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Magma Fincorp
http://www.magma.co.in/Last activity: 22.07.2025
Active - Reference to Poonawalla Fincorp
Magma Fincorp is a listed non-banking financial company, involved primarily in financing of new and used vehicles, housing finance and small and medium enterprises financing. The Company offers secured lending, primarily in the rural and semi-urban areas.
Location: India, West Bengal, Kolkata
Total raised: $100M
Investors 1
| Date | Name | Website |
| 13.05.2024 | ChrysCapit... | chryscapit... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 24.05.2011 | - | $100M | - |
Mentions in press and media 6
| Date | Title | Description |
| 22.07.2025 | Escape Plan, ApClub, Magma secure early-stage funding | Shalabh Malhotra, founder and CEO, ApClub Lifestyle company Escape Plan, fitness startup ApClub, and industrial solutions firm Magma have secured funding in separate early-stage rounds, the companies said on Tuesday. Escape Plan Bengaluru-b... |
| 13.12.2024 | Celesta Capital: Anand Chandrasekaran Joins As Managing Partner | Celesta Capital, a global deep tech venture capital firm, announced that technology investor and product leader Anand Chandrasekaran has joined as a Managing Partner. Chandrasekaran has over 20 years of experience identifying transformative... |
| 10.03.2021 | Brief: Temasek invests $500m into impact fund LeapFrog | Singapore sovereign fund Temasek has invested $500 million into LeapFrog Investments, an impact-focussed private equity firm. The pair said Temasek’s commitment will take the form of a “multi-fund investment […] to anchor LeapFrog’s future ... |
| 10.03.2021 | Brief: Temasek invests $500m into impact fund LeapFrog | Singapore sovereign fund Temasek has invested $500 million into LeapFrog Investments, an impact-focussed private equity firm, as part of a wider strategic partnership. In a joint statement, the pair said Temasek’s commitment will take the f... |
| 24.05.2011 | Magma Fincorp Receives Rs 4400m Investment | Bombay Stock Exchange and and National Stock Exchange-listed Magma Fincorp Ltd., an Indian provider of financial products including financing of Utility Vehicles & Cars, Commercial Vehicles, Construction Equipments, Tractors and SME Loa... |
| 23.05.2011 | Magma Fincorp Raises $100M From KKR, IFC | Private equity giant Kohlberg Kravis Roberts & Co. L.P. (KKR), along with International Finance Corporation (IFC), are investing Rs 440 crore ($100 million) in Kolkata-based non-banking finance company Magma Fincorp, to support its grow... |