SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Magma Fincorp receives investment of Rs 440 crore

26 May 2011 Evaluate

Magma Fincorp has received an investment of Rs 440 crore, led by funds managed by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) along with International Finance Corporation (IFC). The capital infusion will be used to support Magma’s growth plans in existing businesses in addition to newer areas.

The IFC is a member of the World Bank Group and is headquartered in Washington. It has made several investments in India across infrastructure, clean energy, agribusiness, manufacturing, health and education sectors including the financial services space. The proposed investment by IFC will provide Magma with strategic capital and will enable the company to expand its footprint in semi-urban and rural areas as well as in Indian states of Bihar, West Bengal, Orissa, Chhattisgarh, UP, Rajasthan etc, thereby contributing to financial inclusion in India.

Ernst & Young (Advisory) and Wadia Ghandy advised Magma on the transaction. Ernst & Young (Transaction Advisory), McKinsey & Co., Simpson Thacher & Bartlett, AZB Partners and Kotak Mahindra Capital advised KKR on the transaction.

Magma Fincorp is a non-deposit taking non-banking finance company (NBFC), registered with the Reserve Bank of India (RBI) as an Asset Finance Company. The company, having started operations over two decades back, is listed on the Bombay Stock Exchange and the National Stock Exchange in India.

Poonawalla Fincorp Share Price

414.00 6.75 (1.66%)
17-Apr-2026 16:59 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×