Eurus

What Eurus does

Eurus Corporate Advisors Pvt Ltd is a privately-held boutique investment bank headquartered in Mumbai, India, that provides financial advisory services across three integrated practice areas: M&A Advisory, Private Equity Advisory, and Structured Finance Advisory. The firm was founded in 2018 and operates out of the WeWork Nesco IT Park office in Goregaon (East), Mumbai, with a team of 11–50 professionals. Its M&A practice delivers buy-side and sell-side advisory covering target/buyer mapping, valuation, negotiation, due diligence facilitation, financing and implementation, while the Private Equity practice supports fundraising through transaction structuring, valuation analysis, deal positioning, due diligence coordination and investor engagement. The Structured Finance practice arranges plain-vanilla and structured debt, capital structuring, growth/asset/acquisition/real-estate/project financing, and bridge funding, leveraging lender relationships across Indian and foreign banks, NBFCs, domestic funds, PE and hedge funds, and special-situation investors. The senior team — Deepak Shandilya (Managing Director & CEO, ex-MAPE Advisory, 30+ years), Shishir Dalal (former Senior Partner of Dalal & Shah, since retired), Prasad Paranjape (ex-B.K. Khare, E&Y, BDO, S.V. Ghatalia), Gautam Shanbhag (ex-InCred Capital, KPMG, PwC) and Om Prakash Agrawal (ex-SMC Group) — combines 100+ years of cumulative transaction-handling experience and claims 75+ completed transactions across 15+ sectors and 300+ client engagements.

The firm positions itself as an impartial, relationship-led advisor targeting Indian corporates, growth companies, and institutional clients needing strategic transaction support and capital access. Eurus does not develop proprietary technology platforms; its core "technology" is its partner network across domestic and international investors, lenders, and financial institutions, supplemented by mutual service partnerships with three chartered accountancy firms — J N R & Associates (Mumbai), Radisson Consulting, and Vidya & Company (offices in Kolkata, Delhi, Ahmedabad, Bhopal) — which extend delivery capacity in diligence, valuation, taxation and audit. Revenue is generated through negotiated advisory fees (transaction success fees, retainers, or a hybrid) on individual mandates, with no public pricing or standardized fee schedule.

Go-to-market is sales-led and direct: the senior team sources mandates through personal relationships, referrals, and a corporate-website presence (hosting a downloadable "Eurus Profile 2025.pdf") rather than through any marketing-led demand generation. The named customer base is highly diversified by sector — petrochemicals (South Asian Petrochem, EIPET), real estate (Kumar Urban Development, Tanglin, Casa Grande), logistics (Chartered Logistics, Ocean Sparkle), healthcare (Asha Parekh Hospital), pharmaceuticals (Granules), financial services (IFCI Limited, RD Multiples), auto components (KYB), media (PVP Ventures), coffee/commodities (Amalgamated Bean Coffee, Café Coffee Day), manufacturing (Electronica, KLT) and international PE (Gulf Capital Abu Dhabi) — illustrating both the breadth of Eurus's mandates and its dependence on senior-individual-driven origination in each transaction.

Name

Eurus

Legal name

Eurus Corporate Advisors Pvt Ltd

Website

https://eurusglobal.in

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Eurus Corporate Advisors is a Mumbai-based boutique investment bank providing M&A, private equity, and structured finance advisory to Indian corporates, growth companies, and institutional clients across 15+ sectors.

Ownership category

akta.pro rank

Product category

Investment Banking Advisory

NAICS

Management, Scientific, and Technical Consulting Services (5416)

SIC

Investment Advice (6282)

akta.pro primary industry

Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)

akta.pro secondary industry

Equity Capital Markets Advisory (Equity Issuance Strategy & Readiness) (FSACAAAI)

Keywords

• Mergers acquisitions advisory
• Private equity advisory
• Structured finance advisory
• Investment banking services
• Capital raising advisory

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Financial Advisory Services: Revenue is generated through advisory fees for M&A, Private Equity, and Structured Finance engagements. As a boutique investment bank, fees are likely structured as transaction-based success fees, retainers, or a combination thereof.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Eurus is a boutique investment bank based in Mumbai that provides financial advisory services for mergers and acquisitions, private equity, and structured finance. It offers buy-side and sell-side M&A advisory, PE/VC fundraising support, and customized debt and structured finance solutions. The firm leverages its expertise, relationships, and insights to provide end-to-end execution support to Indian corporates across multiple sectors.

