Intercorp

What Intercorp does

Intercorp is a privately held Peruvian conglomerate founded in 1993 and headquartered in Lima, operating across four integrated platforms — Financial Services, Retail, Health, and Education — through more than 30 wholly-owned subsidiaries. Its financial platform spans Interbank (retail and commercial banking), Interseguro (insurance), Interfondos and Inteligo (asset management and brokerage), Izipay (digital payments), and Express Net. The retail platform includes Supermercados Peruanos, Plaza Vea, Oechsle, Real Plaza (20 shopping centers across 12 regions), Makro, Mass, Vivanda, Promart, Erbi, and logistics arm Oslo Logistic. The health platform comprises Inkafarma (2,526 pharmacies nationwide), Mifarma, Farmacias Peruanas, Clínica Aviva, and Química Suiza. The education platform serves 286,000+ students through Innova Schools (176 locations), UTP (36 campuses), Idat, Zegel IPAE, and additional institutions, and is reinforced by the Educando Perú CSR platform.

The group generates revenue through transaction-based retail and pharmacy sales, subscription/recurring economics in financial services (deposits, insurance premiums, asset management fees) and education (tuition), and fee-based payments processing via Izipay. Distribution is overwhelmingly physical: bank branches, retail stores, pharmacies, shopping centers, and educational campuses across Peru, supplemented by digital channels (Interbank mobile/online banking, InDigital retail technology, Izipay payment processing). Intercorp reported S/44,151 million in 2023 sales (≈4.4% of Peru's nominal GDP) with international operations across nine Latin American and Caribbean countries contributing 8.3% of sales, and employs more than 99,900 people across the group, with 517,000 total jobs (direct plus indirect) attributed to its economic activity.

Name

Intercorp

Legal name

Intercorp

Website

https://intercorp.com.pe

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

5,001–10,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Lima

HQ country

Peru

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Financial Services: Banking, insurance, pension fund management, investment services through Interbank, Interseguro, Interfondos, Inteligo, and Express Net
2. Retail Operations: Supermarkets (Supermercados Peruanos, Makro, Vivanda, Erbi), department stores (Oechsle, Plaza Vea, Real Plaza), home improvement (Promart), wholesale (Mass)
3. Healthcare Services: Pharmacy chains (Inkafarma, Mifarma, Farmacias Peruanas), clinics (Clínica Aviva), pharmaceutical distribution (Química Suiza)
4. Education Services: Private schools (Innova Schools), universities (UTP), technical institutes (IDAT, Zegel), covering K-12 to higher education
5. Real Estate Development: Shopping centers (Real Plaza), urban development projects through Urbi

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels4 records

Core offering

Intercorp is Peru's largest diversified conglomerate operating over 30 companies across four platforms: Financial Services (Interbank, Interseguro, Interfondos, Inteligo, Izipay), Retail (Plaza Vea, Oechsle, Real Plaza, Supermercados Peruanos, Promart), Health (Inkafarma, Mifarma, Clínica Aviva), and Education (Innova Schools, UTP, Zegel, Idat). It serves millions of Peruvian families with banking, insurance, retail, healthcare, and education.

Product overview

Intercorp is a major Peruvian conglomerate organized into four integrated business platforms: Financial Services (Interbank, Interseguro, Interfondos, Inteligo, Izipay, Express Net, and financial management services), Retail (Plaza Vea, Oechsle, Real Plaza, Supermercados Peruanos, Vivanda, Makro, Mass, Promart, Erbi, and specialty retail formats), Health (Inkafarma, Mifarma, Farmacias Peruanas, Clínica Aviva, Química Suiza), and Education (Innova Schools, UTP, Zegel IPAE, Idat, Perú Champs, ITS). The conglomerate operates over 30 companies with more than 99,900 employees, serving millions of Peruvians through its purpose of 'making Peru the best place to raise a family.'

