Status
ACTIVE
Global HQ
Mumbai, India
Countries of investment
- India
- UAE
- Singapore
- Mauritius
Investment stages
- Seed
- Series A
- Growth
Industries
- Financial Services
- Banking
- Fintech
About
IIFL Finance is one of India’s leading retail-focused non-banking financial companies (NBFCs) with a presence in over 500 cities. Originally part of the India Infoline group, it has evolved into a powerhouse providing mortgages, gold loans, and business financing. The company is publicly traded and serves as a major player in India's digital financial inclusion movement.
IIFL Finance is one of India’s leading retail-focused non-banking financial companies (NBFCs) with a presence in over 500 cities. Originally part of the India Infoline group, it has evolved into a powerhouse providing mortgages, gold loans, and business financing. The company is publicly traded and serves as a major player in India's digital financial inclusion movement.
Investment Thesis
IIFL Finance employs a Growth at Reasonable Price (GARP) strategy, targeting India's massive underserved financial retail and SME sectors. Their thesis leverages proprietary data and tech-driven credit underwriting to capture high-margin returns in microfinance and home loans. By maintaining a diversified lending book, they aim to achieve superior risk-adjusted returns compared to traditional banking peers.
Manager's Experience
The investment leadership combines backgrounds in Indian capital markets, private equity, and wealth management. Senior managers have decades of experience financing growth-stage companies across India, with strong exposure to financial services, consumer, and technology-enabled businesses in emerging markets.
Team
Arun Kumar Purwar - Chairperson
Nirmal Jain - Managing Director
R. Venkataraman - Joint Managing Director
Kapish Jain - CFO
Portfolio
Samasta Microfinance
5paisa Capital
NeoGrowth Credit
India Infoline
IIFL Home Finance