Poonawalla Fincorp, CARS24 enter into strategic partnership for seamless consumer financing
22nd Nov 2021

Poonawalla Fincorp and CARS24 have entered into Strategic Partnership for Seamless Consumer Financing. In this partnership, Poonawalla Fincorp will fulfill consumer loans originating through CARS24. Additionally, both parties will partake in the risk and rewards.

Poonawalla Fincorp (Formerly known as Magma Fincorp Limited) is a non-deposit taking systemically important non-banking finance Company (ND-SI-NBFC), registered with the Reserve Bank of India (RBI).