Singapore-based investment firm Temasek Holdings will invest ₹2,500 crore in Godrej Capital, the financial services arm of Godrej Industries Group, at a valuation of up to ₹28,000 crore. The investment marks a major development in India’s financial services sector and will support the company’s next phase of expansion.

The investment will be made through Temasek’s affiliate, Jongsong Investments Pte Ltd. Following the transaction, Godrej Industries Group will retain approximately 80% ownership in Godrej Capital. The deal is subject to regulatory approvals.
Godrej Capital Targets ₹1 Lakh Crore AUM
Founded in 2020, Godrej Capital provides financial solutions to individuals and businesses through its subsidiaries. Its offerings include home loans, loans against property, working capital loans, construction finance, gold loans, supply chain finance and personal loans.
The company operates in more than 100 cities across India and reported assets under management (AUM) of ₹35,000 crore as of October 31, 2026.
With the fresh investment, Godrej Capital aims to expand its geographical presence, strengthen its lending portfolio and enhance its technology-driven capabilities. The company has set a target of reaching ₹1 lakh crore in AUM by 2031.
Temasek Strengthens India Financial Services Bets
Pirojsha Godrej, Chairperson of Godrej Industries Group, said financial services is a key long-term growth area for the group. He added that Temasek’s investment reflects confidence in the business and its future growth potential.
Manish Shah, Managing Director and CEO of Godrej Capital, said the funding would help accelerate expansion, improve customer offerings and strengthen technology-led operations.
The investment also adds to Temasek’s growing exposure to India’s financial services sector, where it has interests in businesses including ICICI Bank.
The deal highlights continued investor interest in India’s lending and financial services market, particularly in technology-enabled businesses with opportunities for expansion across the country.
