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
Andhra's Kanakadurga Finance eyeing up to $15 mn in fresh funding
Andhra-based Kanakadurga Finance is in talks with private equity investors to raise Rs 100-125 crore (around $11.9-14.9 ......
Finance
Sector Scan: Why affordable housing financiers are the new talk of PE town
Affordable housing finance companies are finding favour among large private equity firms as the strong demand for such ......
Finance
Avenue Capital-backed Arcil's Mohapatra on growth drivers, consolidation and more
Avenue Capital-backed Asset Reconstruction Company (India) Ltd, or Arcil, has a plan in place to grow its business ......
TMT
Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz
SoftBank and Ant Financial-backed One97 Communications, Paytm's parent, posted a net profit of Rs 930 crore dring ......
Finance
Gaja Capital, Lok Capital back former HDFC exec's firm to buy mortgage lender
Private equity firm Gaja Capital and impact investor Lok Capital are backing a company set up by a former senior ......
Finance
Shubham Housing gears up for fresh PE fundraise to boost capitalisation
PremjiInvest-backed Shubham Housing Development Finance is in the process of raising fresh equity capital, in a move ......
Finance
Spotlight: Why Apollo Global-backed Clix Capital has failed to click
Clix Capital had everything going for it. A solid pedigree, experienced founders and a deep-pocketed global private ......
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 ......
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