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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Shriram Finance taps offshore investor to raise fresh capital

Finance

07 January, 2025

Shriram Finance taps offshore investor to raise fresh capital

Shriram Finance Ltd, one of India’s largest non-banking finance companies, is raising as much as $850 million (about ......

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TMT

02 January, 2025

SaaS fintech firm Zaggle identifies three acquisition targets

Zaggle Prepaid Ocean Services Ltd has zeroed in on three acquisition targets, a top executive told VCCircle, as the ......

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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

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 ......

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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 ......

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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 ......

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Finance

06 December, 2024

Warburg Pincus, Creation may top-up bets on loss-making Indian firm

US-based private equity firm Warburg Pincus and impact investor Creation Investments are likely to double down on a ......

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Finance

06 December, 2024

Blackstone-backed Aadhar Housing aims organic expansion as M&A targets elusive: CEO

Blackstone-backed Aadhar Housing Finance recently opened its office in what it says was “last possible state”. So, ......

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Finance

06 December, 2024

Bottomline: Amicus-backed Berar Finance's loan book grows but bad debts weigh

Nagpur-based Berar Finance, which is backed by private equity firms such as Amicus Capital, managed a healthy growth ......

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Finance

02 December, 2024

Warburg Pincus-controlled Vistaar Finance in talks with PE firms for fundraising

Vistaar Financial Services Pvt. Ltd, a non-banking finance company controlled by global private equity firm Warburg ......