Thengumplackal groups started its very first venture as Thengumplackal chitty funds and investments on December 12, 1999 at Adam Tower, Star Junction Kottayam. The founder of this prestigious group was Mr. T.J.Mathew.He has a long service period of 32 years as the secretary of Kumarakom Vadakumbhagom Service Co-operative Bank. After his retirement it was with this confidence he entered into this financial arena. His son, Mr. John.T.Mathew is the managing partner of this group.