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Adar infuses Rs 1,500cr into Poonawalla Fin
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Adar Poonawalla's Rising Sun Holdings infused ₹1,500 crore into Poonawalla Fincorp, boosting its net worth to ₹9,700 crore. Under Arvind Kapil's leadership, the NBFC is aggressively expanding its retail presence, launching new businesses and aiming for significant AUM growth. The company is leveraging data and distribution to tap into new borrower segments, expressing confidence in the MSME lending space.
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