FundedIQ
Financial Services

Equirus: Funding, Investors & Team (Aug 2026)

Equirus Capital, a mid- market, full service Financial Services provider, backed by prominent investors and founded in July 2007. Since then Equirus have been providing investment banking & related advisory services for Indian Corporates. Equirus has been a house banker for many of its clients providing for Private Equity, Mergers & Acquisitions, Equity Capital, Debt Capital and Structured Finance advisory. Over the last 13 years, Equirus has built impeccable credentials and market standing across domains and has created a niche for itself in its ability to structure and deliver transactions in-line with client requirements with closing over 150 successful transactions across Capital raising and M&A. Equirus has an Institutional equities arm and the Research house which covers more than 192 stocks across sectors and has created a niche for itself in an extremely competitive environment. It is increasingly getting identified as the go-to house for mid-caps companies amongst Domestic as well as foreign institutional investors. The Portfolio Management Services launched in 2016 has recorded an exceptional performance of its Equirus Long Horizon Fund since inception. Equirus has now forayed into the wealth business to offer investment solutions to high networth individuals (HNIs) and mass affluent clients. Equirus Wealth is a holistic Wealth Platform formed with the objective of providing Client Centric, Comprehensive and Transparent services for Individuals, Families and Corporates. Federal Bank has 20% Stake in Equirus Capital.

www.equirus.com LinkedIn Mumbai, India 51-100 employees
Banking Financial Services B2B B2C
Total raised
$14.9M
Rounds
1
Latest
Undisclosed round
Oct 2024

Equirus has raised $14.9M across 1 funding round on record, the most recent an undisclosed round of $14.9M announced in Oct 2024.

That round is in line with the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

Equirus Company Profile and Key Stats

Total funding raised
$14.9M
across 1 round on record
Funding rounds on record
1
Latest funding round
Undisclosed round
$14.9M in Oct 2024
Employees
51-100
reported band
Headquarters
Mumbai, India

Latest funding round on record: Oct 2024.

Equirus Funding Rounds

Date
Round
Amount
Undisclosed round
$14.9M

Equirus Founders and Leadership Team

Name
Role
Contact
Ajay Garg
Founder
Locked

Contact details for the Equirus team: 1 of 1 has an email address on file.

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Equirus Funding Compared to Other Financial Services Startups

Segment
Companies
Median round
3,220
$3.0M

Equirus' latest round of $14.9M is in line with the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Equirus in Financial Services and Mumbai

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Equirus Funding FAQs

What does Equirus do?

Equirus Capital, a mid- market, full service Financial Services provider, backed by prominent investors and founded in July 2007. Since then Equirus have been providing investment banking & related advisory services for Indian Corporates. Equirus has been a house banker for many of its clients providing for Private Equity, Mergers & Acquisitions, Equity Capital, Debt Capital and Structured Finance advisory. Over the last 13 years, Equirus has built impeccable credentials and market standing across domains and has created a niche for itself in its ability to structure and deliver transactions in-line with client requirements with closing over 150 successful transactions across Capital raising and M&A. Equirus has an Institutional equities arm and the Research house which covers more than 192 stocks across sectors and has created a niche for itself in an extremely competitive environment. It is increasingly getting identified as the go-to house for mid-caps companies amongst Domestic as well as foreign institutional investors. The Portfolio Management Services launched in 2016 has recorded an exceptional performance of its Equirus Long Horizon Fund since inception. Equirus has now forayed into the wealth business to offer investment solutions to high networth individuals (HNIs) and mass affluent clients. Equirus Wealth is a holistic Wealth Platform formed with the objective of providing Client Centric, Comprehensive and Transparent services for Individuals, Families and Corporates. Federal Bank has 20% Stake in Equirus Capital.

How much funding has Equirus raised?

Equirus has raised $14.9M across 1 round on record. The most recent is an undisclosed round of $14.9M announced in Oct 2024.

When did Equirus last raise funding?

Equirus' most recent funding round on record is an undisclosed round of $14.9M, announced in Oct 2024.

Who founded Equirus?

FundedIQ lists Ajay Garg (Founder) at Equirus.

Where is Equirus headquartered?

Equirus is based in Mumbai, Maharashtra, India.

How many employees does Equirus have?

Equirus is in the 51-100 employee band.

How does Equirus' funding compare to other Financial Services startups?

Equirus' latest round of $14.9M is in line with the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's Equirus Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Equirus is left off this page rather than filled in.

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