Shriram Group

Shriram Group is an Indian conglomerate founded on 5 April 1974 by Ramamurthy Thyagarajan,[2] AVS Raja and T. Jayaraman. They have their headquarters in Chennai, Tamil Nadu, India.[3][4][5] The group had its beginning in chit funds business and later on entered the lending business through Shriram Transport Finance[6] (Commercial Vehicle Finance), Shriram City Union Finance[7](Consumer and MSME Finance) and Shriram General Insurance Co. Ltd.[8](General insurance). In 2018, the company forayed into metallurgy by setting up a unit in Odisha.[9]

Shriram Group
Typesemi-government held company
IndustryConglomerate
Founded5 April 1974 (1974-04-05) in Chennai, Tamil Nadu, India
HeadquartersChennai,
Area served
India
Key people
R. Thyagarajan (chairman)
Revenue759,526 million (US$11 billion) (2017)
Number of employees
45000[1] (2017)

References

  1. "Shriram Life Insurance". www.shriramlife.com. Retrieved 8 September 2016.
  2. "R Thyagarajan, Shriram Ventures Ltd: Profile and Biography". Bloomberg.com. Retrieved 8 September 2020.
  3. "About the Group".
  4. Raghuvir Badrinath & T E Narasimhan (24 May 2012). "Shriram Group's Rs 400-cr PE plan to bind its cement foray". Business Standard. Retrieved 7 August 2012.
  5. Sanjay Vijayakumar & V Balasubramanian (27 May 2012). "Shriram Group founder R Thyagarajan bets on math and mathematicians for business success, not that much on B-school grads". Economic Times. Retrieved 7 August 2012.
  6. "Shriram Transport Finance".
  7. "Shriram City Union Finance".
  8. "Shriram General Insurance Co. Ltd".
  9. "Shriram Group mulls foray into metallurgical biz in Odisha"
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