Poonawalla Fincorp

Board of Directors, Independent and Non Executive Director

Trusted legacy | Expert Team | Customised Solutions

Poonawalla Fincorp Limited, known earlier as Magma Fincorp Limited is a Poonawalla group non-banking finance company that focuses on consumer and MSME financing. We offer a diversified product suite to address the growing financing needs of the retail financing and the enterprises.

We stand for Passion, People, Purpose, Principles and Possibilities. We do what we do with earnest integrity and passion, ensuring best-in-class service to our customers. Our people work with a single objective of bringing that smile to your face. Driven by principles, we believe in having complete transparency in our dealings as we understand and cherish the trust customers bestow upon us. Through deep investment in technology and innovation at the core, we strive to create endless possibilities each time and partner in the growth journey of our customers. We believe that good is the enemy of great. Hence, we strive for business excellence and setting up new benchmarks.

We enable the dreams of our customers.

Mr. Adar Poonawalla

Mr. Adar Poonawalla is chairman of Poonawalla Fincorp and also the CEO of Serum Institute of India. An innovator to the core, Mr. Adar Poonawalla has been dedicated to developing affordable children’s vaccines and providing the same across the globe.

He spearheaded the Clean City initiative (APCC) in Pune, and since, has been actively involved in bringing dignity to the task of waste collection. In 2013, Forbes India included Mr- Adar Poonawalla in the of ‘Four Scions to Watch Out For’ list. In 2018, he was recognised for his relentless and passionate efforts make our society a better (and cleaner) place, and accorded the Corporate Social Responsibility award by CNBC Asia ...

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CA Abhay Bhutada

CA Abhay Bhutada is a seasoned finance professional with over 15 years of diversified experience in the commercial and retail lending domain. He is passionate about using technology in financial services and has been instrumental in setting up the lending business for the Poonawalla group.

His visionary thinking and flawless execution earned him the Young Entrepreneur of India 2017 bestowed upon by the Chairman of State Bank of India and Promising Entrepreneur of India 2019 by The Economic Times. Asia One has recently felicitated him as “40 under 40 Most influential leader for 2020-21”....

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