Mumbai | August , 2025 — Equirus Group, a leading boutique financial services firm, has received approval from the Reserve Bank of India (RBI) to launch its non-deposit-taking NBFC, Equirus Finance. This strategic move significantly broadens Equirus’ offering, enabling seamless integration between its wealth management, investment banking, and institutional equities operations.
Equirus Finance will offer credit products such as:
- Loan Against Securities (LAS)
- ESOP financing
- Market-Linked Debentures (MLDs)
- Structured finance and bespoke secured lending solutions
These will be tailored for high-net-worth individuals (HNIs), family offices, and corporate promoters, reinforcing the “One Equirus” experience melding advisory intelligence with capital execution.
With an AUM exceeding $2.2 billion, Equirus now aims to build a diversified loan book of ₹3,000 crore in the coming years, anchoring its new venture in both scale and client trust.
StartupByDoc Perspective
This launch signals a shift that founders and financial services leaders should heed: advisory first firms are building capital arms, marrying guidance with liquidity. As India’s private wealth market matures, players like Equirus are moving beyond transaction-led revenue models toward a full-stack financial ecosystem. Spotting this trend early could help startups and neo-banks position themselves as comprehensive capital partners, not just service providers.
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