Cholamandalam Finance

Cholamandalam Finance is a financial services company in Chennai, India, founded in 1978. It has raised $40.0M across 1 round.

Headquarters
Chennai
Employees
10001+
Founded
1978
Business Model
B2C
Total Funding
$40.0M
Rounds
1

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 1 funding round and 2 investors for this company. The full record is or through the API.

About

Cholamandalam Investment and Finance Company Limited (CIFCL) is a leading Indian non-banking financial company (NBFC) headquartered in Chennai, Tamil Nadu, and a subsidiary of the Murugappa Group. Incorporated in 1978 as the financial services arm of the Murugappa conglomerate, the company began as an equipment financing provider and has since grown into a comprehensive financial services institution. Its core offerings include vehicle finance, home loans, home equity loans, SME loans, consumer and small enterprise loans, and personal collateral loans. The company also provides wealth management and investment services through associated entities. As of 2025, Cholamandalam employs over 50,000 people across India and has expanded significantly through organic growth and acquisitions. The company is publicly listed on the National Stock Exchange of India (NSE: CHOLAFIN) and the Bombay Stock Exchange.

Summary

It lists 10001+ employees. It has raised $40.0M in total across 1 round. Investors include Creador and Multiples PE.

Tech & App Stack

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Funding History

Data from Indexed.vcUpdated
Private EquityPrivate Equity
$40.0M

Investors

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