Mizuho expands further into India with planned Avendus acquisition

Avendus will become a subsidiary of Mizuho Securities.

Mizuho Securities, a subsidiary of Mizuho Financial Group, is acquiring over 60% of shares of Avendus Capital Private Limited, subject to regulatory approvals.

Avendus is an India-based financial services firm targeting companies and entrepreneurs. It offers asset management, credit solutions, investment banking and wealth management solutions.

Within the landscape of India’s remarkable growth, Avendus has a presence that is second to none, said Yoshiro Hamamoto, CEO and president of Mizuho Securities.

“Welcoming them as a strategic partner for our M&A platform in APAC, the Americas, 
and EMEA will enable us to better support our clients with diversified, advanced solutions that make the most of our global client base and finance capabilities,” Hamamoto said in a statement published 17 December 2025.

Following the successful acquisition, Avendus will become a subsidiary of Mizuho Securities.