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Poonawalla Fincorp Limited is a Cyrus Poonawalla group Non-Banking Finance Company (NBFC) that focuses on consumer and MSME financing. We offer a diversified product suite to address the growing financing needs of our customers and enterprises.
Magma Fincorp is now a subsidiary of Rising Sun Holdings Private Limited, owned by Mr. Adar Poonawalla. The company has infused capital into its HFC and DIFC subsidiaries, and aims to grow faster with a new leadership team and a digital focus.
Jul 22, 2021 · Magma Fincorp, a non-banking finance company, has changed its name to Poonawalla Fincorp after the acquisition of 60% stake by Rising Sun Holdings, led by Serum Institute chief Adar Poonawalla....
Poonawalla Fincorp Limited (formerly known as Magma Fincorp) is an Indian non-banking financial company (NBFC) engaged in consumer and MSME financing. It is headquartered in Pune and is part of the Cyrus Poonawalla Group.
Poonawalla Fincorp Limited (Formerly, Magma Fincorp Limited) is a Cyrus Poonawalla group promoted non-deposit taking systemically important non-banking finance company (ND-SI-NBFC),...
Shares of Magma Fincorp Ltd jumped 10 per cent in early trade, the highest in 19 months, on Thursday a day after the Poonawalla Group said it will buy a stake in the non-banking finance firm.
Jul 23, 2021 · Magma Fincorp Limited, an RBI-registered Non-Banking Finance Company (NBFC), has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition...
Jul 23, 2021 · Magma Fincorp Limited, a RBI-registered non-banking finance company ( NBFC) has been rechristened as Poonawalla Fincorp Limited and has initiated rebranding activity, following the acquisition of controlling stake by Adar Poonawalla led Rising Sun Holdings Private Limited on 21 st May 2021.
Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited) is a non-deposit taking NBFC registered with RBI. It is engaged in providing consumer and MSME financing, as well as General Insurance services.
