Industries:
Financial Services
FinTech
Automotive
Information Technology
Transportation
Investor Types:
Venture Capital
Investment Stages:
Location: Chennai, Tamil Nadu, India
Cholamandalam is an Indian assurance firm that provides a range of assurance schemes, including accident, engineering, health, liability, marine, motor, property, travel, and rural insurance for individuals and corporate assurance.
Cholamandalam’s assurance products targeted at individuals include health insurance, car insurance, travel
insurance, home insurance, and personal accident insurance. While its products targeted at corporate firms include health, fire, engineering projects, engineering operations, property crime, marine insurance, and liability insurance.
Cholamandalam was established in 2001 as a result of a joint venture between Murugappa Group, a major South Indian business conglomerate and Japan’s largest general insurance firm, the Mitsui Sumitomo Insurance Group.