Vaccine king Adar Poonawalla has acquired Magma Fincorp by investing in a fresh issue that will give him 60% control of the private lender and its affordable housing and insurance arms. The 32-year-old Magma Fincorp was founded by partners Sanjay Chamria and Mayank Poddar.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/371lupJ
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