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Nirmal Jain
Indian billionaire businessman (born 1967)
Nirmal Jain (born 1967) is an Indian billionaire businessman. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerate.
IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firmGeneral Atlantic and CDC Group, the UK Government's private equity arm.[1][2][3]
Early life
Nirmal Jain earned a bachelor's degree in commerce (B.Com) from Narsee Monjee College of Commerce and Economics, a constituent college of the University of Mumbai, followed by MBA from the Indian Institute of Management Ahmedabad.[4] He is also a certified chartered accountant from ICAI.[4]
Career
In 1989, Jain started his career with Hindustan Unilever, as a commodities' trader.[5]
In 1995, Jain founded an equity research company that later became India Infoline (or IIFL Group).
In 2000, he started one of India's first online
