IIFL Holdings Limited (formerly India Infoline Limited) d/b/a IIFL and India Infoline,[3] is an Indian diversified financial services company headquartered in Mumbai. The organisation was founded by Nirmal Jain.[4] IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government’s private equity arm.[5][6][7] IIFL is ranked among the top seven financial conglomerates in India [8] and as the top independent financial services firm in India in terms of market capitalisation.[9] Nirmal Jain is the chairman of the group, while R Venkataraman is the group managing director and co-promoter.[10]