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Vasha M
Vasha M
Founded in 1997, Centrum is a well-respected Financial Services Group, with diversified fee
businesses and a rapidly growing lending platform for institutions and individuals. Centrum
were ranked at 150 in the Economic Times Top 500 companies in India for 2018.
Centrum Institutional services include Investment Banking, SME, MSME and Micro Finance
loans and an institutional broking desk catering to FIIs, Pension Funds, Indian Mutual Funds,
Domestic Institutions and HNIs with widespread coverage on niche midcap companies.
Centrum provide comprehensive Wealth Management Services to HNIs and Family Offices,
affordable housing finance in tier 2 & 3 cities and Insurance plans across Life, General &
Health Insurance. Its Asset Management business offers funds across private debt, public
equity, venture capital and real estate.
Centrum have a strong leadership team comprising of industry veterans and experts with a
successful track record. Its operate out of 56 cities PAN India and have an international
presence in Singapore & Dubai.
Key Milestones :-
1997: Centrum was founded by Chandir Gidwani and the Late. Khushrooh Byramjee.
2001 : Commenced in Project Finance Business
2003 : Expanded Centrum Forex business by setting up an office in the Middle East
2006 : Started our Institutional Broking business. Currently, we have over 120 companies
under our coverage.
2008 : Acquired Club7 Holidays as an extension to our Forex business. Acquired a FINRA
license to commence operations in USA & UK.
2010 : Formed a JV with Commonwealth Finance Corporation (CFC) in Hong Kong to offer
Asset Management Services to clients in India & Hong Kong
2011 : Set up Centrum Wealth Management to offer holistic Wealth Management, Portfolio
Management and Family Office Services to HNI clients.
2013 : Acquired 'Visas of the World' as an extension to its Forex business
2015 : Launched www.centrumforex.com an online portal to buy & sell foreign exchange
and prepaid travel currency cards
2016 : Commenced operations in Insurance Distribution, Housing Finance, SME & MSME
Finance and launched its maiden Private Equity Fund -Kalpavriksh Launched an innovative
Mobile wallet cum physical Rupee Card - Centrum Pay
2016 : Entered into a strategic alliance with Doha Bank to offer the bank's clients with our
Forex, Wealth Management and Investment Banking Services
2017 : Commenced operations in Micro Finance lending with the acquisition of FirstRand
Bank India Micro finance portfolio.
2018 : Successfully monetized the Money Exchange business by selling it to Atlanta based,
NASDAQ listed – Ebix Inc.
2018 : Acquired The Supply Chain Finance Business from L&T Finance.
2019 : Centrum launches Rs. 500 Crore Structured Credit Fund.
We provide loans to only women entrepreneurs and self-help groups under the Joint Liability
Group (JLG) model. We offer loans that can be used for income generation like setting up or
expanding a small business, thereby empowering these financially excluded women to raise
their living standards.