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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Flashback 2024: Top banking and financial services deals of the year

Finance

26 December, 2024

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 ......

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Finance

19 December, 2024

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 ......

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Finance

17 December, 2024

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 ......

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Finance

17 December, 2024

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

13 December, 2024

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 ......

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Finance

12 December, 2024

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

11 December, 2024

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 ......

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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 ......

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 ......

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......