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Pioneer was established in early 1980s by professionals, to provide composite financial services. A major strength for Pioneer is the range of its strong corporate and banking relationships across the Indian business spectrum. Pioneer is a licensed equity and debt intermediary, whose activities include Investment Banking, Research for Debt and Equity Markets, Broking for Debt, Equity and Derivative Markets, Portfolio Management Services(PMS), Insurance and Risk Management Services and Commodities Trading. 1984 - The Company was incorporated on 23rd January, as Pioneer Growth Fund of India Ltd. The Company was mainly engaged in Lease, Hire Purchase, portfolio investment, etc. The Company was also engaged in Bill Discounting and other financial activities. The company was promoted by Ajit Sanghvi and Associates. The name of the Company was changed to Pioneer Leasing (India) Ltd. on 4th December. The name was subsequently changed to Pioneer Investcorp Ltd. on July 13, 1994. The Company proposed to expand its reach by establishing an elaborate distribution network to market various financial products like shares, debentures, bonds, fixed deposits and consumer loans. Their Services: Finance & Service Charges.
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