The Muthoot Group

The Muthoot Group
Company typeConglomerate
IndustryFinance
Hospitality
Broadcast media
Healthcare
Education
Renewable energy
Real estate
Restaurant
Founded1887
HeadquartersKochi, Kerala, India
Key people
George Alexander Muthoot (MD)
George Jacob Muthoot (director)
George Thomas Muthoot (director)
RevenueIncrease 62.43 billion (US$750 million) (2018)[1]
Number of employees
30,000+ (2017)[2]
Websitewww.muthootgroup.com Edit this at Wikidata

The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala.[3] It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, precious metal, restaurant, and hospitality. Muthoot Group operates in 29 states in India, and has presence in Nepal, Sri Lanka, US, UK and UAE.[4] The group manages assets of over $4.5 billion. It is owned and managed by the Muthoot family.

The group takes its name from the Muthoot Family based in Kerala. The company was set up by M. N. Mathai (who goes by N. Mathai Muthoot) in 1887 at Kozhencherry, a small town in the Kerala. It was then later taken over by his son M George Muthoot, who incorporated the finance division of the group, which was until then primarily involved in wholesale of grains and timber. The company is now managed by the third and fourth generation of its family members.

  1. ^ "Muthoot Finance Ltd". The Economic Times. Retrieved 25 July 2018.
  2. ^ "Muthoot Group to hire 1,000 employees each in next 4 years". The Economic Times. 17 February 2009. Retrieved 10 March 2010.
  3. ^ "Muthoot celebrates 125th birthday". Afaqs. 28 May 2008. Retrieved 16 February 2012.
  4. ^ "Business Line : Today's Paper / MONEY & BANKING : Muthoot targets 2,0…". Archived from the original on 13 September 2012.