Magma Ventures Information

Go deeper, to rise higher. At Magma Ventures, this belief guides all our actions. Deep alignment of values, partnering with founding teams. Deep investment of time, working with investee companies. Deep investment of capital, patient for the long-term. Magma Ventures was founded when the Chamria family had a liquidity event on transferring control of Magma Fincorp* (listed NBFC) to the Poonawalla group in 2021. We pride ourselves in doing in-depth research and taking long term bets. Magma Ventures is an investment business with independent teams focused on four verticals- > Listed Equities (Fundamental/Long-only): public market opportunities that will create outsized returns in the 3-5 year time horizon (small/midcaps, and opportunistically large caps) > Derivatives (Futures & Options): strategies across Options trades (spreads, volatility arbitrage), Long/short trades, and Special Situation trades (M&A, share buybacks, open offers, etc) > Unlisted (early/growth stage): focus on early-to-growth stage companies directly and through top-quartile VC-PE funds > Structured Credit (specialized debt solutions): strategic interest in few funds to provide special-situation financing (acquisition or growth finance, exit to investors, share buyback, etc) and debt-restructuring deals (debt settlement/refinancing, last-mile financing, etc) *Magma Fincorp was founded in 1988 and grew to become one of India’s large retail NBFC’s having nearly 10k employees, across 300+ branches, in 20+ states, and AUM peaking at INR19,500cr. Magma was engaged in vehicle financing, mortgage lending, and SME financing and it entered the general insurance business through a JV with HDI Gerling of Germany (Magma HDI GIC). Magma had been funded by blue-chip investors- PE funds including KKR, IFC, Chrys Capital, True North etc along with Institutional Investors such as HDFC Life / I-Pru Life / Nippon MF, Goldman Sachs, Amansa Capital etc.