Shriram Group

Shriram Group is an Indian financial services conglomerate, headquartered in Chennai. It was founded on 5 April 1974 by R. Thyagarajan, AVS Raja and T. Jayarama

Shriram Group
Company typeConglomerate
IndustryFinancial services
Insurance
Real estate
Founded5 April 1974; 52 years ago (1974-04-05)
HeadquartersChennai, Tamil Nadu,
India
Area served
India
Key people
R. Thyagarajan
(Chairman)[1]
Number of employees
116,000 (December 2024)[2]
Websitewww.shriramcapital.com

Shriram Group is an Indian financial services conglomerate, headquartered in Chennai. It was founded on 5 April 1974 by R. Thyagarajan, AVS Raja and T. Jayaraman.[3][4] The group had its beginning in chit funds business and later on entered the lending and insurance businesses.

Former companies

  • Shriram Housing Finance was a home loan company which was a subsidiary of Shriram City Union Finance (and subsequently Shriram Finance).[5] In 2024, Warburg Pincus acquired Shriram Housing Finance for ₹4,630 crore[6] and renamed the company as Truhome Finance.[7]

References

  1. ↑ Narasimhan, T. E. (31 January 2012). "Why private equity loves the Shriram Group". Business Standard India. Retrieved 11 April 2021.
  2. ↑ "Shriram Capital Limited". Shriram Capital. Archived from the original on 23 June 2021. Retrieved 21 February 2024.
  3. ↑ "R Thyagarajan, Shriram Ventures Ltd: Profile and Biography". Bloomberg.com. Retrieved 2020-09-08.
  4. ↑ "About the Group". Archived from the original on 2021-06-23. Retrieved 2026-06-25.
  5. ↑ "Shriram City Union Finance may seek investor for housing unit". The Economic Times. Retrieved 11 April 2021.
  6. ↑ "US fund Warburg to buy Shriram Housing Finance". The Times of India. 14 May 2024. Retrieved 30 May 2024.
  7. ↑ Ray, Atmadip (15 January 2025). "Shriram Housing becomes Truhome Finance, eyes 30% annual growth". The Economic Times. Retrieved 23 February 2025.

Other websites

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