Ajay Ramanathan - Author at VCCircle
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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.

PE-backed Ummeed Housing snags $28 mn from offshore investor

Finance

05 August, 2025

PE-backed Ummeed Housing snags $28 mn from offshore investor

Gurugram-based Ummeed Housing Finance, which counts A91 Partners and Norwest Venture Partners as its investors, has ......

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Will Avenue Capital, GIC make any money from financial services bet?

Finance

04 August, 2025

Will Avenue Capital, GIC make any money from financial services bet?

US-based stressed assets and private credit investment firm Avenue Capital is looking to reduce its stake in an Indian ......

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Bain-owned Tyger Capital's Gaurav Gupta on growth drivers and a possible IPO

Finance

25 July, 2025

Bain-owned Tyger Capital's Gaurav Gupta on growth drivers and a possible IPO

In July 2023, US-based private investment firm Bain Capital agreed to acquire a 90% stake in the erstwhile Adani Capital......

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LC Nueva-backed BimaPay plans fresh fundraise, aims to nearly triple AUM

Finance

22 July, 2025

LC Nueva-backed BimaPay plans fresh fundraise, aims to nearly triple AUM

  BimaPay Finsure Pvt Ltd, a fintech company that secured funding from venture capital fund LC Nueva last year, is ......

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PE-backed SK Finance taps offshore investor for capital ahead of planned IPO

Finance

22 July, 2025

PE-backed SK Finance taps offshore investor for capital ahead of planned IPO

SK Finance Ltd, a non-bank lender which counts private equity firms TPG and Motilal Oswal Alternates as its shareholders......

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Bottomline: Incofin-backed Arthan Finance targets profitability amid expansion push

Finance

22 July, 2025

Bottomline: Incofin-backed Arthan Finance targets profitability amid expansion push

Mumbai-based Arthan Finance is likely to have remained in the red for the seventh consecutive year in FY25, with net ......

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A91-backed Akshayakalpa Farms in funding talks; early investor looks to exit

Consumer

21 July, 2025

A91-backed Akshayakalpa Farms in funding talks; early investor looks to exit

Akshayakalpa Farms and Foods Pvt Ltd, an organic dairy and farming venture backed by growth-stage venture capital firm ......

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TVS Capital, Ranjan Pai-backed Finnable looks to bring new investor on board

Finance

17 July, 2025

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 ......

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Incofin-backed Mufin Green Finance taps offshore investor

Finance

15 July, 2025

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 ......

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Gold-loan NBFC Indel Money scouts for first external institutional investor

Finance

15 July, 2025

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 investor on its captable, ......