JM Financial

JM Financial Limited is an integrated financial services firm based in Mumbai, India, offering a diverse array of financial products and services to corporations, financial institutions, high-net-worth individuals, and retail investors. Established in 1973, the company operates through several segments, including Investment Banking, Wealth Management, Mortgage Lending, Distressed Credit, and Asset Management. Its Investment Banking segment focuses on capital markets transactions, mergers and acquisitions, and private equity syndication, while also providing investment advisory and distribution services. The Wealth Management segment offers equity brokerage and capital market lending. In Mortgage Lending, JM Financial finances commercial and residential real estate for various clients, including housing finance and education institutions. The Distressed Credit segment specializes in the securitization and reconstruction of financial assets. Lastly, the Asset Management segment manages mutual fund assets and provides a range of investment options tailored to institutional clients and high-net-worth individuals.

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

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 specializes in men's apparel, offering a range of stylish and affordable clothing options. The company focuses on creating fashion for curious men, with a particular emphasis on fine shirts suitable for work. The Bear House also features a curated collection of shoes and loafers, blending comfort and fashion. The company operates an online store where customers can explore and purchase their products.

Zoff

Series A in 2024
ZOFF specializes in the production and distribution of a wide variety of spices, dry fruits, seasonings, and immunity-boosting food products. The company is known for its high-quality offerings, which include popular items such as Turmeric Powder, Cumin Seeds, and Red Chili Powder, catering to diverse culinary preferences. Their Garam Masala is a favored blend used in Indian cuisine, while other products like Coriander Powder, Black Pepper, Mustard Seeds, and Fenugreek Seeds enhance various dishes with unique flavors. ZOFF emphasizes delivering spices in their purest and freshest form, ensuring that consumers benefit from the full flavor and health properties of these ingredients until they are ready to use them.

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 platform based in Bangalore, India, focused on providing farmers with access to quality agricultural products, including seeds, plant protection, plant nutrition, and agri-implements. Launched in 2015, BigHaat collaborates with various seed suppliers across the country to offer a transparent and competitive marketplace for seed buyers. The platform facilitates online product listings and connects buyers with suppliers, ensuring post-sale support and a seamless user experience. By bridging the gap between sellers and buyers in the agricultural sector, BigHaat enhances operational efficiency and productivity for all stakeholders involved in the agri-value chain, ultimately helping farmers improve their yields 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 of packaging solutions specializing in folding cartons and other packaging products. The company serves various sectors, including fashion, retail, fast-moving consumer goods (FMCG), and industrial markets. Canpac Trends designs and produces a diverse range of products, such as corrugated boxes, paper bags, flexible laminates, and luxury boxes. By offering these packaging solutions, the company helps clients ensure that their items are effectively protected throughout the supply chain process.

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 produces 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 specializes in instant commerce through innovative vending machine solutions focused on food, beverages, and related categories. The company aims to enhance everyday convenience by offering a diverse selection of products, including snacks, drinks, teas, coffees, health items, personal care products, and pantry supplies. By leveraging creative technology, Vendiman strives to deliver a streamlined retail experience that prioritizes customer service and operational excellence, making it easier and safer for consumers to access essential items.

Innovcare Lifesciences

Private Equity Round in 2019
Innovcare Lifesciences Pvt. Ltd., founded in 2014 and based in Navi Mumbai, India, specializes in the development and production of nutraceuticals, cosmeceuticals, and functional foods. The company aims to provide effective and innovative healthcare solutions that support human health, particularly in the areas of arthritis care, pain management, women's health, and skin and hair care. Through its focus on research and evidence-based results, Innovcare Lifesciences markets a range of branded products designed to protect and enhance health against lifestyle-related diseases, offering additional health benefits beyond basic nutritional value.

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 operates a peer-to-peer lending platform that connects borrowers directly with lenders, bypassing traditional financial intermediaries like banks. By eliminating the high margins that banks typically charge due to their significant overhead costs, Faircent offers a more cost-effective solution for both parties. Borrowers benefit from lower interest rates, while lenders can achieve better returns on their investments compared to conventional savings accounts. The platform facilitates a virtual marketplace where users can negotiate loan terms and conditions directly, fostering a more straightforward and efficient lending process.

Spandana Sphoorty

Venture Round in 2017
Spandana Sphoorty Financial Limited is a microfinance company based in Hyderabad, India, that focuses on providing financial services to low-income households in both urban and rural areas. Established in 1998, the company primarily offers income generation loans through a joint liability group model, predominantly targeting women engaged in entrepreneurial activities. This approach aims to enhance financial security, empower women, and improve the quality of life for their families. In addition to micro-loans, Spandana Sphoorty provides various financial products, including loans against property, gold loans for agricultural and business needs, and interim loans to address short-term liquidity requirements. The company's operations are designed to bridge the gap for clients who lack access to traditional credit sources.

Vendiman

Venture Round in 2017
Vendiman specializes in instant commerce through innovative vending machine solutions focused on food, beverages, and related categories. The company aims to enhance everyday convenience by offering a diverse selection of products, including snacks, drinks, teas, coffees, health items, personal care products, and pantry supplies. By leveraging creative technology, Vendiman strives to deliver a streamlined retail experience that prioritizes customer service and operational excellence, making it easier and safer for consumers to access essential items.

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 offering a variety of housing loans, including those for the purchase, construction, extension, and renovation of residential properties. In addition to traditional home loans, India Home Loan Limited provides loans against existing self-occupied residential properties and project loans, catering to both individual and family needs. The company's revenue primarily comes from the interest generated on these loans. India Home Loan Limited aims to support diverse housing needs, including affordable housing and loans for non-resident Indians (NRIs).

