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
South Korean firm joins race to buy Warburg's stake in IndiaFirst Life Insurance
The race to acquire private equity firm Warburg Pincus’ stake in IndiaFirst Life Insurance has picked up pace with a ......
Finance
Motilal Oswal Alts eyes private credit foray, plans $336 mn fund
Motilal Oswal Alternates has initiated regulatory processes to launch its private credit business. The company’s ......
People
Equirus appoints former ASK Group exec Jain to head NBFC operations
Equirus Group, a Mumbai-based financial services firm, has appointed former ASK Group senior vice president Manishkumar ......
Finance
Bottomline: Bain-led Tyger Capital bounces back in FY25, but asset quality slips
Bain Capital-led Tyger Capital reported a rebound in net profit for the financial year ended March 2025, reversing the ......
TMT
Square Yards secures offshore VC funding at $900 mn pre-money valuation
Real estate marketplace Square Yards, backed by venture capital firm Kae Capital and the Times Group, among others, has ......
Finance
Kedaara-controlled Spandana Sphoorty appoints former HDFC Bank exec as CEO
Spandana Sphoorty Financial Ltd, which is controlled by private equity firm Kedaara Capital, has appointed former HDFC ......
Finance
Bottomline: PE-backed LokSuvidha's profit dips as bad loans climb
LokSuvidha Finance, backed by India SME Investments, reported a decline in net profit for the financial year ended March......
Finance
Ace Insurance names former Mercer exec as president after Blackstone takeover
Ace Insurance Brokers, which is private equity firm Blackstone’s latest acquisition in India, has appointed former ......
Finance
Access PE plots exit from oldest active portfolio firm
Mumbai-based private equity firm Access Asset Managers Pvt Ltd, which is reviving its plans for its second fund more......
Finance
Blackstone wraps up over $225-mn India control deal
Private equity firm Blackstone has closed a deal to take control of an Indian financial services company, barely a month......
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