Bajaj Finance is a subsidiary of Bajaj Finserv, an Indian Non-Banking Financial Company headquartered in Pune, India. Originally incorporated as Bajaj Auto Finance on March 25, 1987, they focused on providing two and three wheeler finance. The company deals in Consumer Finance, SME and Commercial Lending and Wealth Management. The parent company Bajaj Finserv holds 57.28% of the total shares and has a controlling stake in the subsidiary. Other major investors in them include Maharashtra Scooters, Government of Singapore, Smallcap World Fund INC and AXIS Long Term Equity Fund. It has got 294 consumer branches and 497 rural locations with over 33,000+ distribution points.