1. List of Firms in Equity Research
1. Nomura financial Services: http://www.nomura.com/asia/index.html
2. Morningstar: http://morningstar.in
3. SNL Financial: http://www.snl.com
4. Capital IQ: https://www.capitaliq.com/main.asp
5. Strategic Capital: http://www.strategicindia.net
6. Irevna: http://www.irevna.com
7. JM Financials: https://www.jmfinancialservices.in
8. Deutsche Bank: http://www.db.com/india
9. Ambit Capital: http://ambitholdings.com
10. CLSA: https://www.clsa.com
11. Keynote: http://www.keynoteindia.net/index.htm
12. UBS Securities: http://www.ubs.com
13. Macquarie: http://www.macquarie.com/in
14. Cognizant: http://www.cognizant.com/locations/india/india.asp
15. Syntel: http://www.syntelinc.com
16. Markettopper: http://www.marketopper.com
17. CapMetrics: http://www.capmetrics.com
18. BRICS: http://www.bricssecurities.com
19. BNY Mellon Financial Corporations: http://www.bnymellon.com
20. DSP Merrill Lynch: http://www.dspml.com
21. 3iAnalysis: http://www.3ianalysis.com
22. BMR Advisors: http://www.bmradvisors.com/services.php?cat_id=153
23. JP Morgan India: http://www.jpmorganmf.com
24. Integreon: http://www.integreon.com
25. D. E. Shaw India: https://www.deshawindia.com
26. Amba Research: http://www.ambaresearch.com
27. Aranca: http://www.aranca.com
28. Zacks Investment Research: http://india.zacks.com
29. Evalueserve: http://www.evalueserve.com
30. Avendus: http://www.avendus.com
31. Celent: http://www.celent.com
32. ASK: http://www.askfinancials.com
33. Morgan Stanley: http://www.morganstanley.com/about/offices/india.html
34. Credit Suisse: https://www.credit-suisse.com/in/en
35. HSBC: http://www.hsbc.co.in
36. Man Financial: http://www.mfglobal.in
37. Asian Markets Securities: http://www.amsec.in
38. IDBI: http://idbicapital.com
39. HDFC Securities: http://www.hdfcsec.com
40. HSBC: http://www.investsmartindia.com
41. Boston Analytics: http://www.bostonanalytics.com
42. Copal Partners: www.copalpartners.com
43. AlgoAnalytics: http://algoanalytics.com
44. Quant Capital: http://www.quantcapital.co.in
45. Hector & Streak: http://www.hectorandstreak.com
46. eClerx KPO: http://www.eclerx.com/Finance_Services_KPO.htm
47. Parag Parikh Financial Advisory Services Ltd https://www.ppfas.com
48. B. M. Chatrath &Co. http://www.bmchatrath.com
49. Lamcon Finance & Management Services http://www.lamconindia.com
50. Innosolv http://www.incspl.com
51. G K Management Services (India) Limited http://www.gkglobal.net
52. Firstcall India Equity Advisors Pvt.Ltd (FIEA) www.firstcallindiaequity.com

2. 53. Brain Point Investment Centre Pvt Ltd http://www.brainpointinv.com
54. Quantlogic http://www.quantlogic.com
55. phiNNACLE Wealth Managers http://www.phinnacle.com
56. Market Equations http://www.marketequations.com
57. 9 Research www.nineresearch.com
58. F1F9 http://www.f1f9.com/
Rating Agencies:
1. CRISIL: http://www.crisil.com/
2. Fitch: http://www.fitchindia.com/
3. CARE: http://www.careratings.com/scripts/Home.aspx
4. ICRA: http://www.icra.in/Profile.aspx
5. Brickwork: http://www.brickworkratings.in
List of Hedge Funds in India
1. Hudson Fairfax Group (HFG) Private Equity
2. Avatar Investment Management (AIM) Private Equity,
3. India Deep Value Fund Long Term Investments in Capital Markets and Real Estate
4. Heritage Capital India Long-short Equity
5. Fair Value Capital Traditional Invetment Approach, Event-based investments
6. India Capital Fund Multi-strategy
7. Monsoon Capital Indian Equities Investments
8. Karma Capital Indian Equities Investments
9. Atyant Capital Investment in Indian Equities and Precious Metals
10. Atlantis Asstes Management across Asia
11. Baer Capital Partners Private Equity, Equity Investments
12. Brahma Capital Broard Asset Management
13. Eight Capital Alternative Investments
14. EM Capital Management Emerging Markets
15. Evolvence Capital Alternative Investments
16. Fulcrum Investment Group, LLC Alternative Investments
17. Greenwich Advisors Diversified Indian markets
18. Helios Capital Management Long-short Equity
19. World Quant Multi-strategy
20. Jina Ventures Private Equity, M&A
21. Och-Ziff Alternative Investments
22. Sandstone Capital Equity Investments
List Of Private Equity Funds in India
1. Aavishkaar India Micro Venture Capital Fund http://www.aavishkaar.org/

