

Joint Venture between
&
Shriram
General Insurance Company Limited is a Joint Venture between Shriram Capital Limited (Part of Shriram Group)
and Sanlam Limited. In this Joint Venture, Shriram Capital Limited
holds 74% of Equity and Sanlam Limited holds the balance 26% of the Equity.
Sanlam is the largest General Insurance Company in South Africa. Sanlam Limited was established in 1918, demutualised in 1998 and is a leading
financial services group in South Africa engaged in the business of
general insurance, life insurance, investment and independent
financial services. The market capitalization of Sanlam is
approximately USD 6 billion and has over USD 60 billion of assets under
management.
Shriram Group, established in 1974, having a turnover of USD 8 billion is among the leading corporate houses in India and is a major player in the Indian financial services sector. Shriram Group’s focus is on financial services that reach out to a large number of common people – providing them opportunities to improve their prosperity. Shriram Group has 5 million customers, 80,000 Agents / Associates, 30,000 Employees, and 1300 branchs spread all over the Country.
Financial Services constitute the core business of the Group, with Shriram being a clear leader in the truck financing and chit business. Shriram Transport Finance Company, is the largest Commercial Vehicle Financing NBFC in the country and Chit Fund Business of the Group is Numero Uno in the industry across India. In Consumer Finance, Shriram has presence all over India. Shriram Group has been pursuing diversification in areas other than financial services. Currently the group has presence in project engineering, property development, auto ancillaries and software services and is also looking to enter other industries.
Shriram Capital Limited (Formerly
Shriram Financial Services Holdings Pvt. Ltd.) is the holding arm of
the financial services activities of Shriram Group, Chennai. It has promoted a
number of companies engaged in diverse financial services activities
such as truck finance, consumer finance, chit business, Life
Insurance business, etc
| SHRIRAM GROUPShriram Group, established in 1974, having a turnover of USD 8 billion is among the leading corporate houses in India and is a major player in the Indian financial services sector. Shriram Group’s focus is on financial services that reach out to a large number of common people – providing them opportunities to improve their prosperity. Shriram Group has 5 million customers, 80,000 Agents / Associates, 30,000 Employees, and 1300 branchs spread all over the Country. |
| SHRIRAM TRANSPORT FINANCE COMPANY LIMITED (STFC)Shriram Transport Finance Company Limited (STFC), India's largest player in commercial vehicle finance, was established in the year 1979. The company has a network of 470 branches and service centres with assets under management of $470 million. The net profit for the year ending March 09 was 612 crores. |
SHRIRAM CITY UNION FINANCE LTDShriram City Union Finance Ltd.,set up in 1986 is a leading provider of retail loans.The company has a footprint of 633 Business Outlets across India.It is active in the areas of Consumer Durable Finance,Auto Finance,Personal Finance,Small Business Loans and Retail Gold Loans. |
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SHRIRAM LIFE INSURANCE CO. LTD.Shriram Life Insurance Co. Ltd., is a joint venture of the Shriram Group with SANLAM of South Africa.
Sanlam Life Insurance Limited, a part of Sanlam Group, is one of the largest providers of life insurance in South Africa with 3.2 million individual policies under administration. It has a significant presence across South Africa, United Kingdom and Namibia and is a major provider of life insurance, retirement annuities, saving and investment products, personal loans, home loans and trust services to individuals. The shareholder's funds of Sanlam Life equates to USD 4.4 billion. |
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SHRIRAM FORTUNE SOLUTIONS LTD.Shriram fortune Solutions Ltd. is one of the leading integrated financial services Company of India Backed by Shriram Group of Chennai. Today, SFSL is a premier financial distribution company and ranks among the top players in this business segment. SFSL offers financial planning solutions which are facilitated mainly through four products, Mutual Funds and Deposits. These products and solutions are supported by knowledge, expertise and experience of 80,000 loyal Business Associates and 30,000 employees. SFSL has a direct presence through more than 100 branches and an indirect presence in more than 330 locations throughout the country. The Company taps into the 50-lakh strong Pan-India customer base of the Shriram Group, as well as new clients through newer channels creating a huge demand for Investment & Insurance Products. Its goal is to become one of the top distributors of financial products. |
SHRIRAM CHITSShriram Chits is the largest chit funds entity in India. The trusted household Savings & Investments service provider, a pioneer in Micro Finance in India. The inexorable growth registered by Shriram Chits in recent years not only indicates the usefulness of this ancient instrument, but it is also a reflection of the customers' trust in the Shriram Group. The Annual Auction Turnover of our Chit Companies is touching Rs.3,000 crores.(US$ 715 million). Shriram Chits boasts the best record for timely disbursement of funds among all Chit Funds and offers excellent customer service for a community of 22,00,000 Subscribers. |
SHRIRAM PROPERTIES LTD.Shriram Properties Limited is a part of the “Shriram Group”, and was established in 1997 with a mission of creating splendid homes and amenable living spaces.
The property development business was started with a modest equity capital and a marketing philosophy that focused entirely on the customers’ needs in terms of design layouts, amenities, security, cost etc., and today Shriram Properties is a pioneer in property development business in South India. |
SHRIRAM VALUE SERVICESShriram Value is a leading IT, BPO and Learning & Development Solutions services company, with strong technology and domain expertise in Insurance , Financial Services , HR services and Business Process Management with a proven track record of |