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.

Sindhuja Microcredit raises $5 mn in pre-Series D round

Finance

11 May, 2026

Sindhuja Microcredit raises $5 mn in pre-Series D round

Noida-headquartered Sindhuja Microcredit has raised $5 million (nearly Rs 48 crore) in a pre-Series D funding round led ......

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Blackstone-controlled Aadhar Housing snags funding from offshore investor

Finance

11 May, 2026

Blackstone-controlled Aadhar Housing snags funding from offshore investor

Aadhar Housing Finance Ltd, the Indian mortgage lender majority owned by private equity giant Blackstone, has tapped an ......

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Amazon-backed ToneTag logs third straight profitable year, ramps up global push

TMT

07 May, 2026

Amazon-backed ToneTag logs third straight profitable year, ramps up global push

ToneTag, backed by Amazon and Qualcomm Ventures, among others, reported a net profit for the third consecutive year in ......

Fairfax to gain majority stake in IIFL Capital with $211 mn investment

Finance

07 May, 2026

Fairfax to gain majority stake in IIFL Capital with $211 mn investment

Canadian investment firm Fairfax India Holdings Corp will infuse Rs 2,000 crore (around $211 million) into IIFL Capital ......

Eversource-backed Ecofy gets $15 mn from Natixis affiliate

Finance

06 May, 2026

Eversource-backed Ecofy gets $15 mn from Natixis affiliate

Ecofy Finance, a non-bank lender backed by private equity firm Eversource Capital, has secured $15 million (nearly Rs ......

Pro
VC-backed Shivalik Small Finance Bank set to acquire housing financier

Finance

06 May, 2026

VC-backed Shivalik Small Finance Bank set to acquire housing financier

Shivalik Small Finance Bank, backed by SMBC Asia Rising Fund and Accel, is close to acquiring a company in the ......

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Kotak Alts makes first bet from new private credit fund, eyes final close

Finance

05 May, 2026

Kotak Alts makes first bet from new private credit fund, eyes final close

Kotak Alternate Asset Managers Ltd has started deploying capital from its second offering in the private credit strategy......

Axis Capital promotes Kushagra Kumar to managing director

People

04 May, 2026

Axis Capital promotes Kushagra Kumar to managing director

Axis Capital has promoted executive director Kushagra Kumar to managing director. In his new role, Kumar will ......

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Bottomline: VC-backed Shivalik Bank grapples with NPAs, margin pressure

Finance

27 April, 2026

Bottomline: VC-backed Shivalik Bank grapples with NPAs, margin pressure

Shivalik Small Finance Bank, which is backed by investors such as SMBC Asia Rising Fund and Accel, witnessed a ......

Edelweiss group's alts unit gets SEBI nod for IPO

Finance

24 April, 2026

Edelweiss group's alts unit gets SEBI nod for IPO

EAAA India Alternatives, the alternative asset management arm of the Edelweiss group, said it has received an approval ......