About the Business
About IIFL: Pioneering Financial Excellence since 1995
In the annals of financial history, India Infoline Limited (IIFL) stands as a beacon of excellence, tracing its roots to its founding on October 17, 1995, by the visionary duo Nirmal Jain and R. Venkatraman. Formerly affiliated with Hindustan Lever Limited, Nirmal Jain brought his wealth of experience to co-found the company initially known as Probity Research and Services Private Limited, specializing in research on the Indian economy, businesses, and corporates. This entity later evolved into the powerhouse known today as India Infoline Limited.
Embarking on the Dotcom Revolution:
In 1999, the inception of the IIFL website marked a pivotal moment, leveraging the burgeoning dotcom revolution to reach millions of readers. The journey progressed in 2000 with the establishment of the trading portal, 5paisa, catapulting IIFL into the domain of a full-service booking agency. Simultaneously, the organization expanded its distribution network, capitalizing on the momentum of the dotcom era.
Diversification into Insurance:
In a strategic move in 2001, IIFL joined forces with the leading Life Insurance company ICICI Prudential, pioneering its role as India’s first corporate agent for insurance. The year 2009 witnessed the commencement of the global investor conference, Enterprising India, attended by luminaries such as Jim Walker, David Bloom, and Brahma Chellany.
Global Presence and Operations:
With a footprint spanning approximately 4000 business locations across 900 cities in India and presence in eight other countries—Singapore, Dubai, USA, UK, Switzerland, Hong Kong, Mauritius, and Sri Lanka—IIFL has positioned itself as a global financial entity.
Company Profile:
IIFL Holdings Ltd comprises nine companies, each contributing to its multifaceted financial portfolio. These include India Infoline Ltd., India Infoline Finance Limited, India Infoline Insurance Brokers Ltd., India Infoline Commodities Ltd., IIFL Assets Management Company & IIFL MF, IIFL Private Wealth Management Ltd., IIFL (Asia) Pte Ltd., IIFL Inc. (US) Investment Advisors Ltd., IIFL (UK), and IIFL Multi National Company.
Awards and Recognition:
IIFL has garnered numerous accolades, including recognition for its analysts and prestigious awards such as the ‘Entrepreneur of the Year’ award at the 10th Franchise India Awards 2012 and the ‘Best Wealth Management House’ by The Asset Triple A in 2012.
Diverse Product Offerings:
IIFL provides an extensive array of financial products and services, encompassing equity, commodities, currency, mutual funds, insurance, structured products, equity Portfolio Management Services (PMS), will creation, estate planning, financial planning, algo trading, loans, and real estate.
Software Solutions:
In the technological realm, IIFL offers cutting-edge software solutions, including trade terminals and Customer Relationship Management (CRM) systems.
Embrace financial excellence with IIFL, where innovation meets experience to shape the future of financial services.
