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about IndoStar

IndoStar is a non-banking finance company "NBFC" registered with the Reserve Bank of India as a systemically important non-deposit taking company. We are a professionally managed and institutionally owned organization engaged in providing structured term financing solutions to corporates, used and new Vehicle Financing for transporters, Home Finance through our wholly-owned subsidiary IndoStar Home Finance Private Limited and loans to SME borrowers in India.  We have loans to suit your requirements so that your life takes-off.  We are committed to finding new ways to develop value-based and innovative financial solutions for our customers.

Our Values

  • Team Work

    Helping everyone achieve a common goal

    Individual talents in pursuit of a larger goal

    Proper communication between all depts to achieve common goal

  • Customer Centric

    Offer best solutions & delivering superior experiences

    Understanding requirement of customers & curating products accordingly - geography wise/state wise

  • Innovate

    Introduction of something new and effective into the market

    Privy to new developments and drive execution

  • Humble

    Display social charismatic behaviour at all times

    Being modest with all Customers, Colleagues & stakeholders

  • Integrity

    Doing right even when nobody's watching

    Steadfast adherence to a strict moral or ethical code

Management Team

  • Shreejit Menon

    Chief Executive Officer

    23+ years of experience
  • Pushkar Joshi

    Chief Financial Officer

    14+ Years of Experience
  • Shripad Desai

    Chief Operating Officer

    25+ Years of Experience
  • Paulomi Desai

    Chief People Officer

    15+ Years of experience
  • Krishanu Ray

    Chief Digital Officer

    16+ Years of experience
  • Nidhi Sadani

    Chief Compliance Officer

    8+ Years of experience
  • Ashutosh Verma

    National Collection Head

    16+ Years of experience
  • Satish Mehta

    Head - Operations

    18+ Years of experience
  • Srikant Balasubramanian

    National Credit Head

    25+ Years of experience
  • Yagnesh Vaidya

    Head – IT Infrastructure & Information Security

    25+ Years of Experience

Credit Ratings

IndoStar is rated by CARE Ratings Ltd., ICRA Limited, CRISIL Limited and India Rating & Research Private Limited (Fitch Group). IndoStar enjoys AA - (minus) rating for Long-Term borrowings and highest short-term rating of A1 + (plus) for Short-Term borrowings.

Long-Term

Instrument Debt Programme

Instrument Market Linked Debentures

Short-Term

Instrument Commercial Paper

Board of Directors

  • Vibhor Kumar Talreja

    Vibhor Kumar Talreja

    Vibhor Kumar Talreja is a Non-Executive Director of IndoStar. Mr. Talreja joined Everstone in 2019 as a Managing Director to lead the financial services sector along with other responsibilities. Prior to joining Everstone, he was working as a Director with Temasek India for over 12 years, where he led decision making on investments and divestments of over $2 billion each across both private and public transactions. Mr. Talreja has extensive experience in Financial Services, Industrial/Consumer, Real Estate & Telecom sectors and has worked with JM, Morgan Stanley and Tata Administrative Services. He is an alumnus of IIT Kanpur and IIM Bangalore.

  • Devdutt Marathe

    Devdutt Marathe

    Mr. Devdutt Marathe is an investment professional with over thirteen years of experience in the Private Equity space. He is currently a Senior VP at Brookfield Asset Management focused on the Private Equity business in the India / Middle East region. Previously, Devdutt Marathe was a Principal at Apax Partners, where he led or participated in several transactions across financial services, healthcare and technology sectors. Devdutt Marathe holds B.Tech. and MS degrees in Electrical Engineering from IIT Madras and Caltech (USA) respectively, and a PGDM from IIM Ahmedabad.

  • Shreejit Menon

    Shreejit Menon

    Shreejit Menon is the CEO of IndoStar Home Finance, Subsidiary of IndoStar Capital Finance Limited, since May 2, 2017. He holds a Bachelor’s degree in Commerce and Master’s degree in Management Studies from University of Mumbai. He has several years of experience with financial institutions like Religare Housing Development Finance Corporation Limited, Muthoot Housing Finance Company Limited and HSBC Limited.

