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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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 ......

Avanti Finance raises $14.2 mn from Dia Vikas Capital, others

Finance

11 December, 2024

Avanti Finance raises $14.2 mn from Dia Vikas Capital, others

Bengaluru-based NBFC Avanti Finance has raised $14.2 million, or about Rs 120 crore, from Dia Vikas Capital, along with ......

Multiples PE leads $118-mn investment in Shubham Housing

Finance

10 December, 2024

Multiples PE leads $118-mn investment in Shubham Housing

Private equity firm Multiples PE has led a Rs 1,000-crore ($118 million) Series F round of investment in Shubham Housing......

Edelweiss Alternatives files draft papers for IPO, looks to raise nearly $177 mn

Finance

09 December, 2024

Edelweiss Alternatives files draft papers for IPO, looks to raise nearly $177 mn

EAAA Alternatives, which is the alternative investment subsidiary of Edelweiss Financial Services, has filed its draft ......

BlueOrchard bets on ChrysCapital-backed Varthana Finance

Finance

09 December, 2024

BlueOrchard bets on ChrysCapital-backed Varthana Finance

ChrysCapital-backed Varthana Finance has secured $15 million, or Rs 120 crore, in external commercial borrowing (ECB) ......

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Warburg Pincus, Creation may top-up bets on loss-making Indian firm

Finance

06 December, 2024

Warburg Pincus, Creation may top-up bets on loss-making Indian firm

US-based private equity firm Warburg Pincus and impact investor Creation Investments are likely to double down on a ......

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Blackstone-backed Aadhar Housing aims organic expansion as M&A targets elusive: CEO

Finance

06 December, 2024

Blackstone-backed Aadhar Housing aims organic expansion as M&A targets elusive: CEO

Blackstone-backed Aadhar Housing Finance recently opened its office in what it says was “last possible state”. So, ......

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Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Finance

06 December, 2024

Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Nagpur-based Berar Finance, which is backed by private equity firms such as Amicus Capital, managed a healthy growth ......

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Warburg Pincus-controlled Vistaar Finance in talks with PE firms for fundraising

Finance

02 December, 2024

Warburg Pincus-controlled Vistaar Finance in talks with PE firms for fundraising

Vistaar Financial Services Pvt. Ltd, a non-banking finance company controlled by global private equity firm Warburg ......

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Bain-owned Tyger Capital focuses on asset quality as AUM growth set to moderate

Finance

29 November, 2024

Bain-owned Tyger Capital focuses on asset quality as AUM growth set to moderate

Tyger Capital Pvt. Ltd, the non-bank finance company that private equity firm Bain Capital acquired last year from Adani......