Spark PWM Expands to DIFC, Dubai for Global Growth

Prime Highlights :

Spark Capital PWM enters a strategic base in Dubai International Financial Centre (DIFC) to strengthen its global presence and service capabilities.

The company has increased its asset base by almost ten times over the last two years, reflecting swift growth and global investor interest.

Key Facts :

Assets under management and administration grew from INR 3,000 crore in April 2023 to INR 30,000 crore as of May 2025.

Spark PWM currently has more than 400 professionals, including 130+ relationship managers, in 12 Indian cities.

Key Background :

Spark Capital Private Wealth Management (PWM) of Spark Capital Advisors (India) Limited has gone global with a new office in Dubai International Financial Centre (DIFC). This strategic initiative is one of the major steps towards Spark PWM’s vision to emerge as a global wealth management leader focused on high-net-worth individuals (HNWIs) and institutional investors across the Middle East.

The newly opened DIFC office, managed on a white-label basis by Spark Global PWM Private Limited, will meet the specialized investment requirements of clients from the Middle East. The company wants to offer access to diversified global portfolios along with tapping into the strong regulatory framework and international financial system that DIFC provides. The DIFC is a prominent financial center for the MEASA (Middle East, Africa, and South Asia) region, with over 420 wealth and asset management companies present within it.

Ever since April 2023, Spark Capital PWM has shown remarkable growth. Its under management and administration asset base has increased from INR 3,000 crore to a whopping INR 30,000 crore till May 2025. This has been supported by huge talent hire, with the talent base increasing from 60 to over 400 professionals with over 130 relationship managers in 12 cities of India.

This global expansion is consistent with the long-term strategy of Spark PWM to be a complete spectrum of financial advisory firm. Through the combination of wealth management, investment banking, and asset management, the firm continues to provide tailored financial solutions to entrepreneurs, family offices, and senior executives. The DIFC establishment allows Spark PWM to strengthen ties with international investors, facilitate cross-border investment abilities, and become a valued partner in the international wealth management space.