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Bajaj Finance Limited. Bajaj Finance Limited ( BFL) is an Indian non-banking financial company headquartered in Pune. [ 6][ 7] It is one of the leading non-banking financial companies (NBFCs) of India with a customer base of 83.64 million and holds assets under management worth ₹330,615 crore (US$40 billion), as of March 2024. [ 8][ 9]
Bajaj Finance was initially incepted as Bajaj Auto Finance in 1987. Later diversified into business and property financing. [27] [28] Bajaj Allianz Life Insurance is a joint venture between Bajaj Finserv and Allianz SE. [29] Being one of the private insurance companies in India, it offers insurance products for financial planning and security. [30]
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. [ 2][ 3] The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. [ 4] The group has involvement in various industries that include automobiles (2- and 3 ...
Bajaj began his career in 1994 with Bajaj Auto. [8] [9] During his years at Bajaj Auto, he held various leadership roles [10] [11] in finance, legal, and international business functions within the organisation. [12] [13] [14] He was credited with bringing American-style supply chain management to Bajaj Auto, using General Motors as a model.
Bajaj is the world's largest manufacturer of auto rickshaws and accounts for almost 84% of India's three-wheeler exports. During the FY 2012–13, it sold approx. 4,80,000 three-wheelers which was 57% of the total market share in India. Out of these 4,80,000 three-wheelers, 47% were sold in the country and 53% were exported.
Mahindra Asset Management Company Private Limited is a wholly owned subsidiary of Mahindra and Mahindra Financial Services Limited (MMFSL). Mahindra AMC Pvt Ltd is the Investment Manager for Mahindra Mutual Fund. It started its operation in July 2016, with an AUM of ₹120 crore. Currently its NAV is floating around ₹1000.
Bajaj Electricals Ltd is an Indian consumer electrical equipment manufacturing company based in Mumbai, Maharashtra. [5] It is a part of the ₹ 380 billion (US$4.6 billion) Bajaj Group . It has diversified with interests in lighting, luminaries, appliances, fans, LPG based generators , [ 6 ] engineering and projects.
The Bajaj Group is involved in industries such as sugar, consumer goods, power generation, and infrastructure development. In 1953, Kamalnayan Bajaj established Bajaj Sevashram to market and sell hair oils and other beauty products. [4] Bajaj Consumer Care Ltd. is the third-largest player in India's hair oils production, including light hair oil.