Cholamandalam Financial Holdings Limited
Premji Invest increased its stake in Cholamandalam Financial Holdings Limited from 1.01% to 1.44% by purchasing 8,04,766 shares, valued at approximately ₹113.31 Cr.
A core investment company registered with the RBI, this entity operates within the Murugappa Group and provides a diverse range of financial products and risk management services to individual and corporate customers. It leverages its integrated financial services platform through group companies to deliver comprehensive solutions across insurance, investment, and financial advisory segments, serving clients nationwide.
Family office of Wipro founder Azim Premji, founded in 2006. Manages around USD 15 bn (~Rs 1,25,000 cr) across listed equities, growth PE, venture and buyouts, with 119+ portfolio companies. Backed Akasa Air, FirstCry, Lenskart and others. The original Indian billionaire family office, deploying ~USD 10 bn of Premji's personal capital across long-term plays in financial services, tech, consumer, industrials and healthcare.
