Nuvama Wealth and Investment
Nuvama Wealth and Investment is an Indian brokerage firm providing stock broking, equity research, ratings, and investment advisory services to institutional and retail investors across multiple sectors.
- Company typePrivate
- Founded2008
- HeadquartersMumbai, India
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
What Nuvama Wealth and Investment does
Nuvama Wealth and Investment Limited (formerly Edelweiss Broking, rebranded in 2025) is an Indian private brokerage and investment advisory firm headquartered in Mumbai. The company provides stock broking, mutual fund distribution, investment management, and broader financial services, issuing buy/sell/hold ratings, price targets, and sector reports covering Indian equities across IT services, banking, auto, FMCG, pharma, infrastructure, and energy. Coverage extends across all top-10 Indian IT services companies with buy ratings, supported by analyst teams producing research distributed via major Indian financial media outlets and direct institutional sales channels.
Nuvama Wealth and Investment firmographics
Firmographics- Name
- Nuvama Wealth and Investment
- Legal name
- Nuvama Wealth and Investment Limited
- Website
- https://nuvamawealth.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- Nuvama Wealth and Investment is an Indian brokerage firm providing stock broking, equity research, ratings, and investment advisory services to institutional and retail investors across multiple sectors.
- Ownership category
- akta.pro rank
Nuvama Wealth and Investment industry classification
Industry- Product category
- Securities Brokerage
- NAICS
- Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industry
- Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)
Keywords
Where Nuvama Wealth and Investment is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Markets served
Nuvama Wealth and Investment business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D, Infrastructure
Revenue model
- Brokerage and Securities Services: Nuvama operates as a brokerage and investment research firm, generating revenue through securities trading, brokerage commissions, and investment advisory services. The company issues stock ratings, price targets, and research reports on Indian equities.
- Investment Banking and Advisory: Revenue generated from investment banking activities including advisory services, IPO participation, and capital market transactions. Nuvama has been involved in secondary market transactions and IPO-related activities.
Go-to-market motion2 records
Distribution channels2 records
Marketing channels3 records
Nuvama Wealth and Investment product offering
Product offeringCore offering
Nuvama Wealth and Investment Limited (formerly Edelweiss Broking) is an Indian brokerage firm offering stock broking, mutual fund distribution, investment management, and investment advisory services. The firm provides institutional and retail investors with stock recommendations, ratings, and price targets across Indian equities, and engages in investment banking and advisory activities including IPO participation and secondary market transactions.
Product overview
Nuvama Wealth and Investment Limited (formerly Edelweiss Broking) is a brokerage and investment advisory firm that provides stock recommendations, ratings, and price targets to investors. The company offers institutional equities research and brokerage services across various sectors including banking, auto, IT services, FMCG, pharmaceuticals, and consumer goods. Based on the available source material, no specific branded products, modules, or distinct platform offerings were identified.
Differentiator
Problem solved
Functional benefit
Products and services
- Stock Broking Services Securities trading and brokerage execution services for clients trading Indian equities.
- Investment Research and Recommendations Independent equity research, stock ratings, price targets, and sector-specific analysis covering Indian listed companies across IT, banking, FMCG, pharma, auto, infrastructure, and energy.
- Mutual Fund Distribution Distribution of mutual fund products to investors across India.
- Investment Management Services Investment management and portfolio advisory services offered to clients.
- Investment Advisory Services Investment advisory services for institutional and retail clients, including portfolio guidance informed by proprietary research.
- Investment Banking and Advisory Investment banking activities including advisory services, IPO participation, and capital market transactions for corporate clients.
Quantifiable outcome
- Coverage of all top-10 Indian IT services companies with buy ratings
- +1 more outcomes
Companies that use Nuvama Wealth and Investment
Customer profileSegments2 records
Ideal customer profiles2 records
Nuvama Wealth and Investment technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Nuvama Wealth and Investment partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Jane StreetminorNuvama served as Jane Street's local trading partner in India. The Income Tax Department conducted search operations at Nuvama Wealth in connection with the Jane Street market manipulation case. SEBI's investigation revealed alleged manipulative trading strategies on index expiry days.
