Ajay Ramanathan - Author at VCCircle
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Ajay Ramanathan

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Did Nexus Ventures beat the benchmark in fourth exit move of the year?

Finance

17 September, 2024

Did Nexus Ventures beat the benchmark in fourth exit move of the year?

Venture capital firm Nexus Venture Partners has divested part of its stake in a company that it first backed more ......

Insurtech startup Onsurity raises $45 mn in Series B round

Finance

16 September, 2024

Insurtech startup Onsurity raises $45 mn in Series B round

Onsurity Technologies, which operates an eponymous insurtech startup, has concluded its $45 million Series B round, led by private equity ......

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BlackSoil's Ankur Bansal on Caspian merger, funding plans and possible IPO

Finance

16 September, 2024

BlackSoil's Ankur Bansal on Caspian merger, funding plans and possible IPO

Earlier this month, impact investment lender Caspian Debt announced a merger with alternative credit provider BlackSoil Capital, in what the ......

Rural-focussed NBFC Moneyboxx Finance raises $21 mn

Finance

13 September, 2024

Rural-focussed NBFC Moneyboxx Finance raises $21 mn

Non-bank lender Moneyboxx Finance has raised Rs 176 crore ($21 million) of capital to support growth plans, the company said in ......

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Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

Finance

13 September, 2024

Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains

HDFC Credila Financial Services, which recently came under private equity ownership, has sustained the pace of its assets under management ......

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) ......

Pro
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 ......