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What's happening with Patanjali Magma Insurance Buyout right now

4 sources · Updated 13h ago · View timeline →

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After Ghee, Soap And Honey, Patanjali Will Now Sell Insurance Too

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  1. Patanjali Ayurved will acquire 73.56% stake in Magma General Insurance.

  2. DS Group will own 24.5% stake in Magma General Insurance through the deal.

  3. The partnership marks Patanjali's expansion into the insurance sector.

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Mixed factuality

Who owns this?

Gautam Adani

Adani Group

Gautam Adani

Acquired by Adani Group in 2022 from the founders.

Wikipedia: Gautam Adani