About Poonawalla Fincorp Ltd
Poonawalla Fincorp Limited, an Indian non-banking financial company (NBFC), delivers a comprehensive range of asset finance services across the nation. The company provides diverse lending solutions, including personal loans tailored for professionals (such as CAs, CSs, and doctors), salaried individuals, and government employees, as well as financing for life events like home renovations, weddings, travel, and medical emergencies. Furthermore, it offers business loans for working capital, MSMEs, and other short-term requirements, alongside secured loans against property, vehicles, medical equipment, and machinery. Poonawalla Fincorp's portfolio also encompasses supply chain financing, merchant cash advances, digital consumption and consumer financing, and auto leasing services, complemented by insurance product offerings. Founded in Pune, India, in 1978, the entity operated as Magma Fincorp Limited until its rebranding in July 2021. It functions as a subsidiary of Rising Sun Holdings Pvt Ltd.
