Magma General Insurance Limited has announced a strategic partnership with Toyota Tsusho Insurance Broker India to strengthen its presence in India’s passenger vehicle insurance market
Patanjali Ayurved and DS Group are set to acquire Magma General Insurance from Adar Poonawalla’s Sanoti Properties, marking the entry of Patanjali Ayurved into the general insurance sector.
Patanjali Ayurved, the consumer goods company founded by Baba Ramdev, has acquired a majority stake in Magma General Insurance, diversifying its portfolio into the insurance market.
