Nirmal Jain

Nirmal Jain (born 1967) is an Indian billionaire businessman. He is the founder and chairman of India Infoline (IIFL) Group, a financial conglomerate. IIFL and its group companies are backed by Canadian investor Prem Watsa, private equity firm General Atlantic and CDC Group, the UK Government's private equity arm.

Early life Nirmal Jain earned a bachelor's degree in commerce (B.Com) from Narsee Monjee College of Commerce and Economics, a constituent college of the University of Mumbai, followed by MBA from the Indian Institute of Management Ahmedabad. He is also a certified chartered accountant from ICAI.

In 1995, Jain founded an equity research company that later became India Infoline (or IIFL Group). In 2000, he started one of India's first online trading websites. Jain owns 23% of IIFL, directly or indirectly. He owns a property in Amby Valley that he "never visits".

As of 2018, Harshita has completed the CA course and is an MBA candidate at Stanford Graduate School of Business, California.

Jain founded the IIFL foundation. He is one of the founders of the liberal education oriented Ashoka University along with Dilip Sanghvi, Deep Kalra, and Jerry Rao.