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.
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......















