Bajaj Group is an Indian conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. It is one of the oldest and largest conglomerates based in Mumbai, Maharashtra. The group comprises 37 companies; its flagship company, Bajaj Auto, is ranked as the world's fourth largest two- and three-wheeler manufacturer. Its companies include: Bajaj Auto, Bajaj Finserv, Hercules Hoists, Bajaj Electricals, Mukand, Bajaj Hindusthan and Bajaj Holding & Investment. The group is involved in various industries, including automobiles (two- and three-wheelers), home appliances, lighting, iron and steel, insurance, travel and finance.