Sriram Finance's success story:

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Founding: Sriram Finance was founded in 1979 by R. Thyagarajan, a visionary entrepreneur.

Humble Beginnings: Started as a small chit fund company in Chennai, India.

Diversification: Expanded into various financial services, including:

- Commercial vehicle finance

- Retail finance

- Insurance

- Investments

Innovations:

- Introduced innovative products like "Sriram Transport Finance"

- Launched "Sriram City Union Finance" for retail finance

-  Adopted technology for efficient operations

Expansion:

Grew from a single branch to over 1,000 branches across India

Employed over 20,000 people

- Assets under management (AUM) exceeded ₹1.3 lakh crores

Awards and Recognition:

"Best NBFC of the Year" by The Financial Express

"Excellence in Finance" by The Economic Times

- "Best Employer" by Business Today

Challenges Overcome:

- Weathered economic downturns and regulatory changes

- Adapted to changing market dynamics and customer needs- Weathered economic downturns and regulatory changes - Adapted to changing market dynamics and customer needs

Today:

- Sriram Finance is one of India's largest and most respected financial services companies

- Continues to innovate and expand its offerings

Sriram Finance's success story is a testament to visionary leadership, innovation, and adaptability, making it a leader in India's financial services sector.

The Sri Ram Group is an Indian conglomerate with various subsidiaries, including:The Sri Ram Group is an Indian conglomerate with various subsidiaries, including:

Shriram Finance: The flagship company providing financial services like commercial vehicle finance, passenger vehicle finance, SME finance, and retail lending

Shriram Housing Finance: A subsidiary of Shriram Finance offering home loan services

Shriram Life Insurance: The life insurance arm and a joint venture between Shriram Group and South African company Sanlam

Shriram General Insurance: Engaged in commercial and retail vehicle insurance, home insurance, and travel insurance, and is a joint venture between Shriram Group and Sanlam

Shriram Financial Ventures: The holding company and promoter of Shriram Group's financial services and insurance businesses

Shriram Properties: A real estate developer focusing on mid-income housing projects, primarily in South India

Shriram Fortune: The financial services distribution arm of the group

Shriram AMC: An asset management company focused on mutual funds

Shriram Insight: A retail stockbroker

Shriram Wealth: Provides wealth management advisory services

These companies operate under the Sri Ram Group, catering to various financial and real estate needs

The Shriram Group's turnover is approximately ₹1,50,000 crores ¹. The group has a diverse portfolio of businesses, including financial services, insurance, and real estate, with total assets worth ₹2.8 lakh crores