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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Bottomline: CASHe's NBFC unit Bhanix Finance pivots to co-lending as NPAs rise

Finance

20 January, 2026

Bottomline: CASHe's NBFC unit Bhanix Finance pivots to co-lending as NPAs rise

Bhanix Finance and Investment, fintech firm CASHe's NBFC unit, has transitioned from a balance-sheet lender to a lending service provider ......

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LKP Finance firms up game plan in new avatar as Gyftr, scouts for acquisitions

TMT

16 January, 2026

LKP Finance firms up game plan in new avatar as Gyftr, scouts for acquisitions

​LKP Finance Ltd, which has given up its non-banking finance company licence and is renaming itself to Gyftr Ltd as ......

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Former Five-Star Business Finance CEO Krishnan takes over MSME lender as Accion exits

Finance

14 January, 2026

Former Five-Star Business Finance CEO Krishnan takes over MSME lender as Accion exits

Rangarajan Krishnan, a former CEO of Mumbai-listed lender Five-Star Business Finance Ltd, has acquired a controlling stake in a non-bank ......

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Investec's private credit fund cuts $33-mn cheque for an iron and steel maker

Manufacturing

14 January, 2026

Investec's private credit fund cuts $33-mn cheque for an iron and steel maker

Investec India has invested nearly $33 million (Rs 300 crore) through a private-credit deal in an iron and steel maker. Through ......

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WestBridge-backed Propelld set to turn profitable in FY26; plans capital raise

TMT

13 January, 2026

WestBridge-backed Propelld set to turn profitable in FY26; plans capital raise

Bluebear Technologies, which runs education-focused fintech startup Propelld, is on track to end FY26 in the black, according to a ......

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Vivriti Group's Vineet Sukumar on demerger plans, product strategy, and more

Finance

12 January, 2026

Vivriti Group's Vineet Sukumar on demerger plans, product strategy, and more

Vivriti Group, which houses non-bank lender Vivriti Capital and Vivriti Asset Management, is in the process of restructuring its operations. ......

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Anicut-backed Unico Housing eyes bigger cheque, appoints banker

Finance

09 January, 2026

Anicut-backed Unico Housing eyes bigger cheque, appoints banker

Around five months after raising money from Anicut Capital, non-bank lender Unico Housing Finance is readying for another funding round, ......

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PE-backed Arohan Financial revitalises IPO plan, appoints bankers

Finance

09 January, 2026

PE-backed Arohan Financial revitalises IPO plan, appoints bankers

Arohan Financial Services, which is backed by many entities such as Tano Capital, Maj Invest and TR Capital among others, ......

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Bottomline: Livfin struggles as NPAs soar, CEO and key investor exit

Finance

07 January, 2026

Bottomline: Livfin struggles as NPAs soar, CEO and key investor exit

Non-bank lender Livfin India Pvt Ltd’s bad loans surged to dangerous levels and assets under management shrunk drastically in the ......

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SBI Funds Management kicks off IPO process, appoints bankers

Finance

06 January, 2026

SBI Funds Management kicks off IPO process, appoints bankers

​SBI Funds Management Ltd, the largest fund house in India and the asset manager for SBI Mutual Fund, has set ......