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Leapfrog exits Poonawalla Fincorp after seven years, clocks 11% return

Finance

18 August, 2021

Leapfrog exits Poonawalla Fincorp after seven years, clocks 11% return

Mauritius-based Leapfrog Investments has exited non-bank lender Poonawalla Fincorp (formerly known as Magma Fincorp), controlled by Serum Institute CEO Adar ......

Poonawalla group-backed Magma Fincorp gets new CFO

Finance

02 July, 2021

Poonawalla group-backed Magma Fincorp gets new CFO

Adar Poonawalla group firm-controlled Magma Fincorp Ltd has appointed former Aditya Birla Finance executive Sanjay Miranka as its group chief ......

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Finance

31 May, 2021

Magma Fincorp appoints Adar Poonawalla as chairman, to undergo rebranding

Non-bank lender Magma Fincorp Ltd on Monday named Serum Institute of India chief executive Adar Poonawalla as its chairman and ......

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Serum Institute-backed pharmacy chain picks banks to float by year-end

Healthcare

30 April, 2021

Serum Institute-backed pharmacy chain picks banks to float by year-end

Mumbai-based pharmacy chain Wellness Forever Medicare Pvt Ltd has roped in three banks to help float itself on bourses by ......

Serum Institute chief exec, others pump more money in Svasti Microfinance

Finance

11 March, 2021

Serum Institute chief exec, others pump more money in Svasti Microfinance

Svasti Microfinance, which focuses on women, has raised Rs 31 crore (around $4.3 million) from existing investors, it said on ......

Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp

Finance

10 February, 2021

Adar Poonawalla owned firm to buy controlling stake in non-bank lender Magma Fincorp

Serum Institute CEO Adar Poonawalla owned Rising Sun Holdings is acquiring a controlling stake in non-bank lender Magma Fincorp Ltd ......

Fire at Serum Institute kills 5, AstraZeneca vaccine output unaffected

General

21 January, 2021

Fire at Serum Institute kills 5, AstraZeneca vaccine output unaffected

A big fire on Thursday at the Serum Institute of India killed five people, a government official told reporters, but ......

Wellness Forever snags fresh funding from Allana Group, Adar Poonawalla

Healthcare

09 November, 2020

Wellness Forever snags fresh funding from Allana Group, Adar Poonawalla

Mumbai-based pharmacy chain Wellness Forever Medicare Pvt. Ltd said Monday it has raised Rs 130 crore ($17.5 million) ahead of ......

Adar Poonawalla-backed JetSynthesys snaps up gaming studio Nautilus Mobile

TMT

05 October, 2020

Adar Poonawalla-backed JetSynthesys snaps up gaming studio Nautilus Mobile

JetSynthesys Pvt. Ltd, a digital content and technology platform that is part of the diversified JetLine Group of Companies, has ......

Poonawalla, Infy co-founder pile into digital content startup JetSynthesys

TMT

09 July, 2020

Poonawalla, Infy co-founder pile into digital content startup JetSynthesys

JetSynthesys Pvt. Ltd, a digital content and technology platform that is part of the diversified JetLine Group of Companies, has ......