scorecardAdar Poonawalla, the son of Cyrus Poonawalla, is planning to venture into finance.
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  4. Adar Poonawalla, the son of Cyrus Poonawalla, is planning to venture into finance.

Adar Poonawalla, the son of Cyrus Poonawalla, is planning to venture into finance.

Net worth 2017: $8.1b

Adar Poonawalla, the son of Cyrus Poonawalla is diversifying the business by venturing into finance. He set up Poonawalla Finance that offers unsecured personal loans to low- and middle-income consumers and to small businesses as well, reported Forbes.

Within four months of operation, the company has already established itself in 23 cities, lending $110 million. On the other hand, Serum Institute is planning to roll out new low cost vaccines for dengue and pneumonia.

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