Shriram Group

Companies

• Shriram Finance is the flagship company of the group which provides financial services such as commercial vehicle finance, passenger vehicle finance, SME finance and retail lending (personal loans, gold loans and two-wheeler loans). It was formed in 2022 as the result of a merger of Shriram City Union Finance and Shriram Capital into Shriram Transport Finance. In December 2025, it was announced that Shriram Finance had entered into an investment agreement under which the Japan-headquarted MUFG Bank would acquire a 20% stake in the company via a preferential share allotment. The transaction, valued at around US$4.3 billion, was subject to regulatory approval and involved Shriram Finance’s principal shareholders.
• Shriram Life Insurance is the life insurance arm of the group, and a joint venture between Shriram Group and South African company Sanlam.
• Shriram General Insurance is engaged in commercial and retail vehicle insurance, home insurance and travel insurance. It is a joint venture between Shriram Group and Sanlam.
• Shriram Capital (formerly Shriram Financial Ventures) is the holding company and promoter of Shriram Group's financial services and insurance businesses. It is jointly owned by Shriram Ownership Trust (59.3%) and Sanlam Group (40.7%).
• Shriram Properties is a real estate developer focusing on mid-income housing projects, primarily in South India.
• Shriram Fortune is the financial services distribution arm of the group.
• Shriram AMC is an asset management company focused on mutual funds.
• Shriram Insight is a retail stockbroker.
• Shriram Wealth provides wealth management advisory services.
• Shriram Automall is a vehicle auction platform started as a subsidiary of Shriram Transport Finance. In 2018, CarTrade acquired a majority stake in Shriram Automall. Shriram Finance holds a 44.56% stake in Shriram Automall, as of 2024.

Former companies

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

References

References

1. (31 January 2012). "Why private equity loves the Shriram Group". Business Standard India.
2. "Shriram Capital Limited". Shriram Capital.
3. "R Thyagarajan, Shriram Ventures Ltd: Profile and Biography".
4. "About the Group".
5. "Corporate Presentation/Investor updates of Shriram Finance Limited". Shriram Finance.
6. "Shriram Capital, Shriram City Union Finance to merge with Shriram Transport Finance". Moneycontrol.
7. (3 February 2021). "Shriram City Union Finance aims over Rs 6,000 cr disbursement in Q4". Business Standard India.
8. "Aided by two-wheeler loans, Shriram City sees strong growth in Q3 disbursements". @businessline.
9. "India's largest commercial vehicle financier Shriram Transport sees 73% loan repayments in August". www.businesstoday.in.
10. Gullapalli. (2025-12-22). "MUFG Bank to acquire 20% stake in India’s Shriram Finance for $4.3bn".
11. "Sanlam to up stake in Shriram Life to 49%". @businessline.
12. "Shriram General Insurance on expansion spree". @businessline.
13. (23 November 2022). "Shriram Financial Ventures to be holding company in Shriram Group recast". Business Standard.
14. (18 September 2024). "Shriram group: Believes ‘retail ARC’ is a blue ocean, kicks-off with ₹300-cr investment". BusinessLine.
15. (10 April 2021). "Shriram Properties files draft papers to raise ₹800 crore via IPO". mint.
16. (30 October 2019). "Shriram Capital mulls merger of group cos to facilitate exit of Piramal Group and TPG". The News Minute.
17. "Shriram AMC to launch two new schemes in current fiscal". The Economic Times.
18. (25 January 2018). "CarTrade acquires 51 per cent in Shriram Automall to create India's largest online vehicle transaction platform". The Economic Times.
19. "Shriram Finance". ICRA.
20. "Shriram City Union Finance may seek investor for housing unit". The Economic Times.
21. (14 May 2024). "US fund Warburg to buy Shriram Housing Finance". The Times of India.
22. (15 January 2025). "Shriram Housing becomes Truhome Finance, eyes 30% annual growth". The Economic Times.