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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Tiger Global-backed Progcap kicks off FY26 with profitable quarter; AUM shrinks

Finance

01 September, 2025

Tiger Global-backed Progcap kicks off FY26 with profitable quarter; AUM shrinks

Fintech firm Progcap, which is backed by investors such as Tiger Global, Peak XV Partners, and Google has posted a ......

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Universal Sompo Insurance's Sharad Mathur on growth strategy, new product lines and more

Finance

29 August, 2025

Universal Sompo Insurance's Sharad Mathur on growth strategy, new product lines and more

The net profit of Universal Sompo General Insurance rose to nearly Rs 190 crore (around $21.7 million) in the financial ......

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Multiples PE scores part-exit from portfolio firm ahead of sale to continuation fund

Finance

27 August, 2025

Multiples PE scores part-exit from portfolio firm ahead of sale to continuation fund

Renuka Ramnath-led private equity firm Multiples Alternate Asset Management partially exited its stake in a portfolio ......

Warburg-controlled Vistaar adds MO Alts, three other PE investors on cap table

Finance

25 August, 2025

Warburg-controlled Vistaar adds MO Alts, three other PE investors on cap table

​Vistaar Financial Services Pvt Ltd, a non-bank lender majority owned by private equity firm Warburg Pincus, has ......

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Planning a large acquisition in FY26: Zaggle MD Avinash Godkhindi

TMT

22 August, 2025

Planning a large acquisition in FY26: Zaggle MD Avinash Godkhindi

Mumbai-based Zaggle Prepaid Ocean Services has been on an acquisition spree since it listed on bourses in late 2023. The......

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Bottomline: Rising credit costs weigh on Pahal Financial's FY25 earnings

Finance

20 August, 2025

Bottomline: Rising credit costs weigh on Pahal Financial's FY25 earnings

Microfinance-focused Pahal Financial Services, which is backed by a clutch of impact investors like GAWA Capital and ......

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Ventureast, Endiya set for multibagger returns as fintech firm readies IPO plan

Finance

20 August, 2025

Ventureast, Endiya set for multibagger returns as fintech firm readies IPO plan

Venture capital firms Endiya Partners and Ventureast are likely to clock multibagger returns as one of their common ......

Lightspeed, PremjiInvest lead $170 mn funding in Weaver Services

Finance

19 August, 2025

Lightspeed, PremjiInvest lead $170 mn funding in Weaver Services

Weaver Services, backed by Gaja Capital and Lok Capital, is set to raise fresh capital and bring new investors on ......

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City Union Bank taps offshore investor to raise fresh capital

Finance

18 August, 2025

City Union Bank taps offshore investor to raise fresh capital

Kumbakonam, Tamil Nadu-based City Union Bank is set to raise fresh capital from an offshore investor to ramp up lending ......

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Alvarez & Marsal appoints former Apollo Global exec as MD

People

13 August, 2025

Alvarez & Marsal appoints former Apollo Global exec as MD

US-based business management consultancy firm Alvarez & Marsal has appointed former Apollo Global Management executive ......