Japanese parent company invests INR 300 crores in ORIX Corporation India
In a significant move, ORIX Corporation India, a leading mobility solutions and financial services provider, has secured a Rs 300 crore equity investment from its Japanese parent firm, ORIX Corporation. This strategic investment is set to accelerate the expansion of ORIX India's businesses, reinforcing the group's long-term commitment to India's mobility and financial services sectors.
The investment forms part of ORIX Corporation's strategic plan to expand its businesses in India. Key aspects of ORIX India's strategic expansion plan include a focus on the mobility sector, financial services growth, and digital transformation initiatives.
In the mobility sector, ORIX India aims to grow its business, which involves vehicle leasing, fleet management, and related services. This expansion aligns with broader trends in India’s urbanization and increasing demand for efficient and sustainable transport solutions. The investment will support the development of innovative mobility solutions leveraging technology and potentially electric vehicle (EV) infrastructure.
ORIX also plans to enhance its financial services offerings, including lending, leasing, and asset financing targeted toward retail and commercial customers. This includes leveraging digital technologies to improve accessibility and customer experience.
The Rs 300 crore equity infusion from the parent company will be utilized to strengthen the company’s capital base, enabling additional lending capacity, product development, and geographic expansion within India.
While ORIX Group globally has been heavily investing in renewable energy and energy transition projects, the Rs 300 crore investment in ORIX India specifically underscores a pivot towards mobility and financial services to complement its existing portfolio.
ORIX India intends to leverage its parent company’s expertise and capital resources to build scalable businesses addressing India’s growing urban mobility needs and rising demand for financial solutions. This expansion is part of ORIX Corporation’s broader strategy to diversify and deepen its footprint in high-growth sectors in India, capitalizing on urbanization, technological innovation, and increasing demand for sustainable mobility and financial services.
The investment also aims to further strengthen ORIX India's footprint in the domestic market and drive the growth of ORIX India's financial services portfolio under OLFS, a wholly-owned subsidiary of ORIX Corporation India. Yoshiaki Matsuoka, Executive Officer at ORIX Corporation, has expressed his support for ORIX India's growth and strengthening its position in the country. His statement indicates that ORIX Corporation is committed to supporting ORIX India's growth during its next phase of expansion.
This strategic investment by ORIX Corporation will not only support ORIX India's growth but also contribute to infrastructure enhancement, particularly in the areas of sustainable mobility and digital financial services. The investment will help ORIX India scale its leasing and mobility solutions businesses and strengthen its position in the mobility and financial services sectors.
The strategic investment from ORIX Corporation will support ORIX India's growth in the financial services sector, focusing on lending, leasing, and asset financing.
The equity infusion will also be instrumental in the development of innovative mobility solutions and the expansion of ORIX India's mobility sector businesses, including vehicle leasing, fleet management, and related services.
