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.

Kedaara-backed Veritas Finance receives SEBI approval for IPO

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

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

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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ChrysCapital-backed Varthana Finance prepares to raise fresh equity capital

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

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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Advent, TPG-backed KreditBee appoints lead bankers for IPO

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 ......

PE-backed Perfios acquires healthcare-focused platform IHX

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

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 ......

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ADIA-backed IIFL Home Finance taps another offshore investor for capital

Finance

25 April, 2025

ADIA-backed IIFL Home Finance taps another offshore investor for capital

IIFL Home Finance Ltd, a privately held unit of Mumbai-listed IIFL Finance Ltd, is raising fresh capital from an ......

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WestBridge, Nexus-backed Biz2Credit revives listing plan, in talks for pre-IPO round

Finance

24 April, 2025

WestBridge, Nexus-backed Biz2Credit revives listing plan, in talks for pre-IPO round

Fintech lending company Biz2Credit Inc., which counts private equity firm WestBridge Capital and venture capital firm ......