3. 1. Anandrathi Real Estate Fund
http://www.rathi.com/
2. Avendus Advisors Pvt. Ltd. http://www.avendus.com/
3. Baring Private Equity Partners India Ltd. http://www.bpepindia.com/
4. BTS Investment Advisors Pvt. Ltd. http://www.btsadvisors.com/tos.htm
5. Canbank Venture Capital Fund Limited http://www.canbankventure.com
6. ChrysCapital http://www.chryscapital.com
7. Citi Alternative Investments http://www.citigroup.com/citi/global/ind.htm
8. Frontline Strategy http://www.frontlinestrategy.com
9. Gaja Capital Partners http://www.gajacapital.com
10. GVFL Ltd. http://www.gvfl.com
11. HSBC Private Equity Management Mauritius Ltd http://www.hsbc.co.in/1/2/homepage
12. ICICI Venture Funds Management http://www.iciciventure.com
13. ICOS Capital http://www.icoscapital.com
14. IDFC Private Equity http://www.idfcpe.com/pages/main1.html
15. Fire Capital http://www.firecapital.com
16. IFCI Venture Capital Funds Ltd http://www.ifciventure.com
17. IL&FS Venture Corporation Ltd. http://www.ilfsindia.com
18. India Value Fund http://www.gwcaps.com
19. Indian Angel Network http://www.indianangelnetwork.com
20. Indian Direct Equity Advisors http://www.ideaequity.com
21. Infinity Venture Fund http://www.infinityventure.com
22. Jina Ventures http://www.jinaventures.com
23. JumpStartUp http://www.jumpstartup.net
24. Karnataka Asset Management Company Pvt.Ltd. http://www.kitven.com
25. Kerala Venture Capital Fund (P) Ltd. http://www.keralaventure.org
26. Kotak Private Equity Group http://www.kotak.com
27. Mefcom Capital Markets Ltd. http://www.mefcom.in
28. New Path Ventures http://www.newpathventures.com
29. New Ventures India http://www.newventuresindia.org
30. Passion Fund http://www.passionfund.com
31. PSi Inc. http://www.psi-world.com
32. Punjab Venture Capital Ltd. http://www.pvcl.org
33. Rabo India Finance http://www.rabobank.com/content
34. Rajasthan Venture Capital Fund (RVCF) http://www.rvcf.org
35. Redclays Capital – http://www.redclays.com/index.htm
36. SAIF Partners http://www.sbaif.com
37. Samara Capital http://www.samaracapital.com
38. Sicom Venture http://www.sicomventure.com
39. SIDBI Venture Capital Limited (SVCL) http://www.sidbiventure.co.in
40. Siemens Venture Capital http://www.siemensventurecapital.com
41. State Street Global Advisors India http://www.ssga.com/india
42. Techcap India http://www.techcapindia.com
43. The Carlyle Group Dubai http://www.carlyle.com
44. The View Group http://www.viewgroup.com
45. Tishman Speyer http://www.tsiventures.com
46. TPG http://www.texaspacificgroup.com
47. UTI Ventures http://www.utiventures.com
48. Ventureast http://ventureast.net
49. Walden Nikko India Management Co. Ltd. http://www.waldenintl.com/main/index.asp
50. Warburg Pincus India Pvt. Ltd. http://www.warburgpincus.com

4. List of Proprietary Trading Firms in India
Category 1: Firms which allow third party data analytics
1. Futures First Info Services Pvt. Ltd.
2. TransMarket Group L.L.C
3. Trenchant Trading Systems Pvt. Ltd.
4. Raptor Trading Group
5. Jaypee Capital Services Ltd.
6. IKM Investor services Ltd.
7. GoSTX
8. Estee Advisors Private Limited
9. A P Corona Outsourcing pvt. LTD
10. Edelweiss Capital
11. IDBI Capital Market Services Ltd
Category 2: Firms which allow to trade only on in-house trading strategies
1. Kredent Trading
2. India Advantage Securities Ltd.
3. Dolat Capital
4. Open Online Securities (P) Ltd
5. Ariston Capital Services Pvt Ltd
6. Capstone Securities Analysis Pvt Ltd
7. Focus Comtrade
8. Fountain Securities Analysis Pvt Ltd
9. M/s. Prakash Chand Surana
10. Surana Forex