MAPE Advisory Group

Investment Banking Advisorymapegroup.com

MAPE Advisory Group is a privately-held Indian investment banking boutique founded in 2001, headquartered in Bangalore with offices in Mumbai and Chennai, providing M&A and Private Equity advisory services exclusively to mid-market and large Indian corporates through senior banker-led, relationship-driven engagement.

Company typePrivate
Founded2001
HeadquartersBangalore, India
Headcount11–50
GTM typeB2B
OfferingServices

What MAPE Advisory Group does

MAPE Advisory Group Pvt. Ltd. is a privately-held Indian investment banking boutique founded in 2001 and headquartered in Bangalore, with additional offices in Mumbai and Chennai. The firm is exclusively focused on M&A and Private Equity advisory for mid-market public and private companies, and is led by co-founders Ramprasad M (Executive Chairman) and Jacob Mathew (Managing Director), both former senior investment bankers at DSP Merrill Lynch with 20+ years of transaction experience each. MAPE has been consistently ranked among the top ten investment banks in India by Bloomberg for number of transactions from 2001 to 2013, and publicly claims a deal velocity of approximately one transaction per month since inception, with a particular reputation for closing "difficult" deals.

The firm's service portfolio spans five core lines: M&A advisory (buyside and sellside, including complex cross-border transactions), Private Equity syndication, Debt Solutions (restructuring and capital raising), Real Estate Financing, and Equity Capital Markets. Revenue is generated entirely through transaction-based advisory fees, with no proprietary technology platform or AI/ML capabilities disclosed. The client base includes leading Indian business houses and corporates such as TATA Group, Godrej Industries, Mahindra Group, Wipro, Dr. Reddy's Laboratories, Larsen & Toubro, Indian Oil Tanking, CRISIL, Coffee Day, and CAMS, with more recent transactions including the 2020 Coffee Day Global Village divestiture, the 2019 CAMS Private Equity syndication from Warburg Pincus and Faering Capital, and the 2019 sale of Mirlay Eye Care to Dr. Agarwal's Eye Hospital.

MAPE's go-to-market is exclusively relationship-driven: senior bankers engage directly with corporate leadership through established networks, supported by a vast alliance network of international banks for cross-border execution. The firm does not run broad marketing campaigns and instead relies on professional referrals, Bloomberg ranking visibility, and the personal track records of its founding partners. Headcount is reported in the 11-50 range, and the firm is founder-owned and managed with no disclosed external institutional investors, parent company, or funding rounds. In 2015 the firm made a notable principal investment in NetMeds, a yet-to-launch online pharmacy startup, signaling selective opportunistic capital deployment beyond pure advisory mandates.

MAPE Advisory Group firmographics

Firmographics

Name: MAPE Advisory Group
Legal name: MAPE Advisory Group Pvt. Ltd.
Website: https://mapegroup.com
Company type: Private
Founded year: 2001
Operating status: Operating
Headcount range: 11–50 employees
Short description: MAPE Advisory Group is a privately-held Indian investment banking boutique founded in 2001, headquartered in Bangalore with offices in Mumbai and Chennai, providing M&A and Private Equity advisory services exclusively to mid-market and large Indian corporates through senior banker-led, relationship-driven engagement.
Ownership category
akta.pro rank

MAPE Advisory Group industry classification

Industry

Product category: Investment Banking Advisory
NAICS: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
SIC: Security Brokers, Dealers & Flotation Companies (6211)
akta.pro primary industry: M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)
akta.pro secondary industries: Corporate Finance & Capital Advisory (BPAHADAB), Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

Keywords

Investment banking advisory
Mergers and acquisitions
Private equity syndication
Debt restructuring
Capital raising advisory

Where MAPE Advisory Group is headquartered

Location

Headquarters

HQ city: Bangalore
HQ country: India
HQ region: Asia

Offices3 records

Markets served

MAPE Advisory Group business model

Business model

GTM type: B2B
Offering type: Services
Cost components: Personnel, Operations, Infrastructure, Marketing or Sales, Others

Revenue model

M&A Advisory: Transaction-based advisory fees from buy-side and sell-side M&A mandates. Revenue earned upon successful deal closure, aligning firm incentives with client outcomes.
Private Equity Syndication: Advisory fees and success fees from PE syndication and capital raising transactions for corporations and entrepreneurs.
Debt Solutions: Advisory fees from debt restructuring, capital raising and financing mandates.
Real Estate Financing: Advisory fees from real estate project financing through private equity or debt arrangements, including strategic partnership advisory.

