MAPE Advisory Group
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
Where MAPE Advisory Group is headquartered
LocationHeadquarters
- 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 offeringCore 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 profileNamed customers11 records
Segments8 records
Ideal customer profiles3 records
MAPE Advisory Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MAPE Advisory Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- International Bank Alliances NetworkcoreMAPE 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 assessmentDirect 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 social profiles
Digital presenceMAPE Advisory Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
MAPE Advisory Group leadership team
Management profileNumber of profiles
Profiles2 records
MAPE Advisory Group funding detail
Funding detailFunding 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 investmentM&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?
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.
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.