Godrej Capital raises ₹2,500 crore from Temasek

Godrej Industries Group has announced that Singapore’s Temasek Holdings, via its affiliate Jongsong Investments, will invest ₹2,500 crore in Godrej Capital, one of the group’s financial services arm, valuing the company at up to ₹28,000 crore.

“This investment will help accelerate growth, expand reach across India, deepen our offerings for businesses, individuals and the communities we serve, and strengthen our technology-led capabilities,” said Manish Shah, managing director and CEO, Godrej Capital. “With Temasek now part of our story, we are excited about the lasting value we will create for all our stakeholders,” he added.

Post transaction, the Group will retain approximately 80 per cent ownership in Godrej Capital, the company has said.

Godrej’s Financial Services business has scaled during 2025-26 with Assets Under Management (AUM) growing 65 per cent to ₹27,867 crore from ₹16,931 crore in the year earlier. It has reached ₹35,000 crore as of 31 October 2026.

Godrej Investment, a wholly owned subsidiary of Godrej Industries, is registered as a Non-Banking Financial Company – Core Investment Company (NBFC-CIC). Godrej Investment acts as the holding company for Godrej Capital and Godrej Wealth and Asset Management (GWAML), both of which are also structured as NBFC-CICs.

Under Godrej Capital, the operating platform comprises of Godrej Housing Finance, a housing finance company, and Godrej Finance, an NBFC, that offers loans across housing and other financing segments.

GWAML, on the other hand, has two subsidiaries: Godrej Wealth, which focuses on portfolio management and investments across asset classes including debt, equity, InvITs (Infrastructure Investment Trusts), REITs (Real Estate Investment Trust), and AIFs (Alternative Investment Funds); and Godrej Asset Management, which is being positioned to build a mutual fund platform.