From Mumbai to the World: Equity Right’s Climb to the Global Top 3
In a digital world crowded with investment apps and trading tools, carving out a meaningful space without external funding is rare. Yet Equity Right, founded in Mumbai in 2015, has built a strong reputation for independent equity research and advisory, despite being fully self funded.
According to Tracxn, *Equity Right is ranked 3rd among 16 global competitors in its category*, positioned alongside companies from: *Canada (UltraTrader, TraderSync), Germany (Edgewonk), Brazil (Guru), and United States (Stocks+ App, The Trading Buddy, Wise Tradr)*. This isn’t just a ranking, it’s a validation of a decade-long journey powered by consistency, credibility, and sheer bootstrap grit.
Equity Right’s #3 global ranking comes purely from its product strength, user traction, and consistent research quality, not marketing or funding.
The firm’s research desk has delivered an average CAGR of approximately 28%, driven by recommendations such as PFC, REC, HUDCO and Keynes Technologies and many more. Equity Right currently manages an AUM of ₹~440 crore, supported by a steadily expanding investor base across HNIs, family offices, and institutions.
While not a merchant banker, quite a few IPO ready companies have been guided by the Equity Right team. Equity Right has been participant in multiple stock placements with top domestic institutions and leading fund houses. The firm has participated in transactions totalling over ₹1,500 crore over last 5 years.
The firm offers a comprehensive range of research-driven services, including equity research reports, results updates, IPO research, and coverage of corporate and sectoral trends. It also delivers daily market news, expert views, and analysis across currencies and commodities. Its platform features a dedicated investor forum, real estate research, including property rates, top picks, expert opinions, and news.
Equity Right being “unfunded” simply means it has grown entirely through its own discipline, decisions, and user trust. It reflects the long-term, research-first vision of founder Gaurav Daptardar, who built the platform from a small idea into a respected global competitor.
Under the leadership of Gaurav Daptardar, Equity Right’s expansion into investment banking, wealth management, PMS, and full-spectrum research marks a notable milestone for an independently built firm operating across both buy and sell sides.
To summarise, Equity Right’s rise is a story of patience, expertise, and purpose, a budding research house from Mumbai quietly proving that consistent quality can achieve global success.
The image added is for representation purposes only
