Edelweiss

Edelweiss is one of India's leading diversified financial services company providing a broad range of financial products.

Edelweiss is one of India’s leading diversified financial services Group. Edelweiss offers a large range of products and services spanning across asset classes and consumer segments. Its businesses are broadly divided into Credit including Retail Finance and Debt Capital Markets, Commodities, Financial Markets, Asset Management and Life Insurance. The group’s research driven approach and proven history of innovation has enabled it to foster strong relationships across corporate, institutional and individual clients. The Life Insurance, Retail Finance including Housing Finance, Mutual Fund and Retail Broking businesses – both online and offline formats, have paved the way for Edelweiss to cater to the large retail client segment. Edelweiss’ presence now covers 240 offices in 125 cities including eight international offices with 5,555 employees catering to over 572,000 clients across various businesses in retail and wholesale segments. Over the years, Edelweiss progressively widened its services basket by moving into adjacent business spaces. Edelweiss was a purely capital market-focused player a few years ago; this business accounts for only about a third of its revenues today. As Edelweiss continues to broad base revenues, a rising proportion of growth will be derived from its Credit, Asset Management, Commodities and Insurance businesses. Edelweiss possessed a balance sheet size at the end of FY 12 of over INR 145 Bn with a net worth of over INR 28 Bn. Edelweiss focuses on low gearing that provided the organisation with sufficient headroom to fund growth without comprising its balance sheet integrity. Edelweiss’ risk mitigation practices are strengthened through timely investments in people, processes and IT capabilities on the one hand, and credible governance practices stewarded by an industry-renowned Board on the other. Edelweiss cultivates a culture of entrepreneurship and ownership among its people. The Group continues to invest in developing leadership and managerial talent across the organization through a four-tier system of identifying, nurturing and mentoring leaders. Fountainhead, Edelweiss’ state-of-the-art leadership centre in Alibaug, is among few such centres in the Indian Financial Services industry, promoting among others, a culture of training and development across the group. The Edelweiss brand is a much respected brand enjoying widespread recognition due to consistent investment in diverse set of brand building efforts spanning both conventional and unconventional channels. The ‘Ideas create, values protect’ tagline underlines all branding efforts. A testament to the quality of the reputation being enjoyed by Edelweiss is the fact that Superbrands India has recognized Edelweiss as the Business Superbrand in the year 2011.