From the modest yet vibrant city of Lucknow to the gleaming metropolis of Mumbai, Nitin Jain’s journey is a powerful testament to the transformative power of intellect, grit, and an unwavering commitment to creating impact. With roots grounded in middle-class values and a belief in education as a transformative tool, Nitin pursued and achieved academic excellence, culminating in degrees from two of India’s most prestigious institutions—IIT Kharagpur and IIM Calcutta. However, his ambitions were never confined to the classroom.
His professional trajectory began in a standalone boutique financial firm, where his strategic insight and relentless drive led to its growth into a multi-billion-dollar business, ultimately becoming one of India’s largest financial services institutions. Over the years, he has managed over $40 billion in client assets spanning wealth management, mutual funds, and asset reconstruction businesses. Despite this corporate success, Nitin found himself yearning for a deeper, more meaningful challenge—one that could redefine how Indians interact with their wealth. With that spark of entrepreneurial ambition, Nitin founded Neo Group in 2021. It was not just the launch of a new firm; it was the start of a new chapter in India’s financial services narrative. Neo was envisioned as a next-generation, purpose-driven investment platform, focused on democratizing access to world-class wealth and asset management. For Nitin, this move wasn’t just professional—it was personal. “I pulled the trigger for a combination of reasons,” he reflects. “My journey had been fulfilling—we seeded, scaled, and sold multiple businesses throughout my career. But I wanted to do something bigger, to impact lives more meaningfully.”
THE BIRTH OF NEO GROUP: A NEW PARADIGM IN WEALTH AND ASSET MANAGEMENT
Since its inception, Neo Group has carved a unique niche for itself in the Indian financial services ecosystem. In less than three years, the firm has grown at an exponential pace, managing over ₹10,500 crore in assets under management (AUM). But more than the numbers, it is the principles and philosophy that guide the firm which truly set it apart. Built on the foundational belief of “Doing Good”, Neo emphasizes trust, transparency, and long-term value creation.
Nitin attributes Neo’s rapid rise to four unwavering pillars: talent, technology, culture, and capital. These form the bedrock of Neo’s operations and long-term strategy. He has brought together a formidable team of professionals, many of whom have worked with global giants such as Goldman Sachs, McKinsey, and KKR. These individuals bring decades of experience in global asset management and strategic advisory, making Neo a force to reckon with in India’s competitive financial sector. But pedigree alone does not define Neo. Nitin insists on cultivating a culture of humility, collaboration, and shared purpose—an environment where each team member is inspired by the collective mission rather than individual accolades. “You will always do well if you are grounded,” he often says. This emphasis on humility resonates deeply with clients and employees alike, reinforcing the firm’s commitment to responsible and efficient capital management. Neo’s focus on delivering superior, risk-adjusted, inflation beating returns has made it a trusted partner for both individual and institutional investors.
INSTITUTIONAL TRUST AND THE ROAD AHEAD
Neo Group’s credibility and integrity have not gone unnoticed by the global investment community. The firm has attracted investments from some of the world’s most respected names in finance, including Peak XV Partners (formerly Sequoia Capital India), Mitsubishi Bank, and Euclidean Capital. These partnerships are not just financial endorsements—they are strategic alliances that provide Neo with the backing, scale, and reach needed to expand its footprint across India and potentially, beyond. Moreover, Nitin’s personal leadership has continued to garner national and international recognition. Being named among IIT Kharagpur’s Top 10 Alumni is more than a personal milestone—it is a reflection of his continued commitment to excellence, innovation, and mentorship. Through Neo, Nitin also mentors budding entrepreneurs and professionals, passing on the lessons of discipline, ethics, and long-term thinking that have defined his own success.
BUILDING A LEGACY BEYOND FINANCE
For Nitin, wealth creation is only one part of the story. The real challenge—and opportunity—lies in using that wealth to create a lasting legacy of good. Neo is not merely an investment firm; it is a movement to redefine the relationship between individuals and their financial well-being. In a market where short-termism often clouds long-term planning, Nitin is determined to stay the course and build an institution that will endure for decades.
“Entrepreneurship is about creating a proposition that stands out,” he says. For him, innovation isn’t just about introducing new products or chasing trends; it’s about addressing root problems that have long plagued the financial ecosystem in India— lack of trust, limited transparency, poor access, and one-size-fits-all solutions. Neo is actively working to solve these challenges with bespoke offerings, backed by world class technology and data-driven insights.
Even as Neo expands rapidly, Jain remains deeply involved in every aspect of the firm—from investment strategy and client engagement to culture building and talent development. His leadership style is both hands-on and empowering, ensuring that the firm remains agile, ethical, and laser-focused on its mission.
FINAL THOUGHTS: THE LONG GAME
As India’s wealth management industry evolves to meet the demands of a digitally connected, financially aware generation, leaders like Nitin Jain are showing the way forward. His journey—from a curious student in Lucknow to a visionary entrepreneur in Mumbai—illustrates that meaningful change begins with a clear purpose and the courage to pursue it. He is, in every sense, the “unreasonably optimistic” architect of a new era in Indian finance. In a world often driven by quarterly targets and transactional thinking, Nitin Jain is playing the long game. He’s building more than just a business— he’s building an institution rooted in integrity, fuelled by innovation, and guided by a philosophy of doing good. And in doing so, he is not just managing wealth—he is reshaping what wealth means in the first place.
