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.

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Former Goldman Sachs' exec-led Protium Finance taps offshore investor

Finance

23 June, 2025

Former Goldman Sachs' exec-led Protium Finance taps offshore investor

Non-bank lender Protium Finance Ltd has reached out to an offshore investor to raise funding that it intends to use ......

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Omidyar-backed Revfin hits the road for fresh funding, hires banker

Finance

23 June, 2025

Omidyar-backed Revfin hits the road for fresh funding, hires banker

Electric vehicle-focussed fintech lender Revfin Services Pvt Ltd has started a process to raise fresh funding and has ......

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Tiger Global, Google-backed Progcap in fundraising talks

Finance

20 June, 2025

Tiger Global, Google-backed Progcap in fundraising talks

Fintech firm Progcap, which is backed by investors such as Tiger Global, Peak XV Partners, and Google, is in talks ......

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Need 3-4 quarters of sustainable growth before IPO: IndiaFirst Life's CEO Gandhi

Finance

20 June, 2025

Need 3-4 quarters of sustainable growth before IPO: IndiaFirst Life's CEO Gandhi

IndiaFirst Life Insurance, backed by Warburg Pincus, reported a net profit exceeding Rs 100 crore ($11.5 million) for ......

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Bottomline: Non-cash expenses keep Progcap in red; AUM rises in FY25

Finance

19 June, 2025

Bottomline: Non-cash expenses keep Progcap in red; AUM rises in FY25

Progcap, backed by marquee investors such as Tiger Global, Peak XV Partners, and Google, is grappling with profitability......

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How was LeapFrog's exit move from India financial services firm?

Finance

17 June, 2025

How was LeapFrog's exit move from India financial services firm?

Private equity firm LeapFrog Investments has monetised part of its investment in a financial services provider that it ......

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IKF Finance's Vasumathi Devi on IPO plans, asset quality, expansion goals, and more

Finance

16 June, 2025

IKF Finance's Vasumathi Devi on IPO plans, asset quality, expansion goals, and more

IKF Finance delisted from stock exchanges in 2015, citing low trading liquidity and the need for greater operational ......

Ace investors Prashant Jain, Sunil Singhania's firms bet on Capri Global

Finance

13 June, 2025

Ace investors Prashant Jain, Sunil Singhania's firms bet on Capri Global

Prashant Jain, former chief investment officer of HDFC Mutual Fund, and well-known stock market investor Sunil Singhania......

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LeapFrog-backed Electronica Finance eyes fresh fundraise

Finance

11 June, 2025

LeapFrog-backed Electronica Finance eyes fresh fundraise

Electronica Finance, which secured equity funding from LeapFrog Investments and Aavishkaar Capital last year, is now ......

Bajaj Finserv appoints former Kotak executive Lakshmi Iyer to lead investments

Finance

10 June, 2025

Bajaj Finserv appoints former Kotak executive Lakshmi Iyer to lead investments

Bajaj Finserv has appointed Lakshmi Iyer as group president for investments, effective August 1, the company announced ......