Equirus Group has merged with Sapient Finserv Group in an equity swap deal announced today, creating a combined wealth management platform with ₹35,000 crore in assets under management. The merger positions the entity among India’s top 10 non-bank independent wealth managers.
Pune-headquartered Sapient Finserv brings ₹13,500 crore in AUM and a monthly SIP book of ₹65 crore to the combined platform. Sapient’s founders Amit Bivalkar and Pallav Bagaria will join Equirus Wealth’s leadership team and board as part of the transaction.
The merged entity expects to scale to ₹50,000 crore AUM, leveraging Equirus’s proprietary research capabilities spanning 35 equity analysts, PMS strategies, and venture funds. The platform will operate through two specialised verticals — Equirus Wealth and Equiru