Established in 1925 as a small repair shop servicing harmoniums, Paloma's founder Haribhau Vishwanath Diwane, soon ventured into making instruments. His passion for developing and making good quality harmoniums brought him instant success and Haribhau Vishwanath became famous.
Currently the business is run by the second and third generation of the family, who are equally passionate about the instruments they develop and make. Paloma is known not only for its harmoniums but also for its Santoors, Swarmandals, Shahibajas, Bulbul Tarangs and percussion instruments.