Faircent

Series A in 2016
Faircent operates a peer-to-peer lending platform that connects borrowers directly with lenders, bypassing traditional financial intermediaries like banks. By eliminating the high margins that banks typically charge due to their significant overhead costs, Faircent offers a more cost-effective solution for both parties. Borrowers benefit from lower interest rates, while lenders can achieve better returns on their investments compared to conventional savings accounts. The platform facilitates a virtual marketplace where users can negotiate loan terms and conditions directly, fostering a more straightforward and efficient lending process.

Ascent Health & Wellness Solutions

Private Equity Round in 2016
Ascent Health & Wellness Solutions is a group of youthful and experienced individuals, aiming at improving and enhancing the supply-chain of pharmaceutical products.Their mission is to remove all the inadequacies in the current supply chain and create an ideal and transparent ecosystem.Their vision is to ensure world's best technologies and highest degree processes are implemented at our supply chain management facilities to elevate the entire Pharma ecosystem.

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 known for its well-established brands, including Satya Paul, renowned for its innovative sarees and vibrant prints, and Bwitch, which focuses on premium lingerie. Genesis Colors also holds the marketing and distribution rights for several international luxury labels, including Paul Smith, Bottega Veneta, Jimmy Choo, Armani, Furla, Tumi, Crabtree & Evelyn, and Michael Kors. Products are distributed through boutiques, multi-brand stores, and shop-in-shops across major cities in India, catering to various consumer preferences. The company prides itself on its modern design studio, where experienced in-house designers create a compelling array of garments and accessories that blend traditional and contemporary styles.

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 both domestic and international clients. Established in 1996 and formerly known as IGATE Clinical Research International Private Limited, the company offers a comprehensive range of services supporting clinical trials from Phase I to IV. These services include clinical operations, medical affairs, safety management, laboratory services, data management, biostatistics, quality assurance, regulatory affairs, and specialized rescue services. DiagnoSearch Life Sciences caters primarily to biopharmaceutical and biotech companies, delivering expertise in various therapeutic areas, including vaccine research and trials related to diabetes and cardiovascular diseases.

Samson Maritime

Private Equity Round in 2008
Samson Maritime Limited provides marine support services primarily to the oil and gas industry in India. Established in 1994 and based in Mumbai, the company operates a fleet of platform supply and offshore supply vessels that facilitate the transportation of essential materials such as oil, water, and cement to offshore rigs. Their services include personnel transfers, emergency evacuations, medical assistance, and routine safety surveillance. Additionally, Samson Maritime offers anchor handling tug services, which support rig moves and towing operations, as well as firefighting and medical evacuation services. The company also manages single point mooring (SPM) terminals, providing operation, maintenance, and inspection services. Other offerings encompass port and harbor services, including berthing assistance for vessels, long-distance towage, and salvage operations. With site offices situated in various strategic locations across India, Samson Maritime aims to deliver reliable and efficient marine support to enhance offshore exploration and production activities.

International Tractors

Private Equity Round in 2007
International Tractors Limited is based in Hoshiarpur, India, and specializes in the development, manufacture, and marketing of tractors aimed at the farming community. The company offers a diverse range of products, including garden, utility, and agricultural tractors, as well as various implements such as disc harrows, cultivators, and ploughs. Additionally, International Tractors provides troubleshooting and support services to its customers. As a subsidiary of the Sonalika Group, the company serves a global market through a network of distributors and dealers, addressing the growing demands of agricultural mechanization with competitive pricing and a wide array of machinery, including multi-utility vehicles and farm machinery attachments.

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 known for its well-established brands, including Satya Paul, renowned for its innovative sarees and vibrant prints, and Bwitch, which focuses on premium lingerie. Genesis Colors also holds the marketing and distribution rights for several international luxury labels, including Paul Smith, Bottega Veneta, Jimmy Choo, Armani, Furla, Tumi, Crabtree & Evelyn, and Michael Kors. Products are distributed through boutiques, multi-brand stores, and shop-in-shops across major cities in India, catering to various consumer preferences. The company prides itself on its modern design studio, where experienced in-house designers create a compelling array of garments and accessories that blend traditional and contemporary styles.

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
South Indian Bank Limited is a prominent financial institution in India, established in 1929 in Thrissur, Kerala, during the Swadeshi movement. The bank offers a wide range of banking products and services through various segments, including Treasury, Corporate/Wholesale Banking, and Retail Banking. Its personal banking services encompass savings accounts, term deposits, and multiple loan options such as personal, home, car, and educational loans. Additionally, the bank provides insurance products, money transfer services, and various value-added services, including mobile and internet banking. For non-resident Indians (NRI), South Indian Bank offers specialized accounts and loan products. The business banking segment includes a variety of accounts, loans, and merchant acquiring services. As of 2020, the bank operated a network of 935 branches and 1,424 ATMs/CRMs, making it one of the largest private sector banks in India. Throughout its history, South Indian Bank has been a pioneer in various banking practices, including becoming the first private sector bank in Kerala to open a Currency Chest and implement a Core Banking System.

Spandana Sphoorty

Private Equity Round in 2006
Spandana Sphoorty Financial Limited is a microfinance company based in Hyderabad, India, that focuses on providing financial services to low-income households in both urban and rural areas. Established in 1998, the company primarily offers income generation loans through a joint liability group model, predominantly targeting women engaged in entrepreneurial activities. This approach aims to enhance financial security, empower women, and improve the quality of life for their families. In addition to micro-loans, Spandana Sphoorty provides various financial products, including loans against property, gold loans for agricultural and business needs, and interim loans to address short-term liquidity requirements. The company's operations are designed to bridge the gap for clients who lack access to traditional credit sources.

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.