Ajay Ramanathan
Finance
Sector Scan: Fresh slippages add to asset quality woes of MSME-focused NBFCs
Non-bank lenders enjoyed two years of high growth post COVID-19 as a pent-up demand in the economy led to a ......
Finance
How are Aye Finance's PE-VC backers faring as it eyes over $500 mn valuation in IPO?
A clutch of private equity, venture capital and impact investors are looking to monetise their investment in Aye Finance Ltd through the non-banking ......
Finance
Bottomline: Multiples PE-backed Shubham Housing sustains loan growth, profitability
Shubham Housing Development Finance Company, a darling of private equity firms, has clocked a steady growth in its assets under ......
Finance
Svakarma Finance secures $10.4 mn funding from Encourage Capital, others
Svakarma Finance, which lends mostly to small businesses, has raised $10.4 million (Rs 88 crore) through a combination of debt ......
Finance
Advent, TPG-backed KreditBee plans $150 mn pre-IPO round
Lending startup KreditBee, which counts private equity firms Motilal Oswal Alternates, TPG NewQuest and Advent International as its investors, is ......
Finance
Sanlam to buy 23% in Shriram Asset Management, makes open offer
South African financial services group Sanlam is picking up a 23% stake in Shriram Asset Management Company Ltd and has ......
Finance
Bottomline: Ambit Finvest AUM, net profit surge; asset quality slips
Adar Poonawalla-backed Ambit Finvest managed to raise both its asset under management (AUM) and net profit in the financial year ......
Finance
Avanti Finance raises $14.2 mn from Dia Vikas Capital, others
Bengaluru-based NBFC Avanti Finance has raised $14.2 million (about Rs 120 crore) from Dia Vikas Capital, along with some of ......
Finance
Multiples PE leads $118-mn investment in Shubham Housing
Private equity firm Multiples PE has led a Rs 1,000-crore ($118 million) Series F round of investment in Shubham Housing ......
Finance
Edelweiss Alternatives files draft papers for IPO, looks to raise nearly $177 mn
EAAA Alternatives, which is the alternative investment subsidiary of Edelweiss Financial Services, has filed its draft papers with Securities and ......