Kochi, 21 November 2025: Manappuram Finance’s growth strategies, people-centred philosophy, and human resource (HR) practices have been profiled in a Harvard Business Publishing case study titled ‘Manappuram Finance Limited: Build or Buy Talent’. Authored by Sandeep K. Krishnan, Dr. Ranjeet Nambudiri, and Mr Aseem Tyagi, the study was first published by Ivey Publishing on 13 August 2025 and has now been inducted into the prestigious Harvard Business Publishing repository.
The case study examines how Chairman and Managing Director, Mr VP Nandakumar, has shaped Manappuram Finance’s evolution through his abiding conviction that “ordinary people, when given the right opportunity, can deliver extraordinary results”. This ethos lies at the heart of the company’s approach to talent development, leadership building, and its inclusive, scalable growth model.
Harvard Business Publishing is one of the world’s most respected academic knowledge platforms, with its case studies taught across thousands of business schools, universities, and executive education programmes in more than 90 countries. Inclusion in this repository offers Manappuram Finance significant academic visibility, global recognition of its business model, and enhanced institutional credibility.
The Ivey Publishing edition, accessed by over 3,500 institutions in more than 100 countries, ensures that the case study reaches an extensive global audience of scholars, researchers, and management students. The same case was also discussed recently at the Indian Institute of Management Ahmedabad (IIM-A), one of India’s most distinguished management institutions, further underscoring its relevance and academic merit.
“This recognition discussed at IIM Ahmedabad and now set to be studied by leading business schools across the world stands as a testament to Manappuram Finance’s foresight in integrating business values, growth strategies, and people empowerment,” said Mr VP Nandakumar, CMD.
Commenting on the development, Dr. Renjith PR, Group CHRO, noted that the case study reflects Manappuram’s long-standing commitment to nurturing internal talent through structured learning, development frameworks, and well-defined leadership pathways. “This global recognition further strengthens our resolve to continue investing in our people and shaping future-ready leaders,” he said.
Mr Abhijit Sen, Independent and Non-Executive Director, said, “The case study encapsulates Manappuram’s transformation from a small-town enterprise into a systemically significant pan India NBFC driven by homegrown talent. It is a compelling demonstration of how strong internal capabilities and visionary leadership can build a modern, competitive organisation.”
