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Sanlam sharpens India focus with JV
Mint Bangalore
|June 13, 2025
Sanlam Group is focused on three core markets—its home base South Africa, African continent and India
India's Shriram Group and South Africa's Sanlam Group on Thursday announced the launch of a wealth management joint venture firm, which aims to have ₹50,000 crore in assets under advice over the next five years. Shriram Wealth, a 50:50 joint venture between the two groups, operates in nine cities and aims to soon expand to Nagpur and Coimbatore, as the company eyes India's growing affluent and high net worth investor base. With a focus on expanding to tier-II and tier-III cities, Shriram Wealth is looking to scale rapidly.
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