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
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 ......
Finance
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......
Finance
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 ......
Finance
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......
Finance
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 ......
Consumer
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 ......
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 ......
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 ......
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 investor on its captable, ......
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 ......
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