Scale indicators7 records
Recent moves5 records
Expansion highlights4 records
Nuvama Wealth and Investment competitors and assessment
Company assessmentDirect peers
- Anand Rathi Wealth: Indian wealth management and financial services firm with strong distribution, brokerage, and investment advisory operations. Comparable in wealth management, mutual fund distribution, and institutional research.
- Axis Securities: Axis Bank-affiliated Indian brokerage offering equity broking, research, and wealth management products. Comparable across retail broking, institutional research, and investment advisory services.
- HDFC Securities: HDFC Group-affiliated Indian brokerage providing equity trading, research, and investment advisory to retail and institutional clients. Comparable across brokerage services, research distribution, and wealth management offerings.
- Sharekhan: BNP Paribas-affiliated Indian retail and institutional brokerage providing equity trading, research, and advisory services. Comparable in trading platform, research distribution, and customer segments.
- ICICI Securities: Bank-affiliated Indian securities firm offering institutional broking, investment banking, and retail wealth management. Directly comparable to Nuvama in institutional equity research, IPO advisory, and retail broking.
- Motilal Oswal Financial Services: Indian full-service brokerage and wealth management firm offering stock broking, institutional research, investment banking, and asset management. Closely comparable to Nuvama across brokerage, research distribution, and investment banking business lines.
- Kotak Securities: Kotak Mahindra Group's brokerage arm offering trading, research, and investment services across Indian equities. Direct competitor to Nuvama in institutional and retail brokerage with overlapping sector research coverage.
Emerging players
- 5paisa Capital: Tech-driven Indian discount broker providing trading, mutual fund distribution, and research access. Partial overlap with Nuvama's retail brokerage and mutual fund distribution businesses.
- Zerodha: India's largest discount broker by active clients, offering low-cost trading and a growing mutual fund platform. Competes for retail flow that Nuvama also serves, though with a different cost structure.
Broad incumbents
- JM Financial: Diversified Indian financial services group spanning investment banking, institutional brokerage, asset management, and wealth management. Broader incumbent with overlapping brokerage and investment banking capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks4 records
Key highlights6 records
Customer concentration
Nuvama Wealth and Investment social profiles
Digital presenceNuvama Wealth and Investment financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nuvama Wealth and Investment leadership team
Management profileNumber of profiles
Nuvama Wealth and Investment funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nuvama Wealth and Investment M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nuvama Wealth and Investment
What does Nuvama Wealth and Investment do?
Nuvama Wealth and Investment Limited (formerly Edelweiss Broking) is an Indian brokerage firm offering stock broking, mutual fund distribution, investment management, and investment advisory services. The firm provides institutional and retail investors with stock recommendations, ratings, and price targets across Indian equities, and engages in investment banking and advisory activities including IPO participation and secondary market transactions.
Is Nuvama Wealth and Investment a public or private company?
Nuvama Wealth and Investment is a private company. It is classified as unknown and is currently operating.
When was Nuvama Wealth and Investment founded?
Nuvama Wealth and Investment was founded in 2008. It employs 1,001 to 5,000 people.
Where is Nuvama Wealth and Investment based?
Nuvama Wealth and Investment is headquartered in Mumbai, India, in the Asia region.
How does Nuvama Wealth and Investment make money?
Two revenue lines are on record. Brokerage and Securities Services are the primary driver. The others are investment Banking and Advisory.
Who are Nuvama Wealth and Investment's main competitors?
Direct peers on record are Anand Rathi Wealth, Axis Securities, HDFC Securities, Sharekhan, ICICI Securities, Motilal Oswal Financial Services and Kotak Securities. Emerging players are 5paisa Capital and Zerodha. JM Financial is listed as a broad incumbent.
Does Nuvama Wealth and Investment have an API?
No public API is recorded for Nuvama Wealth and Investment.
What industry is Nuvama Wealth and Investment in?
Nuvama Wealth and Investment's product category is Securities Brokerage. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAAACAC, Portfolio Management–Led RIAs (Discretionary/Model-Based). Its NAICS code is 523940 and its SIC code is 6282.