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.

EQT, ChrysCapital-controlled Credila pre-files DRHP for IPO

Finance

30 December, 2024

EQT, ChrysCapital-controlled Credila pre-files DRHP for IPO

Nearly 18 months after private equity firms EQT and ChrysCapital bought out HDFC Bank from HDFC Credila Financial ......

Japan's SMFG infuses $350 mn into Indian NBFC arm

Finance

26 December, 2024

Japan's SMFG infuses $350 mn into Indian NBFC arm

Japan’s Sumitomo Mitsui Financial Group (SMFG) has invested an additional Rs 3,000 crore, or over $350 million, into ......

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Flashback 2024: Top banking and financial services deals of the year

Finance

26 December, 2024

Flashback 2024: Top banking and financial services deals of the year

Dealmaking in the banking, financial services and insurance segment in India was patchy in 2024 as private equity as ......

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Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs

Finance

19 December, 2024

Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs

Non-bank lenders enjoyed two years of high growth post COVID-19 as a pent-up demand in the economy led to a ......

Pro
How are Aye Finance's PE-VC backers faring as it eyes over $500 mn valuation in IPO?

Finance

17 December, 2024

How are Aye Finance's PE-VC backers faring as it eyes over $500 mn valuation in IPO?

A clutch of private equity, venture capital and impact investors are looking to monetise their investment in Aye ......

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Bottomline: Multiples PE-backed Shubham Housing sustains loan growth, profitability

Finance

17 December, 2024

Bottomline: Multiples PE-backed Shubham Housing sustains loan growth, profitability

Shubham Housing Development Finance Company, a darling of private equity firms, has clocked a steady growth in its ......

Svakarma Finance secures $10.4 mn funding from Encourage Capital, others

Finance

13 December, 2024

Svakarma Finance secures $10.4 mn funding from Encourage Capital, others

Svakarma Finance, which lends mostly to small businesses, has raised $10.4 million (Rs 88 crore) through a combination ......

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Advent, TPG-backed KreditBee plans $150 mn pre-IPO round

Finance

12 December, 2024

Advent, TPG-backed KreditBee plans $150 mn pre-IPO round

Lending startup KreditBee, which counts private equity firms Motilal Oswal Alternates, TPG NewQuest and Advent ......

Sanlam to buy 23% in Shriram Asset Management, makes open offer

Finance

11 December, 2024

Sanlam to buy 23% in Shriram Asset Management, makes open offer

South African financial services group Sanlam is picking up a 23% stake in Shriram Asset Management Company Ltd and has ......

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Bottomline: Ambit Finvest AUM, net profit surge; asset quality slips

Finance

11 December, 2024

Bottomline: Ambit Finvest AUM, net profit surge; asset quality slips

Adar Poonawalla-backed Ambit Finvest managed to raise both its asset under management (AUM) and net profit in the ......