IIFL

India Infoline Limited is a leading financial services company in India.

IIFL Holdings Limited (formerly known as India Infoline Limited) is the apex holding company of the entire IIFL Group, which is a leading financial services company in India, promoted by first generation entrepreneurs. They have a diversified business model that includes credit and finance, wealth management, financial product distribution, asset management, capital market advisory and investment banking. They have a largely retail focused model, servicing over 2 million customers, including several lakh first-time customers for mutual funds, insurance and consumer credit. This has been achieved due to their extensive distribution reach of over 2,700 business locations and also innovative methods like seminar sales and use of mobile vans for marketing in smaller areas. Their evolution from an entrepreneurial start-up to a market leadership position is a story of steady growth by adapting to the changing environment, without losing the focus on their core domain of financial services. Their NBFC and lending business accounts for 71% of their consolidated income in FY14 and has a diversified product portfolio rather than remaining a mono-line NBFC. They are a leader in distribution of life insurance and mutual funds among non-bank entities. Although the share of equity broking in total income was only 11% in FY14, IIFL continues to remain a leading player in both, retail and institutional space.