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JM Financial

7th Floor, Cnergy, Appasaheb Marathe Marg, Mumbai, Maharashtra, 400025, India

Overview

Integrated financial services group for diverse clientele.

Founded

1973

Deals ยท 12mo

2

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series A
Series B

Geographic focus

India

Sector focus

Asset Management
Banking
Crowdfunding
Finance
...

Investment portfolio

8rounds
NAMEDATESIZE
Mensa Brands
Apr 2026Led
$32 MDebt
BigHaat
Nov 2025Led
$4 MSeries C
Raise Financial Services
Oct 2025Participated
$120 MSeries B
Rice Parent Co
Oct 2025Participated
$120 MSeries B
WeWork India
Oct 2025Participated
$152 MOther Equity
BALWAAN Agri
Jun 2024Led
$5 MSeries A
Seekho
Mar 2022Led
$3 MSeries A
Faircent
Jan 2018Participated
$4 MOther Equity
Mensa Brands
Apr 2026Led
$32 MDebt
BigHaat
Nov 2025Led
$4 MSeries C
Raise Financial Services
Oct 2025Participated
$120 MSeries B
Rice Parent Co
Oct 2025Participated
$120 MSeries B
WeWork India
Oct 2025Participated
$152 MOther Equity
BALWAAN Agri
Jun 2024Led
$5 MSeries A
Seekho
Mar 2022Led
$3 MSeries A
Faircent
Jan 2018Participated
$4 MOther Equity
8
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

JM Financial: 8 funding rounds are recorded in the selected participation categories.All available history.
JM Financial: 8 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A20
Series B02
Series C+10
Other Equity02
Debt10

Monthly Deal Activity

JM Financial: 8 deals are recorded across 106 months.All available history.
JM Financial: 8 deals are recorded across 106 months. All available history
MonthDeals
Jan '181
Feb '180
Mar '180
Apr '180
May '180
Jun '180
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '241
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '253
Nov '251
Dec '250
Jan '260
Feb '260
Mar '260
Apr '261
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

JM Financial: Fintech is the largest displayed sector by deal count (4 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

JM Financial: Fintech is the largest displayed sector by deal count (4 deals). All available history
SectorDeals
Fintech4
E-Commerce & Retail3
Food & Agriculture2
Professional Services2
Education & Workforce1
Manufacturing1
Real Estate & Construction1

Deal Size Distribution

JM Financial: 8 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

JM Financial: 8 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M4
$5M-$10M0
$10M-$25M0
$25M-$50M1
$50M-$100M0
$100M-$250M3
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

JM Financial: India has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

JM Financial: India has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
India7
United States1
JM Financial: 20 co-investors are shown, with Hornbill Capital sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

JM Financial: 20 co-investors are shown, with Hornbill Capital sharing 2 recorded deals. All available history
Co-investorShared deals
Hornbill Capital2
360 ONE Asset1
3one4 Capital1
Aarin Capital1
Adiko Holdings1
Aditya Birla Sun Life AMC1
Allianz1
Amundi1
Ashoka Whiteoak1
Axis Mutual Fund1
Bank of India MF1
Batext1
Beenext1
BNP Paribas1
Canara HSBC Life Insurance1
DSP Family Office1
Edelweiss1
Goldman Sachs1
HDFC Asset Management1
HDFC Standard Life Insurance1

Investment Strategy

JM Financial: Led accounts for 50% and participating for 50% of round participation.All available history.
JM Financial: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led450%
Participating450%
JM Financial: Single-lead accounts for 75% and co-led for 25% of lead dynamics.All available history.
JM Financial: Single-lead accounts for 75% and co-led for 25% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead375%
Co-led125%

Team

Ajay Manglunia

Managing Director

Anil Salvi

MD & Group Head - Human Resources

Darius Pandole

CEO & Managing Director

Dipti Neelakantan

Group Chief Operating Officer

Pallav Sinha

CEO Retail Financial Services

Vishal Kampani

Managing Director