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Magma Fincorp

company

About

Magma Fincorp Limited offers secured lending, primarily in the rural and semi-urban areas.

  • 10001 - max

Highlights

Total Funding Amount
₹5B $100M
Funding Rounds
2
Investors
2

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
₹5B
Industries
Finance,Financial Services,Lending
Founded date
Jan 1, 1988
Number Of Employee
10001 - max
Operating Status
Active

Magma Fincorp Limited (formerly Magma Leasing Limited) was incorporated in 1988 and commenced operations in 1989. To strengthen its business, the company merged with Arm Group Enterprises in 1992. Magma has emerged one of India's largest financial services companies during the past five years.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
₹5B $100M
Magma Fincorp has raised a total of ₹5B $100M in funding over 2 rounds. Their latest funding was raised on Mar 30, 2015 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 30, 2015 Post-IPO Equity ₹5B 2 — — Detail
May 23, 2011 Post-IPO Equity $100M 1 Kohlberg Kravis Roberts — Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Magma Fincorp is funded by 2 investors. LeapFrog Investments and Kohlberg Kravis Roberts are the most recent investors.
Investor Name Lead Investor Funding Round
LeapFrog Investments — Post-IPO Equity
Kohlberg Kravis Roberts — Post-IPO Equity
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