Differentiator

Problem solved

Functional benefit

Brands

• Interbank: Banking and financial services platform
• Plaza Vea
• Inkafarma
• Innova Schools
• Real Plaza
• Oechsle
• Interseguro
• UTP
• Zegel
• Idat
• Promart
• Farmacias Peruanas
• Supermercados Peruanos
• Makro
• Vivanda
• Financiera Oh
• Química Suiza
• Clínica Aviva
• Inteligo
• Interfondos
• Urbi
• Izipay

Products and services

• Interbank Major Peruvian banking institution offering retail and commercial banking services, credit cards, loans, and digital banking solutions.
• Interseguro Peruvian insurance company providing life, health, and general insurance products.
• Interfondos Peruvian asset management company managing mutual funds and investment portfolios for individuals and institutions.
• Inteligo Peruvian brokerage and wealth management firm providing investment advisory and securities trading services.
• Izipay Peruvian digital payments platform providing payment processing and merchant services.
• Financiera Oh Peruvian financial services company offering consumer credit and financing solutions.
• Plaza Vea Large-format Peruvian retail chain offering supermarkets and hypermarkets with a wide range of consumer goods.
• Supermercados Peruanos Peruvian supermarket operator managing multiple supermarket chains including Vivanda and others.
• Oechsle Peruvian department store chain offering clothing, footwear, home goods, and electronics with sustainability initiatives including textile circularity.
• Real Plaza Peruvian shopping mall operator with 20 shopping centers across 12 regions, offering family entertainment, retail spaces, and cinemas.
• Promart Peruvian home improvement and building materials retailer offering hardware, construction supplies, and home furnishings.
• Makro Wholesale cash-and-carry retailer serving business customers in the Peruvian market.
• Mass Peruvian retail chain offering household and personal care products.
• Vivanda Peruvian supermarket chain operating under Supermercados Peruanos with multiple locations.
• Inkafarma Leading Peruvian pharmacy chain providing pharmaceutical products, health consultations, and medication services nationwide.
• Mifarma Peruvian pharmacy chain offering pharmaceutical products and health-related services.
• Química Suiza Peruvian health and pharmaceutical distribution company providing medical supplies and healthcare products.
• Clínica Aviva Peruvian healthcare clinic network providing medical consultations, surgeries, and emergency services.
• Innova Schools Peruvian private school network offering affordable quality education at K-12 level across multiple regions.
• UTP (Universidad Tecnológica del Perú) Private university offering undergraduate and graduate programs in technology and business disciplines.
• Zegel (Zegel IPAE) Peru's first business school offering higher education programs with pathways to bachelor's degrees.
• Idat Peruvian technical institute offering career-focused educational programs and vocational training.
• Urbi Intercorp's real estate development arm managing urban development projects, property investments, and works-for-taxes infrastructure projects.
• Educando Perú Intercorp's corporate social responsibility platform focused on promoting quality and affordable education for children and youth in Peru, featuring scholarships, educational forums, and teacher recognition.
• PACTO Pop Up Store by Oechsle Retail pop-up store at MegaPlaza featuring over 300 remanufactured garments produced through Oechsle's textile circularity program (PACTO) in partnership with Metamorfosis and INPE.

Quantifiable outcome

• 4.4% of Peru's nominal GDP
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Ten partnerships are on record, tiered exploratory, core and minor.

