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

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Mauritius-based Leapfrog Investments has exited non-bank lender Poonawalla Fincorp (formerly known as Magma Fincorp), controlled by Serum Institute CEO Adar Poonawalla, clocking 11% annualised return on its seven-year investment, according to VCCircle analysis.  The Africa and Asia-focused impact investor, which sold its remaining 1.32 crore shares on NSE on Monday for ......