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Shriram Housing Finance Renamed as Truhome Finance.

Banking & Finance | Dated: 22 Jan 2025

In January 2025, Shriram Housing Finance Limited (SHFL), a leading housing finance company in India, rebranded itself as Truhome Finance following its acquisition by Warburg Pincus and co-investors, including the Qatar Investment Authority (QIA), Qatar's sovereign wealth fund, from Shriram Finance.

🎯 Key Highlights:

  • - Shriram Finance Group secured an investment of ₹1,225 crore, raising the company's net worth to over ₹3,300 crore.

💡 Other Important Facts:

  • In December 2024, Shriram Finance sold its entire 84.44% stake in SHFL, its affordable housing finance subsidiary, to Warburg Pincus for a sale consideration of ₹3,929 crore.

📚 Test Your Knowledge:

What is the new name of Shriram Housing Finance Limited (SHFL) as of January 2025?

Correct Answer: Truhome Finance

🚀 Quick Recap: