British International Investment

IIFL Finance Limited

IndiaSouth AsiaFinancial services

India Infoline Finance (IIFL Finance) is a non-banking financial company (NBFC) headquartered in Mumbai.

Its portfolio comprises home loans, commercial vehicle finance, gold loans and SME business loans. It employs a workforce of over 10,500 people with a network of over 1,000 branches across India.

IIFL Finance is a wholly-owned subsidiary of IIFL Holdings Ltd, a finance and investment company founded in 1995 by entrepreneurs Nirmal Jain and R. Venkataraman.

CDC’s relationship with IIFL dates back to 1999 when it was one of the early investors in IIFL’s broking business.

Investments made by BII in this company:

Investment name Commitment Region Sector Start date Status
Investment 01 $150.08m Financial services September 2016 Exited
Investment 02 $48.18m Financial services June 2018 Active

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