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.
Infrastructure
Apollo Global making face-saver exit from decade-old India portfolio firm
Apollo Global Management, the US-based private equity and credit investor, has made an exit move from a struggling ......
TMT
BharatPe's losses narrow as revenue rises, cash burn drops
Fintech unicorn BharatPe's consolidated loss before tax narrowed to Rs 474 crore in the financial year ended 2024 ......
Finance
TVS Credit posts 20% growth in profit for second quarter
TVS Credit, the non-banking financial arm of two-wheeler major TVS Motor Company, recorded a 20% rise in its profit ......
People
MUFG Bank-backed DMI Finance expands leadership team
DMI Finance, which raised Rs 2,798 crore in equity investment from Mitsubishi UFJ Financial Group Inc in August, has ......
Finance
Spotlight: Can Warburg-backed insurer IndiaFirst pick up pace after deferring IPO plan?
Bank of Baroda-controlled IndiaFirst Life Insurance Ltd recorded a slowdown in its value of new business (VNB) margin ......
Consumer
HCL's Nadar inks deal to acquire education firm, values target at over 10x revenue
Billionaire Shiv Nadar, founder of IT services company HCL Technologies Ltd, has signed a deal to acquire an education ......
Finance
Bottomline: Warburg-owned Shriram Housing maintains profit, AUM growth trend in FY24
Mortgage lender Shriram Housing Finance Ltd, whose sale to private equity firm Warburg Pincus was announced in May, ......
Finance
Sector scan: Why microfinance firms are bracing for growth slowdown
In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent ......
People
ICICI Venture-backed Indifi's co-founder Mahanot steps down from executive role
Siddharth Mahanot, co-founder of Indifi, which counts private equity firm ICICI Venture and venture capital firm Accel ......
Finance
Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps
In December 2018, private equity firm Warburg Pincus made its debut investment in India’s microlending sector when it ......
