FigureAsia 35 Under 35 · Finance
Arpit Jain
Age 34 · Capital markets and wealth management · India
A capital-markets chief executive integrating broking, wealth, investment banking and financial technology on one listed platform.
- Age at the edition eligibility date
- 34
- Field
- Finance
- Country or region
- India
- FigureAsia U35 Assessment
- 70.0 / 100
Profile
Career and documented record
Arpit Jain leads a mid-market financial institution whose work spans trading, portfolio management, investment banking, financial technology and wealth services. Arihant Capital Markets reported ₹248.01 crore in net revenue from operations and ₹58.70 crore in profit after tax for FY25. A March 2026 shareholder record described a network of more than 800 investment centres serving over 250,000 clients in more than 300 Indian cities.
Jain's role is defined in filed records. He is joint managing director and chief executive, with responsibility across the group's capital-markets, portfolio, investment-banking, technology and wealth businesses, and he signed the chief-executive certification accompanying the annual report. Those facts establish accountability, but they do not make him the sole author of results produced by advisers, dealers, technologists and control teams. His case rests on running an integrated financial platform through a completed profitable year.
FigureAsia selection
Why Arpit Jain is on the list
FigureAsia selected Jain because his work connects formal executive responsibility to a measured operating result and a large distribution network outside India's largest financial centres. The recognition is based on completed service and audited performance, not succession, publicity or a prospective transaction.
The score reflects limits as well as strengths. Arihant is materially smaller than the global brokerage groups with which it ultimately competes, and most reported reach is domestic. Jain is recognised for accountable execution across a broad regulated remit, with deductions for shared authorship and limited independently documented international reach.
Verified work
The 2025–26 record
Completed a profitable operating year
Arihant Capital reported ₹248.01 crore in net operating revenue, approximately ₹73.99 crore in profit before tax and ₹58.70 crore in profit after tax for FY25.
Accounted for national client reach
The company's shareholder notice recorded more than 250,000 clients, over 800 investment centres and a presence across more than 300 cities under Jain's executive remit.
Field context
The work in its field
Retail capital-markets businesses increasingly combine execution, research, advisory, portfolio management and digital distribution. Integration can lower friction for clients, but it also raises conflicts, suitability and data-governance questions that require strong separation and supervision.
India's widening participation in securities markets has created demand beyond major cities. The durable measure for a broker is not account opening alone but client protection, execution quality, compliance and the ability to remain profitable without encouraging unsuitable risk.
FigureAsia U35 Assessment
Assessment breakdown
70.0out of 100
Completed financial consequence
21 / 30
Completed a profitable operating year is treated as a delivered financial outcome. The score is confined to the completed result described in the record and excludes projections or paper valuation.
Individual agency and execution
17 / 25
The documented role—Joint Managing Director and Chief Executive Officer—and the attributed actions in the profile establish accountable execution. Institution-wide results are not assigned to the person alone.
Verified reach and significance
14 / 20
Retail capital-markets businesses increasingly combine execution, research, advisory, portfolio management and digital distribution. Integration can lower friction for clients, but it also raises conflicts, suitability and data-governance questions that require strong separation and supervision.
Innovation and field influence
10 / 15
The record combines capital markets and wealth management with the completed work described in Accounted for national client reach. Credit reflects demonstrated practice, not a claim of novelty by itself.
Stewardship, access and Asian relevance
8 / 10
The Asian connection is explicit: An Indian chief executive responsible for a listed brokerage, wealth, investment-banking and portfolio-management group serving clients across India. Stewardship credit is limited to the regulatory, governance, access or stakeholder evidence described in the profile.