Shriram Finance Ltd.

US private equity firm Blackstone Group LP and Singapore state investor Temasek Holdings are reportedly in talks to invest about $200 million in Shriram Ventures, the non-financial services arm of Shriram Group.

Shriram Group’s non-financial businesses include power, infrastructure and construction, and real estate, and the investment would be used to fund growth.

Shriram Transport Finance is the flagship company of the Chennai-based Shriram group and is classified as deposit taking Asset Financing NBFC. The company was with an objective to provide hire purchase and lease finance for the medium and heavy commercial vehicles to individual truck operators.