Manappuram Finance Limited
One of India’s leading gold loan NBFCs
Manappuram Finance Ltd, established in 1986 by the founder and promoter, Mr. Nandakumar, is an NBFC that focuses primarily on small ticket retail loans secured against household gold jewellery to customers who have limited access to bank credit in India. Manappuram has diversified into new product lines, including loans against vehicles, affordable home loans, SME loans and microfinance loans. The company serves over 5.6m customers through 5,000+ branches located largely in rural and semi-urban parts of India.
Company
Investment year
2017
Sector
Services
Country
India
Deal status
Realised