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
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 ......
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......
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 ......
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 private equity firm Maj Invest and development finance institution ......
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 ......
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 ......
Finance
EQT eyes quick payday as Credila knocks on the IPO window
Swedish private equity firm EQT has hit the sell button on its bet on India’s largest education financier, Credila ......
Finance
Kotak Alts names Eshwar Karra deputy MD as Lakshmi Iyer leaves
Kotak Alternate Asset Managers, the alternative investment arm of the Kotak Mahindra Group, said Thursday it has ......
Finance
PE-backed Ugro elevates senior exec as CEO
Ugro Capital, fresh off its acquisition of private equity-backed Profectus Capital, has appointed Anuj Pandey as its new......
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