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
Bertelsmann India leads BASIC Home Loan's Series B funding round
Fintech platform BASIC Home Loan has raised $10.6 million in a Series B funding round, led by Bertelsmann India ......
Finance
IIFL Home's CEO Ratra on growth drivers, high cost of funds, IPO plans and more
IIFL Finance’s home loan subsidiary IIFL Home Finance has seen an uptick of 50% year-on-year in terms of assets under ......
TMT
Zaggle on M&A spree, acquires one firm, invests in another
Software as a service firm Zaggle Prepaid Ocean Services Thursday said it has acquired a 98.3% stake in Span Across ......
Finance
Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn
Non-bank lender InCred Financial Services Ltd more than doubled its profit and grew its assets under management at a ......
Finance
Bottomline: Finova Capital's asset quality worsens even as profit rises
Non-bank lender Finova Capital continued to be troubled by asset quality risks in FY24 even as the company sustained an......
Finance
MobiKwik gets go-ahead from SEBI for $84 mn IPO in second attempt
One Mobikwik Systems has received the Securities and Exchange Board of India’s (SEBI) approval to raise Rs 700 crore......
People
Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO
Former Kotak Mahindra Bank executive KVS Manian has taken over as the managing director and chief executive officer of ......
Finance
EQT to acquire Brookfield-controlled IndoStar's housing finance unit
Private equity firm EQT has inked a deal to acquire a 100% stake in affordable housing finance company IndoStar Home ......
Finance
Aye Finance pockets Series G cheque from Temasek-backed impact investor
Aye Finance, a non-bank lender to micro, small and medium-sized enterprises (MSMEs), has raised Rs 250 crore (about $30 ......
Finance
Financial services startup Kaleidofin bags $14 mn in fresh round
Chennai-based financial services company Kaleidofin has raised $13.8 million in an equity round from various investors, ......
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