Shriram Group Overview
Pro stress-test →Shriram Group is an Indian financial services conglomerate headquartered in Chennai. Founded on April 5, 1974 by R. Thyagarajan, AVS Raja and T. Jayaraman, the group began in chit funds and has evolved into a diversified financial services and insurance powerhouse. Shriram Finance is the flagship company with a significant presence in consumer finance, life insurance, general insurance, housing finance, and stock broking, and is one of India's largest retail asset financing NBFCs with AUM of more than Rs 2.6 trillion.
Strategic Profile
Pro stress-test →Shriram Finance provides financial services such as commercial vehicle finance, passenger vehicle finance, SME finance and retail lending including personal loans, gold loans and two-wheeler loans. The group maintains a vertically integrated business model with strong competencies in loan origination, asset valuation, and collections. In December 2025, Shriram Finance entered into an investment agreement under which Japan-headquartered MUFG Bank would acquire a 20% stake via preferential share allotment in a transaction valued at around US$4.3 billion.
Competitive Landscape
Pro stress-test →Shriram Finance is one of India's largest retail asset financing NBFCs with AUM of more than Rs 2.6 trillion. The NBFC sector includes competitors like Bajaj Finance, HDFC Bank's lending arm, and regional players focused on vehicle and consumer financing. Shriram's competitive advantage derives from rural penetration, underserved segment focus, and integrated product ecosystem spanning insurance and wealth management.
Industry Context
Shriram Group operates in Non-Banking Financial Services (NBFC) and Financial Services.
Key facts
Founded: 1974 · Headquarters: Chennai, India · Employees: 77,724 · Revenue: $4.8B · Market cap: $55B