Shriram Group founder R Thyagarajan bets on math and mathematicians for business success, not that much on B-school grads. Sanjay Vijayakumar & V Balasubramanian, ET Bureau May 27, 2012, 06.44AM IST In the nearly four decades of shepherding the Shriram Group, R Thyagarajan, 75, has come to be recognised as an outlier.
For long, he has been making a success of used-trucks financing targeted at truck drivers and cleaners, a customer base few others deem creditworthy. His Shriram Group was one of the few non-banking financial companies that survived stringent norms imposed by the Reserve Bank of India ( RBI) in late 1990s to control fraud. And he has never been overwhelmed by private equity (PE) - scores of whom have invested in his group companies - while the evidence in other business groups is different. In two years, if his latest prediction is on the dot, Thyagarajan might be able to add one more to this list. Number Support The broad idea must have been in force for years now.
He and his friends have donated close to Rs 10 crore to the former. The Low-Key Boss. Google. Take_solutions_annual-report_2012.pdf (application/pdf Object) Shriram Capital Limited. Shriram was one of the late entrants into the Life Insurance business in India, which saw a huge influx of private players entering the industry ever since new licenses were issued in 2006. The largest Insurance player in South Africa, Sanlam is Shriram’s partner in the Life Insurance business. To read more, please visit: www.sanlam.co.za Shriram Group has a large customer base through its Chit Funds, Transportation, Consumer Finance businesses, which serve as the initial readymade target market for Life Insurance business.
Effective penetration into the customer base and an excellent leveraging of the group’s network enabled the Life Insurance business to do exceptionally well in its first 3 years of operations in comparison to the other industry players with the same vintage. Shriram Capital Limited. Arun Duggal is Chairman of Board of Directors of Shriram Capital, Shriram Transport Finance Company, Shriram Properties, Shriram City Union Finance, and Shriram EPC. He is also Chairman of Bellwether Microfinance Fund, which provides equity capital to promising Micro Finance organizations and helps them in capacity building. Mr. Duggal is also a Senior Advisor to TPG Capital, a major Private Equity firm headquartered in San Francisco and Credit Asia Capital, Singapore. He is an experienced international Banker and has advised companies and financial institutions on Financial Strategy, M&A and Capital Raising. He is the Vice Chairman of International Asset Reconstruction Company and Indian Venture Capital Association.
He is on the Board of Directors of Jubilant Energy. Prior to joining Shriram Group, Mr. Portfolio. Home. Shriram Insight-Indian retail stock broking, online share trade, stock prices, demat, commodities, MCX , derivatives, investment advice, NSE, BSE, nifty, sensex, global market news, equity research, mutual fund, general insurance, capital gains report, te. Shriram City - Our Products Small Business Loan.
Corporate-Profile-July-2012.pdf (application/pdf Object) Shriram Commercial Vehicle Finance. Global Reach. TPG has built a strong international presence with 18 offices in 10 countries.
We were one of the first U.S. -based private investment firms to establish significant operations in Asia and Europe, in 1994 and 1995 respectively. The deep insight we have gained positions TPG to recognize – and act on – opportunities that arise from global macroeconomic trends. North America TPG invests across many industry sectors, including financial services, industrials, healthcare and pharmaceuticals, airlines, media and entertainment, retail, consumer products, and travel and leisure.
We have developed a broad set of investment and operational capabilities that support multiple strategies including buyouts, turnarounds and off the beaten path investments. Our team in North America supports international investments in key industry sectors and collaborates with other TPG-affiliated platforms. Europe and Eurasia TPG first invested in Europe in 1995. TPG Capital UK Disclosure Asia.