Verified employee & interview reviews

Goldman Sachs India Reviews

New York, New York

5.0/ 5

2 reviews

Goldman Sachs has maintained a significant presence in India since the 1980s, formally establishing its onshore business in Mumbai in December 2006. Today, the firm’s Indian operations represent its second-largest global presence after New York, employing over 10,000 professionals across offices in Mumbai, Bengaluru, and Hyderabad. The India-based teams are integral to the firm’s global strategy, serving as major technology and engineering hubs while providing critical services to domestic and international clients. The firm’s operations in India are divided into several key segments:1. Investment Banking and Capital Markets: Goldman Sachs is a leading advisor to Indian corporations and the government on mergers, acquisitions, and capital raising. It has been involved in landmark transactions, including Reliance Industries’ rights issue, ArcelorMittal’s acquisition of Essar Steel, and Flipkart’s sale to Walmart. The investment banking division is currently led by Co-Heads Sudarshan Ramakrishnan and Devarajan Nambakam. 2. Global Capability Centers (GCCs): The Bengaluru office (established 2004) and Hyderabad office (established 2021) are world-class innovation centers. These hubs focus on advanced technologies such as artificial intelligence, machine learning, platform engineering, and low-latency trading systems. In 2025, Goldman Sachs Services in India was recognized as the Most Admired GCC of the Year by The Economic Times. 3. Asset and Wealth Management: The firm manages a diverse portfolio of Indian equities and alternative assets. Goldman Sachs India Limited publicly holds stakes in approximately 48 stocks with a net worth exceeding INR 8,402 crore. Its investment strategy focuses on large-cap leaders and high-growth mid-cap companies in sectors like financial services, technology, and healthcare. Additionally, the firm has deployed over $8.5 billion in India’s private markets, including investments in renewable energy (ReNew Power) and biopharmaceuticals (Aragen Life Sciences). 4. Global Markets and Research: The Mumbai office serves as the primary hub for institutional equity sales, trading, and fixed income services. The firm also provides award-winning macro-economic and investment research that helps global investors navigate the Indian market.Beyond its business operations, Goldman Sachs is deeply committed to social impact in India. Its 10,000 Women initiative has empowered over 3,500 female entrepreneurs through partnerships with IIM Bangalore. The firm’s TechLabs program provides foundational computer education to government schools, aiming to reach 50,000 students. Furthermore, the Goldman Sachs Returnship program, launched in India in 2013, helps women rejoin the workforce after career breaks. Under the leadership of Chairman Sonjoy Chatterjee, Goldman Sachs remains a pivotal player in India’s financial landscape, leveraging the country's demographic dividend and digital transformation to drive long-term growth.