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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 ......

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How IFC spun $200 mn from financial services portfolio before market downturn

Finance

02 November, 2018

How IFC spun $200 mn from financial services portfolio before market downturn

International Finance Corporation (IFC), the private-sector investment arm of the World Bank, partially sold stakes in four Indian financial services ......