Adar Poonawalla

Patanjali, DS Group to buy Magma General for over $500 mn to enter insurance sector

Finance

13 March, 2025

Patanjali, DS Group to buy Magma General for over $500 mn to enter insurance sector

Patanjali Ayurved Ltd and DS Group have teamed up to enter India’s insurance sector with the acquisition of Magma ......

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Manufacturing

24 January, 2025

TPG set to strike new private equity deal in India

Private equity firm TPG, which is among the most active alternative investment firms in India and scored several exits ......

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General

07 January, 2025

Grapevine: Temasek, Haldiram Snacks, CDPQ, Ola, Gentari, and JetSynthesys in news

CDPQ-backed Maple Infrastructure Trust, Petronas subsidiary Gentari India and Adar Poonawalla-backed JetSynthesys are ......

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TMT

21 October, 2024

How Poonawalla booked a premium ticket to Karan Johar's firm despite sharp income skid

Adar Poonawalla-led Serene Productions has agreed to invest in Dharma Productions and Dharmatic Entertainment, owned by ......

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Healthcare

16 May, 2024

Exclusive: Poonawalla's Serum Institute forays into medtech via acquisition

Serum Institute of India (SII), the world's biggest vaccine maker, is in advanced stage of talks to pick up a ......

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Healthcare

24 July, 2023

Advent may rope in new investor for Bharat Serums with neat valuation markup

Mumbai-based biopharmaceutical company Bharat Serums, controlled by private equity major Advent International, is ......

Healthcare

26 June, 2023

Zydus Life picks up stake in Mylab for $13 mn

Homegrown drug maker Zydus Lifesciences Limited has bought a stake in biotech company Mylab Discovery Solutions from ......

Healthcare

25 April, 2023

Serum to double investment in PE-backed Biocon Biologics to $300 mn

A unit of Adar Poonawalla-led Serum Institute of India, the world's biggest vaccine maker, will double its ......

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Finance

18 April, 2023

Magma HDI set for stake sale after failed PE deal with ICICI Venture, Morgan Stanley

Magma HDI General Insurance Co, which was a joint venture between Poonawalla FinCorp and German insurer HDI Global SE ......

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Finance

16 December, 2022

Will focus on core NBFC biz, looking at AUM growth of 35-40%: Adar Poonawalla

A day after the Poonawalla Group sold its housing finance arm Poonawalla Housing to private equity giant TPG for Rs ......

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