  • Naina Krishna Murthy

    Naina Krishna Murthy

    Naina Krishna Murthy is Non-executive Independent Director of IndoStar Home Finance Private Limited. She has more than two decades of experience in the legal sector. She is the Founder and Managing Partner of Krishnamurthy & Company. She is also a trusted legal advisor to numerous corporations. Over the years, Ms. Murthy has built a strong reputation in corporate commercial law, specifically in the areas of mergers and acquisitions, joint ventures, collaborations and PE/VC investments. She was recognised by India Business Law Journal as ‘A List’ of India’s top 100 lawyers in 2018, 2017 and 2016.

Committee Composition

We are a professionally managed and institutionally owned organization.

Audit Committee

  • Mr. Shreejit Menon
  • Mr. Vibhor Kumar Talreja
  • Ms. Naina Krishna Murthy
  • Mr. Devdutt Marathe

Nomination & Remuneration Committee

  • Mr. Vibhor Kumar Talreja
  • Ms. Naina Krishna Murthy
  • Mr. Devdutt Marathe

Asset Liability Management Committee

  • Mr. Vibhor Kumar Talreja
  • Mr. Shreejit Menon
  • Mr. Pushkar Joshi
  • Mr. Devdutt Marathe

Risk Management Committee

  • Mr. Shreejit Menon
  • Mr. Vibhor Kumar Talreja
  • Mr. Devdutt Marathe
  • Mr. Srikanth Balasubramanian
  • Mr. Krishanu Ray
  • Ms. Nidhi Sadani

Corporate Social Responsibility Committee

  • Mr. Vibhor Kumar Talreja
  • Ms. Naina Krishna Murthy
  • Mr. Devdutt Marathe
  • Promoter and Promoter Group
    59.30%
  • Foreign Portfolio Investor
    12.10%
  • Mutual funds/Financial institutions/Banks
    11.16%
  • Other
    17.44%

CSR at IndoStar

Corporate social responsibility is an integral part of our company culture. As a responsible corporation, we respect the interests of our Stakeholders-our shareholders, employees, customers, suppliers, teaming partners, and the wider community. Also, we actively seek opportunities to improve the environment and contribute to the well-being of communities in which we operate. Our CSR initiative focuses mainly in the areas of sanitation, education and women empowerment through skilling and development.

CSR
  • Avasara Academy

    Promoting Education

    AVASARA ACADEMY

    Through Avasara Academy, IndoStar has contributed towards providing education to adolescent girls from economically weaker sections of the society. Based on the Cambridge curriculum, with an emphasis on leadership, entrepreneurship, and Indian studies, the Academy is equipping young women with essential tools to navigate life after school. Set up as a residential learning programme in Pune, the Academy continues to expand, introducing new facilities such as libraries and hostel accommodation. The students and their parents have changed their perception of receiving education; parents are now willing to send their kids to school to complete their schooling. The teaching techniques used here are more practical which prepares students for real life scenarios. The students get an equal opportunity to actively involve themselves in sports as they have access to the Oxford Golf ground in Pune.

  • Empowering Women

    Empowering Women

    Population First

    This initiative promotes the economic empowerment of women through vermi-composting. Learning this skill equips members of villages with a life-long method of earning money while living a healthier life. Women have become more confident and have the ability to contribute towards household incomes, while also being further committed to developing their marketing skills to increase sales. Children in schools are learning the importance of hygiene and have become advocates for the construction of kitchen gardens and soak pits in their community.

Sanitation

Sanitation
Centre for Environmental Research and Education (CERE)

Under the Water Conservation and Rainwater Harvesting Project, conducted at the Ploice HQ in Naigaon, IndoStar contributed towards the augmentation of water for the police family of the region. This project has yield notable environmental and social outcomes:

  • Harvesting 38.8 million litres of rain water every year.
  • Increase in ground water table of the entire Naigon precinct area in Dadar.
  • Recharge of defunct bore wells.
  • Decrease in soil salinity and salt water ingress
  • Better maintenance of 3 large police grounds which is used for training, parades and sports
  • Improved living conditions in police colonies as they used the water for household chores
  • Promotion of environmental sustainability within police force
  • Water access for tree plantation drive in the police colonies

All the members of the police community have been enthusiastically involved in this project, being actively involved in CERE to complete it on time. The families were trained on the usage and saving of water, thus, helping a deserving section of society that is usually ignored.