Ajay Ramanathan - Author at VCCircle
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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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VC-backed Olyv in black for second straight year, may raise fresh funding

TMT

11 September, 2025

VC-backed Olyv in black for second straight year, may raise fresh funding

Fintech startup Olyv, which is backed by venture capital firms Lightrock and Unicorn India Ventures, has recorded a net ......

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Singapore's Temasek, Malaysia's Khazanah bet on Indian firm

Finance

11 September, 2025

Singapore's Temasek, Malaysia's Khazanah bet on Indian firm

Singapore state investment firm Temasek, one of the most active private equity-style investors in India, and Malaysian ......

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VC-backed Snapmint gears up for big-ticket round; appoints banker

Finance

10 September, 2025

VC-backed Snapmint gears up for big-ticket round; appoints banker

No-cost EMI platform Snapmint, which last raised capital in December, is now preparing for a major equity funding round......

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Bottomline: Warburg-backed Vistaar hit by rising NPAs, credit costs

Finance

10 September, 2025

Bottomline: Warburg-backed Vistaar hit by rising NPAs, credit costs

Vistaar Financial Services, a non-bank lender controlled by private equity firm Warburg Pincus, witnessed a spike in ......

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Berar Finance cap table set for new names; Amicus may part-exit

Finance

03 September, 2025

Berar Finance cap table set for new names; Amicus may part-exit

Non-banking lender Berar Finance, which is backed by private equity firm Amicus Capital Partners, is looking to raise ......

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Multiples PE-backed Shubham Housing eyes smaller cities and towns to fuel growth

Finance

03 September, 2025

Multiples PE-backed Shubham Housing eyes smaller cities and towns to fuel growth

Shubham Housing Development Finance Company Ltd, which is backed by private equity firms such as Multiples and LeapFrog......

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Tiger Global-backed Progcap kicks off FY26 with profitable quarter; AUM shrinks

Finance

01 September, 2025

Tiger Global-backed Progcap kicks off FY26 with profitable quarter; AUM shrinks

Fintech firm Progcap, which is backed by investors such as Tiger Global, Peak XV Partners, and Google has posted a ......

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Universal Sompo Insurance's Sharad Mathur on growth strategy, new product lines and more

Finance

29 August, 2025

Universal Sompo Insurance's Sharad Mathur on growth strategy, new product lines and more

The net profit of Universal Sompo General Insurance rose to nearly Rs 190 crore (around $21.7 million) in the financial ......

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Planning a large acquisition in FY26: Zaggle MD Avinash Godkhindi

TMT

22 August, 2025

Planning a large acquisition in FY26: Zaggle MD Avinash Godkhindi

Mumbai-based Zaggle Prepaid Ocean Services has been on an acquisition spree since it listed on bourses in late 2023. The......

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Bottomline: Rising credit costs weigh on Pahal Financial's FY25 earnings

Finance

20 August, 2025

Bottomline: Rising credit costs weigh on Pahal Financial's FY25 earnings

Microfinance-focused Pahal Financial Services, which is backed by a clutch of impact investors like GAWA Capital and ......