ICICI Venture, Morgan Stanley, Poonawalla invest Rs 525 cr in Magma HDI insurance

ICICI Venture and Morgan Stanley Private Equity Asia along with the Cyza Chem (a Poonawalla Group company) and two family offices are investing Rs 525 crore in Magma HDI General Insurance, a joint venture between Magma Fincorp and HDI Global SE, Germany.

from The Financial Express https://ift.tt/3bTsRSP
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