Topic summary

Nuvama Group

Nuvama Group

Nuvama Wealth Management Limited (doing business as Nuvama Group) is an Indian multinational wealth management company headquartered in Mumbai. Established in 1993, the company offers services in wealth management, asset management, asset servicing, and capital markets.

As of June 2025, Nuvama reported assets under management of approximately ₹4.6 trillion (US$48 billion). Since 2021, the company has been majority owned by PAG, a multinational investment firm.