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#305 by ARRMaharashtra, INnuvama.com ↗

Nuvama Group

Indian integrated wealth management firm offering wealth, asset management, capital markets and asset services to HNIs, UHNWIs, families and institutions.

ARR
$387M revenue (est.)
as of Oct 2026
Employees
—
Valuation
$3.2B
8.3× ARR
ARR / employee
—
revenue efficiency
About Nuvama Group

Nuvama Group (Nuvama Wealth Management Ltd, formerly Edelweiss Wealth Management/Edelweiss Securities) is a Mumbai-based, NSE/BSE-listed firm. It provides wealth management, investment advisory, AIF/PMS asset management, institutional broking, investment banking and custody/clearing services to affluent and ultra-high-net-worth clients, wealthy families, corporates and institutional investors. It earns fees, brokerage and interest income. PAG has been the majority owner since 2021 (about 54.7%). It reported revenue of ₹2,901 crore and net income of ₹986 crore in FY2025, and AUM of about ₹4.6 trillion in June 2025.

Investors · 1

LeadPAGVenture capital3 partners on file
BoardPAGVenture capital· Aswin Vikram (Non-Executive (Nominee) Director, with PAG since November 2019)3 partners on file
BoardPAGVenture capital· Nikhil Kumar Srivastava (Partner, Co-Head of Private Equity (India) at PAG)3 partners on file
3 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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