the region.

Spandana Sphoorty

Private Equity Round in 2006
Spandana Sphoorty Financial Limited is a microfinance company based in Hyderabad, India, that specializes in providing financial services to low-income households. Founded in 1998, the company primarily focuses on offering income generation loans under the joint liability group model, with a strong emphasis on empowering women engaged in entrepreneurial activities. In addition to these loans, Spandana Sphoorty provides various financial products, including loans against property, gold loans for agricultural and business purposes, and interim loans, catering to both urban and rural clients. By facilitating access to credit for those who typically lack it from formal financial channels, Spandana Sphoorty aims to enhance financial security and improve the quality of life for its customers.

Enrich Salon

Private Equity Round in 2006
Enrich Salons, founded in 1997, operates a chain of unisex salons across Mumbai, Pune, Bengaluru, and other cities in India. The salons provide a wide range of hair and skin care services, including hair washing, deep conditioning, styling, coloring, and various treatments for hair and scalp issues. Additionally, they offer skin care services such as facials, clean-ups, and body spa therapy, along with manicures, pedicures, and bridal packages. Enrich Salons emphasizes training for beginners and professionals in the beauty industry. The company has established partnerships with renowned brands and has received several accolades for its services, including recognition for best practices in human resources and digital marketing. With a commitment to entrepreneurship and growth, Enrich Salons serves approximately one hundred thousand customers each month across its fifty-four locations, making it one of the largest salon chains in the region.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.