Ajay Ramanathan - Author at VCCircle
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Ajay Ramanathan

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Finance

12 September, 2024

PE-backed Vastu Housing Finance secures $50 mn from US development financier

Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance Corporation (USDFC) ......

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Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Finance

12 September, 2024

Accion, Leapfrog minting money from India bet but IFC sitting on a loss

Global impact investors Accion and Leapfrog Investments are making multi-bagger returns on their investment in an Indian non-bank lender but ......

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Bharat Bhise's Bravia Capital fully exits Indian finance company

Finance

09 September, 2024

Bharat Bhise's Bravia Capital fully exits Indian finance company

Bravia Capital, a New York-based family office investment firm founded by Bharat Bhise in 2000, has fully exited a Mumbai-headquartered ......

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Embedded finance, cross-border payments hold promise: QED's Sandeep Patil

TMT

09 September, 2024

Embedded finance, cross-border payments hold promise: QED's Sandeep Patil

Fintech-focussed QED Investors has pumped $150 million into India since it set up operations in the country four years ago. ......

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SMFG India's FY24 profit takes a hit on high operating expenses

Finance

05 September, 2024

SMFG India's FY24 profit takes a hit on high operating expenses

SMFG India Credit Company’s net profit has taken a hit during the financial year ended 2024 as the non-bank lender ......

Caspian Debt to merge with BlackSoil Capital via share swap

Finance

04 September, 2024

Caspian Debt to merge with BlackSoil Capital via share swap

Alternative credit providers BlackSoil Capital and Caspian Impact Investments (Debt) have received an approval from their boards of directors to ......

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PwC India revenue tops $1 bn on consultancy push but audit biz mints more profit

Finance

04 September, 2024

PwC India revenue tops $1 bn on consultancy push but audit biz mints more profit

PricewaterhouseCoopers (PwC), one of the Big Four global accounting firms, recorded a brisk rise in its India revenue during the ......

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Creador, Norwest join Samara Capital for India PE buyout as deal value climbs

Finance

02 September, 2024

Creador, Norwest join Samara Capital for India PE buyout as deal value climbs

India- and Southeast Asia-focused private equity firm Creador as well as venture capital and growth equity investment firm Norwest Venture ......

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Shriram General Insurance's CEO on upsizing non-motor book, IPO plans and more

Finance

30 August, 2024

Shriram General Insurance's CEO on upsizing non-motor book, IPO plans and more

Over two years ago, private equity major KKR acquired a 9.99% stake in Shriram General Insurance for Rs 1,800 crore. ......

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Bottomline: Varthana's FY24 AUM grows as pandemic tremors begin to recede

Finance

30 August, 2024

Bottomline: Varthana's FY24 AUM grows as pandemic tremors begin to recede

Varthana Finance, backed by private equity names such as ChrysCapital, Kaizen Private Equity, along with a slew of angel investors ......