Mumbai, Maharashtra, India, July 2025 – Tushar Singhal has been promoted to Managing Director at Nuvama Group, marking a significant milestone in a distinguished career spanning over two decades across investment banking, private equity, and capital markets. In his elevated role, Tushar will continue to contribute to the strategic growth of Nuvama’s platform, providing tailored financial solutions to entrepreneurs, HNIs, institutional investors, and corporate clients.
Tushar joined Nuvama Group (formerly Edelweiss Wealth Management) in October 2022 as Executive Director and played a pivotal role in driving high-value investment advisory and wealth management solutions. His leadership has been instrumental in enhancing the firm’s client-first approach and positioning it for next-gen financial services growth.
Prior to Nuvama, Tushar spent four years at InCred Capital as Director, where he focused on capital advisory and deal structuring across multiple sectors. He was previously Director at IDFC FIRST Bank, leading high-impact financial initiatives and contributing to the expansion of the bank’s capital markets presence.
Tushar’s earlier roles included senior leadership positions at Deloitte, GEM Group, and Axis Private Equity, where he led and executed M&A and private equity transactions across domestic and global markets. He also spent over four years at Ambit Corporate Finance as AVP, where he played a key role in landmark transactions including the acquisition of Standard Chartered’s mutual fund business by IDFC and the sale of Lotus Mutual Fund to Religare.
Tushar began his career with GE Capital and BMR Advisors, building deep expertise in business due diligence, financial modeling, valuations, and industry analysis. He holds an MBA in Finance from SP Jain Institute of Management & Research (SPJIMR) and was recognized as the Sportsperson of the Year – 2003.
About Nuvama Group
Nuvama Group, formerly Edelweiss Wealth Management, is one of India’s leading integrated wealth and investment firms, backed by PAG—one of Asia’s largest investment firms. With a 25+ year legacy, Nuvama provides a comprehensive suite of offerings in wealth management, asset management, capital markets, and advisory services, tailored for entrepreneurs, HNIs, and institutional clients. Its client-first approach and global capabilities position it at the forefront of financial innovation in the Indian and Asia-Pacific markets.
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