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.

Pro
Apollo Global making face-saver exit from decade-old India portfolio firm

Infrastructure

16 October, 2024

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

16 October, 2024

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

15 October, 2024

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

14 October, 2024

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 ......

Premium

Finance

10 October, 2024

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 ......

Premium

Consumer

08 October, 2024

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 ......

Premium

Finance

07 October, 2024

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, ......

Premium

Finance

03 October, 2024

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

01 October, 2024

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 ......

Premium

Finance

30 September, 2024

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 ......