Singhi Advisors
Singhi Advisors is a privately-held Indian M&A and strategic advisory firm founded in 1989, serving mid-to-large corporates across 18 industry sectors with deal origination, cross-border execution, and corporate finance consulting through the Mergers Alliance global network spanning 20+ countries.
- Company typePrivate
- Founded1989
- HeadquartersMumbai, India
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Singhi Advisors does
Singhi Advisors is a privately-held, founder-led strategic M&A advisory firm headquartered in Mumbai, India, with additional offices in Delhi and Bengaluru. Founded in 1989 by Mahesh Singhi as Singhi & Associates and rebranded to its current name in 2023, the firm advises mid-to-large Indian and international corporates on buy-side and sell-side M&A, strategic advisory, business consulting, private equity placements, joint ventures, and corporate restructuring mandates. Over its 35+ year history, Singhi has executed more than 1,000 transactions spanning 18 industry sectors (including energy, building materials, healthcare, automotive components, specialty chemicals, packaging, infrastructure, IT/digital, and life sciences) and approximately $5 billion in cumulative deal value, with cross-border mandates delivered through its position as a key member of the Mergers Alliance global network of 20 investment banks, ~450 professionals, and 50 offices across 25 countries.
The firm operates a pure professional services model with no proprietary technology platform, API, or software product. Revenue is generated through success fees, advisory retainers, and project-based engagement fees typical of investment banking practice, with no publicly disclosed pricing. Its core services comprise three interconnected offerings: Mergers & Acquisitions Advisory (deal origination through execution and post-merger integration), Strategic Advisory & Business Consulting (sector expertise and market analysis), and Add-on Advisory (complementary mandates). Go-to-market is enterprise field sales driven by senior Partner-led origination, complemented by content marketing through the firm's Insights publication, participation in industry conferences (e.g., NextGen Chemicals & Petrochemicals Summit 2025), and earned media coverage of completed transactions. The firm's client roster includes Tata, Mahindra, Reliance, Adani, Birla, Godrej, Bajaj, Schaeffler, and BirlaNu, alongside rising-growth mandates from companies such as Bluspring Enterprises, Gravita India, and Waaree Renewables.
The firm is entirely founder-owned and managed, with no disclosed institutional or private equity ownership. Leadership comprises Founder & Managing Director Mahesh Singhi, Senior Partners Ajoy Lodha and Ashok Panjwani, Partners Sapna Seth, Ankur Gupta, and Deepak Ramani, and Directors Himanshu Parmar and Ritesh Regulapati. Recent strategic activity includes adding new senior hires (Ritesh Regulapati in 2022), deepening distressed/special situations capabilities, expanding cross-border deal flow (39th cross-border transaction in 2026 via ADM Group's acquisition of Thailand-based CCS Advance Tech), and securing 2025 recognition among the top Asia-Pacific M&A financial advisers by volume.
Singhi Advisors firmographics
Firmographics- Name
- Singhi Advisors
- Legal name
- Singhi Advisors
- Website
- https://singhi.com
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Singhi Advisors is a privately-held Indian M&A and strategic advisory firm founded in 1989, serving mid-to-large corporates across 18 industry sectors with deal origination, cross-border execution, and corporate finance consulting through the Mergers Alliance global network spanning 20+ countries.
- Ownership category
- akta.pro rank
Singhi Advisors industry classification
Industry- Product category
- Investment Banking
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Miscellaneous Intermediation (52391)
- SIC
- Finance Services (6199), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- M&A Advisory (Buy-Side & Sell-Side) (BPAHAOAA)
- akta.pro secondary industries
- Industry-Specialist / Sector-Focused M&A Advisory (FSAEAGAJ), Cross-Border M&A Advisory (FSAEAGAH), Equity Capital Advisory (Private Equity Placements, Growth Capital) (BPAHAOAE)
Keywords
Where Singhi Advisors is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices3 records
Markets served
Singhi Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- M&A Advisory Fees: Singhi Advisors generates revenue through success fees, advisory fees, and retainer arrangements for M&A transaction advisory, strategic consulting, and corporate finance services. The firm advises on buy-side and sell-side mandates across domestic and cross-border transactions.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Singhi Advisors product offering
Product offeringCore offering
Singhi Advisors is an independent investment banking firm delivering strategic global M&A advisory and corporate finance services to mid-to-large corporates. The firm advises on buy-side and sell-side mandates, cross-border deals, private equity placements, joint ventures, and strategic transformations across 18 industry sectors, leveraging the global Mergers Alliance network to access cross-border deal flow.
