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
Spotlight: Is PE-backed SK Finance's IPO dream slipping away?
SK Finance, backed by private equity firms TPG and Norwest, filed for a Rs 2,200 crore ($248 million) IPO over ......
Finance
Bottomline: Asset quality woes weigh on PE-backed Kogta Financial; AUM growth sustains
Kogta Financial, which is backed by investors such as Morgan Stanley PE Asia, Multiples PE, and Ontario Teachers' ......
Finance
Indel Money's fund-raising plan gathers pace, ropes in banker
Gold loan-focussed Indel Money’s plans to raise equity capital and get an external institutional investor on its ......
Finance
How Kalaari-backed Airpay plans to sustain growth after doubling FY25 revenue
Airpay Payment Services Pvt Ltd, a financial services provider backed by venture capital firm Kalaari Capital, plans to ......
Finance
Liberty Mutual looks to lift stake in India insurance joint venture
Liberty Mutual Group, a US-based multinational insurer, is set to increase its stake in its Indian insurance joint ......
Finance
Amicus-backed Equirus' earnings surge for second year in a row; plans another M&A
Mumbai-based Equirus Capital Pvt Ltd grew its topline and profit at a strong pace for the second consecutive year during......
Finance
UK fintech Tide plans larger India play after turning unicorn in TPG-led round
Tide Holdings, a UK-based business management platform for micro, small, and medium-sized enterprises (MSMEs), is set to......
Finance
Weaver's Satrajit Bhattacharya on M&A bets, capital deployment, scaling up, and more
Following the merger of Housing Development Finance Corporation (HDFC) with HDFC Bank in 2023, the former's head of ......
Finance
Agri-focused Samunnati to look for fresh funds, new investor on captable
Agricultural financier and trade-service provider Samunnati group, which recently raised capital from an affiliate of ......
Healthcare
Searchlight: MDIndia posts profit recovery in FY25, but competitive pressures loom
MDIndia Health Insurance TPA’s net profit recovered in the financial year ended March 2025 after a sharp drop the ......
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