Ajay writes on the banking, financial services, and insurance segment. He is keen on analysing the multi-fold impact of any news development, and putting it across in the long-form.
Finance
TVS Capital, Ranjan Pai-backed Finnable looks to bring new investor on board
Non-banking financial company Finnable Credit, which raised equity earlier this year, is gearing up for another fundraising round, two people ......
Finance
Incofin-backed Mufin Green Finance taps offshore investor
Mufin Green Finance, which is backed by Belgium-based Incofin India Progress Fund and counts Lighthouse Canton as an indirect stakeholder, ......
Finance
Gold-loan NBFC Indel Money scouts for first external institutional investor
Gold loan-focussed Indel Money is on the lookout to raise equity funding and get an external institutional investor on its ......
Finance
Bottomline: Eversource-backed Ecofy grapples with high opex, rising bad loans
Ecofy Finance, a green-focused non-bank lender backed by Eversource Capital, is facing early-stage growing pains as it struggles with elevated ......
Finance
True North signing off from nine-year-old BFSI bet in style
Homegrown private equity firm True North is fully exiting a company that’s part of its banking, financial services and insurance ......
Finance
PE-backed Kanakadurga Finance's fundraising plan gathers pace, eyes bigger cheque
Kanakadurga Finance Ltd, a non-bank lender that counts mid-market private equity firm BanyanTree as an investor, is moving ahead with ......
Finance
Spotlight: Can Unity Small Finance Bank allay NPA, profitability concerns?
In 2021, the Reserve Bank of India (RBI) granted the small finance bank license to a consortium of Centrum Financial ......
Finance
Maj Invest, BII-backed Namdev Finvest returns to fundraising mode
Jaipur-based Namdev Finvest, which is backed by Danish private equity firm Maj Invest and development finance institution British International Investment ......
Finance
PE-backed NeoGrowth eyes fresh funding to accelerate growth
NeoGrowth Credit, a non-bank lender backed by several impact investors and private equity firms, is seeking a fresh infusion of ......
Finance
VC-backed Shivalik Small Finance Bank adding new investor to cap table
Shivalik Small Finance Bank, which counts four venture capital investors in its cap table including Accel and Quona Capital, is ......
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