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.
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 ......
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 ......
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