# Bajaj Holdings & Investment

Bajaj Holdings & Investment is an Asset Manager based in Mumbai, India.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mumbai, India
- **Region:** Asia
- **Address:** Mumbai, India
- **Founded:** 1945
- **Assets under management:** Undisclosed
- **Website:** bhil.in
- **LinkedIn:** linkedin.com/company/bajaj-holdings-and-investment-ltd

## Regulatory record

- **Reports private funds:** No

## About

Bajaj Holdings & Investment was incorporated in 1945 as a primary investment company within the Bajaj family’s industrial group. Sanjiv Bajaj serves as Managing Director and CEO, while cousins Rajiv Bajaj and Niraj Bajaj — who run Bajaj Auto — hold Vice Chairman roles. The underlying wealth originates from the family’s controlling interests in Bajaj Auto, now the world’s third-largest motorcycle manufacturer and largest three-wheeler maker, and Bajaj Finserv, a broad financial-services platform spanning lending, insurance, and wealth advisory in India. The firm’s balance sheet is anchored by two massive, publicly listed strategic holdings: Bajaj Auto and Bajaj Finserv. Bajaj Auto operates across more than 70 countries; Bajaj Finserv delivers credit, general and life insurance, and wealth-management products to Indian consumers and businesses. Alongside the listed anchors, BHIL deploys capital into a direct portfolio that spans Indian fixed income, commercial real estate — including the Bajaj Auto Akurdi Complex in Pune and office space in Panchshil Tech Park — and opportunistic equity wagers on new business lines, often co-investing alongside the operating companies. The firm maintains a collection of business-aviation assets, including a Bombardier Global 5000 and a Dassault Falcon 2000. Governance bridges the family’s industrial and financial arms. Sanjiv Bajaj chaired the Confederation of Indian Industry for the 2022–23 term and sat on the B20 India steering committee. Director Manish Kejriwal, the Managing Partner of Kedaara Capital, brings private-equity discipline to the boardroom. Philanthropic activity flows through the Jamnalal Bajaj Foundation and the Kamalnayan Jamnalal Bajaj Foundation, structurally separate from the investment company. The group also curates the Kamalnayan Bajaj Hall and Art Gallery Collection in Mumbai and the Bajaj Heritage Archives in Pune. BHIL’s structural differentiator is its role as the listed, liquid apex of a family-controlled ecosystem. Rather than operate as a private single-family office, it gives public-market investors indirect exposure to the Bajaj group’s two most valuable operating franchises while retaining the family’s strategic control — a governance architecture that marries permanent family capital with daily mark-to-market accountability.

## Sectors

- Financial Services
- Automotive
- Real Estate
- Private Credit

## People

- Sanjiv Bajaj — Managing Director & CEO
- Rajiv Bajaj — Vice Chairman
- Niraj Bajaj — Vice Chairman
- Manish Kejriwal — Director

## Questions

### Who runs investment decisions at Bajaj Holdings?

Sanjiv Bajaj, as Managing Director and CEO, sets the overall capital-allocation strategy. The board, which includes Vice Chairmen Rajiv Bajaj and Niraj Bajaj from Bajaj Auto and Director Manish Kejriwal of Kedaara Capital, provides governance and deal-level oversight. Day-to-day investment execution is managed by an internal team, though the firm does not publicly disclose its investment committee structure.

### What are the principal assets on Bajaj Holdings' balance sheet?

The balance sheet is dominated by strategic, long-term equity stakes in Bajaj Auto and Bajaj Finserv. Beyond those, the firm holds a direct portfolio that includes a fixed-income book, commercial real estate such as the Akurdi Complex and Panchshil Tech Park offices in Pune, and minority positions in new business ventures.

### How is Bajaj Holdings related to Bajaj Auto and Bajaj Finserv?

Bajaj Holdings is the upstream investment company that acts as the primary shareholder for both Bajaj Auto and Bajaj Finserv. The operating companies are independently listed and managed, but BHIL’s controlling stakes make its financial results heavily dependent on dividends and share-price appreciation from those two subsidiaries.

### Does Bajaj Holdings make direct investments outside of its two main listed holdings?

Yes. While the two strategic stakes dominate the portfolio, BHIL has separately built a direct investment book. This includes Indian fixed-income securities, commercial real estate assets in Pune, and venture-style bets on new business opportunities, often coordinated with the broader Bajaj group’s operating capabilities.

## Related profiles

- [Bajaj Finserv](https://altss.com/profile/bajaj-finserv)
- [Baja Wealth Advisors](https://altss.com/profile/baja-wealth-advisors)

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Updated: 2026-07-06T00:31:14.680Z

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