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.

Sumitomo Mitsui Banking to buy 20% stake in YES Bank from SBI, others

Finance

09 May, 2025

Sumitomo Mitsui Banking to buy 20% stake in YES Bank from SBI, others

Japanese financial services giant Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy a 20% stake in YES Bank ......

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Finance

07 May, 2025

Bottomline: VC-backed Jupiter's NBFC unit ramps up asset book but credit costs weigh

Amica Finance Pvt Ltd, the lending arm of neobanking startup Jupiter that counts venture capital investors Tiger ......

Finance

06 May, 2025

Kedaara-backed Veritas Finance receives SEBI approval for IPO

Veritas Finance, backed by private equity firm Kedaara Capital and venture capital firm Norwest Venture Partners, has ......

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Finance

05 May, 2025

PE-backed IKF Finance raising fresh capital as valuation jumps, taps new investor

Non-bank lender IKF Finance Ltd, which is backed by private equity firm Motilal Oswal Alternates, is set to secure fresh......

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Finance

01 May, 2025

Rabo-backed Kaleidofin adds new investor to cap table; NBFC unit hits breakeven

Financial services startup Kaleidofin Pvt Ltd, which is backed by several impact investors including Rabo Partnerships......

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Finance

30 April, 2025

ChrysCapital-backed Varthana Finance prepares to raise fresh equity capital

Education-focused non-banking financial company Varthana Finance, backed by investors such as ChrysCapital and Kaizen ......

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Finance

30 April, 2025

Bottomline: Avenue Capital-backed ARCIL stays on profit path as high recoveries help

Asset Reconstruction Company (India) Ltd, which is majority owned by US-based stressed assets and private credit ......

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Finance

29 April, 2025

Advent, TPG-backed KreditBee appoints lead bankers for IPO

Lending startup KreditBee, backed by various private equity firms, has appointed lead bankers to explore an initial ......

Healthcare

28 April, 2025

PE-backed Perfios acquires healthcare-focused platform IHX

Perfios Software Solutions, backed by private equity firms Warburg Pincus and Kedaara Capital, has acquired IHX, a ......

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Finance

28 April, 2025

Immediate focus on reach, not profit; capital raise likely: Shriram Life's CEO Kromhout

“If you have an ambitious goal like ‘Insurance for all by 2047’, then life insurance companies need to be ......