The journey of Piramal Capital & Housing Finance Ltd. (Piramal Finance) has been one of constant evolution. It encompasses reacting to feedback from existing clients as well as targeting new market opportunities to build a sustainable, value-driven financial services enterprise. The Financial services business of the Piramal Group came into being as a third party focused fiduciary, raising and deploying capital over a fixed tenure to realize returns for predominantly retail investors.

Further, following a strategic decision the foundation of an NBFC to start a proprietary lending business was laid. Later, the platform was reorganized via an integration of the fiduciary business and the NBFC to build a uniquely differentiated strategy that prioritized the relationship with the developer counterpart over and above the product or transaction itself. The platform also added a separate vertical, called the Corporate Finance Group (which already existed as Structured Investment Group under Piramal Enterprises Ltd.) to provide customized funding solutions to companies across sectors, thus, making the platform sector agnostic. Recently, the platform entered into the retail financing space through housing loans as a natural extension of the business, and later in 2020, forayed into business loans to make its lending spectrum even broader.