Product overview

Eurus is a boutique investment bank offering a unified suite of three integrated advisory services: M&A Advisory (covering buy-side and sell-side transactions), Private Equity Advisory (helping companies raise capital from PE/VC investors), and Structured Finance Advisory (providing customized debt financing solutions). These services are designed to work together, enabling Eurus to guide clients through the complete transaction lifecycle from conception to closure, with the team leveraging extensive relationships across domestic and international investors and lenders.

Differentiator

Problem solved

Functional benefit

Products and services

• M&A Advisory Buy-side and sell-side advisory services covering the complete M&A process including acquisition criteria finalization, target/buyer mapping, preparation of collaterals, evaluation of offers, acquisition planning, valuation, negotiation, facilitation of due diligence, financing, and implementation support for Indian corporate clients across industries.
• Private Equity Advisory Advisory services helping companies partner with appropriate investors through fundraising support including transaction structuring, valuation analysis, deal positioning, due diligence coordination, investor engagement, and deal closure facilitation, leveraging supply-side relationships with domestic and international PE, VC, hedge funds, and institutional investors.
• Structured Finance Advisory Customized financing solutions including plain vanilla debt and structured debt raising, capital structuring, growth financing, asset financing, bridge funding, acquisition financing, real estate financing, and project funding, supported by extensive lender relationships with Indian and foreign banks, domestic funds, NBFCs, PE funds, hedge funds, and special situation funds.

Named customers25 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered minor.

• J N R & AssociatesminorImplementation/ SI/ Consulting PartnerMumbai-based Chartered Accountancy firm headed by Prasad Paranjape and former senior professionals from Deloitte. Provides services in Management Consultancy, Statutory Audit, Internal Audit, Company Law, Taxation, and Accounting. Specializes in Infrastructure, Financial Services, Business Services, and Industrials sectors.
• Radisson ConsultingminorImplementation/ SI/ Consulting PartnerFirm provides services in Assurance Advisory, Tax & Regulatory, Risk Advisory, Valuations, and Due Diligence. Has diverse experience across Real Estate, Engineering, Construction, Hospitality, Pharmacy, Financial Services, Insurance, IT, Education, FMCG, Retail, Agriculture, Pharmaceuticals, Oil and Gas, and Power sectors.
• Vidya & CompanyminorImplementation/ SI/ Consulting PartnerLeading Chartered Accountancy firm providing accounting and financial services. Founded by Rajendra Nagar and Sarad Jha. Serves clients across India with offices in Kolkata, Delhi, Ahmedabad, and Bhopal.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Direct peers

• MAPE Advisory Group: Indian mid-market advisory firm where Eurus's CEO Deepak Shandilya previously led the Structured Finance practice for 10+ years. Directly comparable boutique M&A and structured finance firm operating in similar Indian mid-market segments.
• Avendus Capital: One of India's leading boutique investment banks offering M&A advisory, equity capital markets, and structured finance. Closely comparable in business model, deal mix, and Indian mid-to-large market focus.
• Spark Capital: Chennai-headquartered boutique investment bank providing M&A, PE advisory, and capital markets services. Comparable boutique positioning in Indian mid-market advisory.

Broad incumbents

• KPMG India (Deal Advisory): Big 4 transaction advisory practice in India where Eurus's senior team member Gautam Shanbhag previously worked. Direct overlap in M&A advisory and due diligence services.
• ICICI Securities: Large Indian investment bank providing institutional equities, investment banking, and private wealth services. Competes with Eurus in mid-market M&A and PE advisory mandates at larger scale.
• Kotak Mahindra Capital: Full-service investment banking arm of Kotak Mahindra Group, offering M&A, ECM, and DCM advisory across India. Larger, broader incumbent with overlapping M&A and PE advisory services.
• JM Financial: Diversified Indian financial services group with investment banking, lending, and asset management businesses. Competes in M&A advisory, PE fundraising, and structured finance across Indian mid-market.
• EY-Parthenon India: Strategy and transactions consulting arm of EY in India. Competes with Eurus for mid-market M&A and transaction advisory mandates, leveraging Big 4 scale and global network.
• PwC India (Deals Practice): Big 4 transaction services practice in India; overlaps with Eurus on M&A advisory, due diligence, and transaction support mandates across mid-market Indian deals.
• Deloitte India (M&A and Transaction Services): Big 4 advisory practice in India offering M&A, due diligence, and transaction services. Overlaps directly with Eurus on mid-market transaction advisory engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/eurus-corporate-advisors

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Eurus