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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Ecofy Finance secures $12.5 mn from offshore investor

Finance

25 March, 2025

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 ......

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Aditya Birla Finance to raise $150 mn in funding

Finance

24 March, 2025

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 ......

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Maintaining portfolio quality a priority; growing cautiously: Satin Creditcare MD

Finance

21 March, 2025

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 ......

Bain Capital to acquire joint control of Manappuram Finance for over $500 mn

Finance

20 March, 2025

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 ......

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Billionaire Richard Chandler's Clermont makes multibagger exit move in India

Finance

20 March, 2025

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 ......

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Ares-backed ACRE increases focus on retail loan segment to drive growth

Finance

20 March, 2025

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 ......

CDPQ-backed Edelweiss ARC appoints insider as interim MD and CEO

Finance

19 March, 2025

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 ......

Allianz to exit insurance JVs with Bajaj Finserv, explore new opportunities

Finance

18 March, 2025

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 ......

True North leads Series B funding in Nivara Home Finance

Finance

17 March, 2025

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 ......

Patanjali, DS Group to buy Magma General for over $500 mn to enter insurance sector

Finance

13 March, 2025

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 ......