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MAGMA VENTURE PARTNERS
B2B manufacturing startup Magma raises $3.3 million in funding led by General CatalystUnicorn startup founders, including Varun Alagh of Mamaearth, Aayush Phumbhra of Chegg, and Srinivas Anumolu, as well as existing investors...08 Feb, 2023, 05.12 PM IST- Former SBI chairperson Arundhati Bhattacharya joins ChrysCapital as advisorA ChrysCapital spokesperson has confirmed the development while Bhattacharya did not respond to calls.10 Oct, 2018, 08.17 AM IST
- NBFCs on a hiring spree, look to acquire talent at CXO levelSenior-level talent from multinationals, ecommerce and other financial services companies have been gravitating to the NBFC space amid a to...15 Jan, 2018, 11.09 PM IST
- HDI to exit JV with Magma after a five-year marriageMagma HDI General Insurance offers a wide range of products from health to travel to motor insurance.17 Nov, 2017, 10.18 PM IST
- Top stocks in focus on Thursday, 3 August 2017Here is a list of top stocks that are likely to be in focus in today's session.03 Aug, 2017, 08.17 AM IST
- AppsFlyer raises $56 mln from Qumra Capital, 3 othersAppsFlyer measures $6 billion in mobile marketing spend annually, processes over 300 billion mobile events every month, has more than 2,000...18 Jan, 2017, 02.43 PM IST
- Engineering giant Kirloskar mulls entering general insurance businessKirloskar Group, which has been in the engineering and machinery business for more than a century, is venturing into the country’s general ...27 May, 2015, 02.59 AM IST
- AppsFlyer raises $20 million to invest in R&D, global expansionWith this funding, the company has raised USD 28 million to date. AppsFlyer's existing investors, Magma Venture Partners and Pitango Ventur...21 Jan, 2015, 04.58 PM IST
- Magma may dilute stake in insurance JV from 74% to 51%Krishnan had earlier proposed increasing its gross written premium to Rs 600 crore in FY'15 from Rs 425 crore in last fiscal.10 Jul, 2014, 06.52 PM IST
- India Infoline to seek banking licenceThe board of IIFL has approved the proposal for making an application to the Reserve Bank for a banking licence, IIFL said.27 Jun, 2013, 08.38 PM IST
- Germany's HDI-Gerling pays four times premium for a 26% stake in Magma General InsuranceThe two-way joint venture between HDI and Magma Fincorp will start operation with Rs 208 crore capital while Rs 100 crore is the paid up.12 Oct, 2012, 01.26 AM IST
- Magma Fincorp hopeful of getting insurance licence next yearThe NBFC and its promoters Celica Developers have entered into a joint venture with Germany's HDI Gerling to form Magma HDI General Insuran...28 Dec, 2011, 10.21 PM IST
- India's biggest farm equipment maker Mahindra & Mahindra plans to venture into general insurance businessMahindra & Mahindra Group is planning to tie-up with an experienced company to venture into the Rs. 40,000-crore general insurance business.13 Jul, 2011, 05.29 AM IST
- Magma Fincorp to get into insurance, expects IRDA nod in FY'11Vehicle financing firm Magma Fincorp expects regulatory clearance for its general insurance venture with a Germany-based company during thi...30 May, 2010, 11.50 AM IST
- ‘More competition, better products'Dr C Hinsch, chief executive officer, HDI Gerling shared his views on India’s insurance market and the group’s plans with ET Bureau.31 Aug, 2009, 01.29 AM IST
- HDI-Gerling of Germany in 3-way JV for non-lifeGermany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...13 Aug, 2009, 02.05 AM IST
- Magma, HDI-Gerling form insurance JVMagma Fincorp is foraying into insurance business. The company has just inked an agreement with German insurance major HDI-Gerling Internat...29 Jul, 2009, 02.24 AM IST
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