• Plaza Vea (Intercorp subsidiary)exploratoryStrategic or Co-development Partner · 15 June 2026Intercorp and Plaza Vea have exploratory interest in developing a commercial and financial center project in Ancón district of Lima, Peru. The project aims to leverage the industrial park (Parque Industrial de Ancón) and Chancay Port to drive retail and real estate growth in the northern Lima area.
• Municipalidad Provincial del CuscocoreStrategic or Co-development Partner · 24 November 2022Public-private partnership for S/30 million infrastructure project including water, sewage, and electrical networks on Avenida Collasuyo. Executed under works-for-taxes mechanism managed by Urbi Proyectos and financed by Interbank, Real Plaza, and Supermercados Peruanos.
• MetamorfosiscoreStrategic or Co-development PartnerPartnership with sustainable fashion enterprise for textile circularity program (PACTO). Recovers textile waste from Oechsle stores for remanufacturing in penitentiary establishments, contributing to social inclusion and environmental sustainability.
• InspiracoreStrategic or Co-development PartnerPartner in Oechsle's PACTO textile circularity program, working with Oechsle, Metamorfosis, and INPE to promote circular economy and social inclusion.
• INPE (National Penitentiary Institute)coreStrategic or Co-development PartnerPartnership enabling textile remanufacturing by people deprived of liberty in five penitentiary establishments, contributing to their resocialization through dignified work.
• América TVminorStrategic or Co-development PartnerMedia partner in Educando Peru platform educational forums and festivals.
• Grupo RPPminorStrategic or Co-development PartnerMedia partner in Educando Peru platform educational forums and festivals.
• Ministry of DefenseminorStrategic or Co-development PartnerPublic partner in Educando Peru educational initiatives and strategic partnerships.
• Urbi Proyectos (Intercorp subsidiary)coreImplementation/ SI/ Consulting PartnerIntercorp real estate development company managing works-for-taxes infrastructure projects including the Cusco water and electrification project.
• MegaPlazaminorStrategic or Co-development PartnerShopping center partner hosting PACTO x Metamorfosis Pop Up Store for remanufactured garments from Oechsle's circularity program.

Scale indicators10 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Grupo Elektra: Mexican retail + financial services conglomerate operating Elektra stores and Banco Azteca. Directly comparable to Intercorp's retail + banking combination (Plaza Vea / Interbank) at similar middle-market customer positioning.
• FEMSA: Mexican multi-platform company operating OXXO convenience stores, FEMSA retail, and Coca-Cola Femsa. Comparable diversified business model with strong consumer distribution and recurring revenue streams.
• Cencosud: Chilean retail conglomerate operating Paris, Jumbo, Easy, and Santa Isabel stores with integrated financial services (Cencosud Scotiabank). Highly comparable multi-platform retail + banking structure to Intercorp.
• Ripley Corp: Chilean-Peruvian retail group with department stores and CMR Banco Ripley financial services. Direct in-market competitor to Intercorp's Plaza Vea, Oechsle, and Interbank in Peru with the same retail + banking dual model.
• Grupo Éxito: Colombian retail conglomerate (Éxito, Carulla, Surtimax) with integrated financial services (Tuya). Comparable retail + financial services platform across Latin America with similar middle-class customer focus.
• Grupo Gloria: Peruvian diversified conglomerate in food (Gloria, Milkito), cement (Yura), and shipping. Local Peruvian peer with similar conglomerate structure, family-controlled ownership, and consumer-facing brands.
• Alicorp: Peruvian conglomerate with consumer goods (Alicorp brands), industrial (cement), and real estate operations. Domestic peer in Peru with comparable conglomerate scale, family ownership, and diversification across unrelated industries.
• Grupo Falabella: Chilean retail conglomerate with department stores, home improvement (Sodimac), supermarkets (Tottus), and integrated financial services (CMR, Banco Falabella). Closely mirrors Intercorp's multi-platform retail + financial services model across Latin America.

Broad incumbents

• Banco de Crédito del Perú (BCP): Peru's largest commercial bank and direct competitor to Interbank. Comparable financial services platform within Intercorp's home market, though BCP is a pure-play financial institution rather than a diversified conglomerate.

Emerging players

• MercadoLibre: Latin American e-commerce and fintech platform with Mercado Pago. Emerging digital-native competitor targeting the same middle-class Peruvian customers as Intercorp's retail (Plaza Vea, Oechsle) and payment (Izipay) businesses.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks4 records

Key highlights6 records

Customer concentration

• LinkedInpe.linkedin.com/company/intercorp

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries38 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Intercorp