Pricing tiers

Model	Billing	Price
Transaction based/ take rate	Multi-year contract	Transaction-based advisory mandates

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

MAPE Advisory Group product offering

Product offering

Core offering

MAPE Advisory Group provides corporate finance advisory services including buy-side and sell-side M&A advisory, private equity syndication, debt restructuring, real estate financing, and equity capital markets transactions. The firm focuses exclusively on the mid-market segment in India, leveraging senior banker expertise and an international bank alliance network to execute complex cross-border transactions for Indian corporates.

Product overview

MAPE Advisory Group operates as a single unified investment banking platform offering M&A and Private Equity advisory services. The company provides five core service offerings: Mergers and Acquisitions Advisory (buyside and sellside), Private Equity Syndication, Debt Solutions, Real Estate Financing, and Equity Capital Markets. These services are delivered by a team of seasoned investment bankers with bulge bracket experience, focused exclusively on the mid-market segment in India.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

1 deal per month closed since inception

Companies that use MAPE Advisory Group

Customer profile

Named customers11 records

Segments8 records

Ideal customer profiles3 records

MAPE Advisory Group technology and API

Technology

Technology focussed No

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

MAPE Advisory Group partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

International Bank Alliances NetworkcoreStrategic or Co-development Partner · 1 January 2001MAPE maintains a vast network of alliances with international banks in other geographies to execute complex cross-border M&A transactions for Indian clients. This alliance network enables the firm to provide seamless advisory services for transactions spanning multiple jurisdictions.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

MAPE Advisory Group competitors and assessment

Company assessment

Direct peers

Avendus Capital: One of India's largest M&A and PE advisory boutiques, offering buy-side, sell-side, and capital raising services to mid-market and large Indian corporates. Directly comparable to MAPE in scale, sector coverage, and exclusive focus on India advisory.
Centrum Capital: Indian financial services group offering investment banking, M&A advisory, and capital markets services to mid-market clients. Comparable in India focus and mid-market advisory footprint.
Spark Capital (India): Indian mid-market investment bank offering M&A advisory, PE syndication, and capital markets services, primarily to Indian corporates and entrepreneurs. Closely comparable in business model and mid-market positioning.
Jefferies India: Global boutique investment bank with an active India franchise covering M&A and capital markets advisory. Comparable mid-market boutique positioning with bulge bracket reach.
Evercore India: Global independent advisory firm with India M&A coverage. Comparable boutique model focused on high-quality M&A advisory, with cross-border reach similar to MAPE's alliance strategy.
o3 Capital: India-focused boutique M&A and PE advisory firm serving mid-market and growth-stage companies. Directly comparable in exclusive India focus, mid-market positioning, and relationship-led origination model.

Broad incumbents

Morgan Stanley India: Bulge bracket global investment bank with a strong India M&A presence. Competes with MAPE on larger India-related cross-border transactions.
Edelweiss Financial Services: Diversified Indian financial services platform with M&A advisory, capital markets, and PE capabilities. Overlaps with MAPE on advisory services but operates as a much broader financial services franchise.
JPMorgan India: Bulge bracket global investment bank with a large India M&A and capital markets franchise. Competes with MAPE for cross-border India mandates and increasingly for larger mid-market deals.

Emerging players

Veda Corporate Advisors: India-focused M&A advisory boutique serving mid-market companies. Comparable in exclusive India focus and mid-market positioning, with growing but smaller transaction footprint than MAPE.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

MAPE Advisory Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MAPE Advisory Group leadership team

Management profile

Number of profiles

Profiles2 records

MAPE Advisory Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

MAPE Advisory Group M&A and investment

M&A and investment

M&A

Investments71 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MAPE Advisory Group

What does MAPE Advisory Group do?

Is MAPE Advisory Group a public or private company?

MAPE Advisory Group is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was MAPE Advisory Group founded?

MAPE Advisory Group was founded in 2001. It employs 11 to 50 people.

Where is MAPE Advisory Group based?

MAPE Advisory Group is headquartered in Bangalore, India, in the Asia region.

How does MAPE Advisory Group make money?

Four revenue lines are on record. M&A Advisory is the primary driver. The others are private Equity Syndication, debt Solutions and real Estate Financing.

Who are MAPE Advisory Group's main competitors?

Direct peers on record are Avendus Capital, Centrum Capital, Spark Capital (India), Jefferies India, Evercore India and o3 Capital. Broad incumbents are Morgan Stanley India, Edelweiss Financial Services and JPMorgan India. Veda Corporate Advisors is listed as an emerging player.

Does MAPE Advisory Group have an API?

No public API is recorded for MAPE Advisory Group.

What industry is MAPE Advisory Group in?

MAPE Advisory Group's product category is Investment Banking Advisory. Its primary akta.pro industry code is BPAHAOAA, M&A Advisory (Buy-Side & Sell-Side), with a secondary code of BPAHADAB, Corporate Finance & Capital Advisory. Its NAICS code is 523 and its SIC code is 6211.