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
Ecofy Finance secures $12.5 mn from offshore investor
Ecofy Finance, a green transition-focused non-banking financial company (NBFC), has secured capital from an offshore investor. Co-founded by financial services veterans ......
Finance
Aditya Birla Finance to raise $150 mn in funding
Aditya Birla Finance is set to raise $150 million (Rs 1,283 crore) in funding to support its lending activities for ......
Finance
Maintaining portfolio quality a priority; growing cautiously: Satin Creditcare MD
Microfinance lender Satin Creditcare Network has projected an 8-10% growth in assets under management (AUM) for the financial year ending ......
Finance
Bain Capital to acquire joint control of Manappuram Finance for over $500 mn
Private equity firm Bain Capital has agreed to acquire joint control of Manappuram Finance Ltd, a Kerala-based non-banking financial company ......
Finance
Billionaire Richard Chandler's Clermont makes multibagger exit move in India
Singapore-based Clermont Group, founded and led by New Zealand-born billionaire Richard Chandler, has made its third liquidity move from an ......
Finance
Ares-backed ACRE increases focus on retail loan segment to drive growth
Assets Care & Reconstruction Enterprise Ltd (ACRE), backed by US-based alternative investment firm Ares Management, is ramping up its efforts ......
Finance
CDPQ-backed Edelweiss ARC appoints insider as interim MD and CEO
Edelweiss Asset Reconstruction Company said Wednesday it has received the Reserve Bank of India's (RBI) approval to appoint Mythili Balasubramanian ......
Finance
Allianz to exit insurance JVs with Bajaj Finserv, explore new opportunities
Germany financial services giant Allianz SE has agreed to sell its entire stakes in two insurance joint ventures with Bajaj ......
Finance
True North leads Series B funding in Nivara Home Finance
Nivara Home Finance Ltd said Monday it has raised fresh capital in a Series B funding round led by private ......
Finance
Patanjali, DS Group to buy Magma General for over $500 mn to enter insurance sector
Patanjali Ayurved Ltd and DS Group have teamed up to enter India’s insurance sector with the acquisition of Magma General ......