Product overview
Singhi Advisors operates as a unified strategic M&A advisory platform rather than a modular software product. The company offers three interconnected core services: Mergers & Acquisitions Advisory (deals from origination through execution and post-merger integration), Strategic Advisory & Business Consulting (sector expertise and analytical insights across 18 industry sectors), and Add-on Advisory services. The firm also leverages its membership in the Mergers Alliance global network to provide cross-border advisory capabilities across 20 countries. All services are delivered through direct client engagement by expert teams rather than through self-service software products.
Differentiator
Problem solved
Functional benefit
Products and services
- Mergers & Acquisitions Advisory
Quantifiable outcome
- Over 1000 completed transactions across 20+ countries and 18 industry sectors since 1989
- +2 more outcomes
Companies that use Singhi Advisors
Customer profileNamed customers7 records
Segments2 records
Ideal customer profiles1 record
Singhi Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Singhi Advisors partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mergers AlliancecoreSinghi Advisors is a key member of Mergers Alliance, a global network of 20 top investment banks with approximately 450 professionals operating across 50 offices in 25 countries. This partnership enables Singhi to provide clients with access to global deal flow, cross-border transaction capabilities, and international market expertise.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Singhi Advisors competitors and assessment
Company assessmentDirect peers
- Avendus Capital: India-headquartered independent investment bank with strong M&A advisory practice across mid-to-large Indian corporates. Most directly comparable mid-market boutique peer in India, with overlapping sector coverage and similar client profile.
- Kotak Mahindra Capital: Indian investment banking arm of Kotak Group with active M&A advisory across multiple sectors. Comparable client base of large Indian corporates and similar role in cross-border transactions.
- Axis Capital: Investment banking subsidiary of Axis Bank with M&A advisory across consumer, industrials, healthcare, and financial services. Comparable mid-to-large cap Indian M&A advisory mandate profile.
- JM Financial: Diversified Indian financial services group with investment banking division handling M&A, private equity placements, and strategic advisory. Comparable scope of services and target client profile in mid-cap Indian M&A.
- ICICI Securities: Full-service Indian investment bank with M&A advisory, ECM, and private equity placement capabilities. Active in similar mid-to-large cap Indian M&A mandates across diversified sectors.
- Spark Capital: India-based independent mid-market investment bank focused on M&A advisory and capital raising. Comparable mid-cap boutique positioning with overlapping sector coverage in industrials and consumer.
- Allegro Capital: India-domiciled mid-market M&A advisory boutique. Comparable firm size, deal-size focus, and target client profile in Indian cross-border and domestic M&A mandates.
Broad incumbents
- Ernst & Young (EY) — India M&A Advisory: Global Big 4 with substantial India M&A advisory practice, ranked alongside Singhi in Asia-Pacific M&A rankings. Comparable on deal volume but vastly larger in headcount and capability breadth (tax, consulting, transactions).
- Deloitte — India M&A Advisory: Big 4 advisory practice with significant India M&A and transaction services offering. Overlapping on mid-cap Indian M&A mandates but with broader integrated service portfolio.
- PwC — India M&A Advisory: Big 4 advisory firm with large India M&A practice, also ranked alongside Singhi in 2025 Asia-Pacific M&A volume rankings. Competes on mid-to-large cap mandates with broader integrated advisory offerings.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Singhi Advisors social profiles
Digital presenceSinghi Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Singhi Advisors leadership team
Management profileNumber of profiles
Profiles9 records
Singhi Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Singhi Advisors M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Singhi Advisors
What does Singhi Advisors do?
Singhi Advisors is an independent investment banking firm delivering strategic global M&A advisory and corporate finance services to mid-to-large corporates. The firm advises on buy-side and sell-side mandates, cross-border deals, private equity placements, joint ventures, and strategic transformations across 18 industry sectors, leveraging the global Mergers Alliance network to access cross-border deal flow.
Is Singhi Advisors a public or private company?
Singhi Advisors is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Singhi Advisors founded?
Singhi Advisors was founded in 1989. It employs 11 to 50 people.
Where is Singhi Advisors based?
Singhi Advisors is headquartered in Mumbai, India, in the Asia region.
How does Singhi Advisors make money?
One revenue line is on record: M&A Advisory Fees.
Who are Singhi Advisors's main competitors?
Direct peers on record are Avendus Capital, Kotak Mahindra Capital, Axis Capital, JM Financial, ICICI Securities, Spark Capital and Allegro Capital. Broad incumbents are Ernst & Young (EY) — India M&A Advisory, Deloitte — India M&A Advisory and PwC — India M&A Advisory.
Does Singhi Advisors have an API?
No public API is recorded for Singhi Advisors.
What industry is Singhi Advisors in?
Singhi Advisors's product category is Investment Banking. Its primary akta.pro industry code is BPAHAOAA, M&A Advisory (Buy-Side & Sell-Side), with a secondary code of FSAEAGAJ, Industry-Specialist / Sector-Focused M&A Advisory. Its NAICS code is 523 and its SIC code is 6199.