Ajay Ramanathan

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.

Centrum-backed Modulus Alts floats third private credit fund

Finance

20 January, 2026

Centrum-backed Modulus Alts floats third private credit fund

Private credit investor Modulus Alternatives has rolled out its third performing private credit fund with a target ......

Finance

20 January, 2026

Wonder Home Finance raises $55 mn from Growtheum Capital

Wonder Home Finance, part of the RK Group, has raised $55 million (around Rs 500 crore) from Singapore-based private ......

Finance

20 January, 2026

Mufin Green Finance snags $12 mn from European development financier

Non-bank lender Mufin Green Finance Ltd, which is backed by Belgium-based impact investor Incofin, is raising up to $12 ......

Premium

Finance

20 January, 2026

Bottomline: CASHe's NBFC unit Bhanix Finance pivots to co-lending as NPAs rise

Bhanix Finance and Investment, the parent company of fintech firm CASHe, has transitioned from a balance-sheet lender to......

Finance

19 January, 2026

BII-backed Namdev Finvest raises $37 mn from FMO, others

Jaipur-based Namdev Finvest, a non-banking financial company (NBFC) which counts British International Investment (BII) ......

Premium

TMT

16 January, 2026

LKP Finance firms up game plan in new avatar as Gyftr, scouts for acquisitions

​LKP Finance Ltd, which has given up its non-banking finance company licence and is renaming itself to Gyftr Ltd as ......

Premium

Finance

14 January, 2026

Former Five-Star Business Finance CEO Krishnan takes over MSME lender as Accion exits

Rangarajan Krishnan, a former CEO of Mumbai-listed lender Five-Star Business Finance Ltd, has acquired a controlling ......

Finance

14 January, 2026

Piramal Finance raises $350 mn from IFC, ADB in first DFI deal

Piramal Finance has raised $350 million (Rs 3,156 crore) in debt capital from the International Finance Corporation (IFC......

Premium

Manufacturing

14 January, 2026

Investec's private credit fund cuts $33-mn cheque for an iron and steel maker

Investec India has invested nearly $33 million (around Rs 300 crore) through a private-credit deal in an iron and steel ......

Premium

TMT

13 January, 2026

WestBridge-backed Propelld set to turn profitable in FY26; plans capital raise

Bluebear Technologies, which runs education-focused fintech startup Propelld, is on track to end FY26 in the black, ......