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
Beams Fintech Fund bets on PE-backed lender Infinity Fincorp
Beams Fintech Fund, a growth-stage private equity firm that invests in financial services and financial technology companies, said Wednesday it ......
People
Former Federal Bank CEO Srinivasan joins TVS Capital as senior advisor
TVS Capital Funds has appointed Shyam Srinivasan, the former chief executive officer and managing director of Federal Bank, as a ......
TMT
Zaggle to acquire majority stake in enterprise software firm EffiaSoft
Software-as-a-service company Zaggle Prepaid Ocean Services Ltd has agreed to acquire a majority stake in Hyderabad-based enterprise software company EffiaSoft ......
Finance
Bottomline: Leapfrog-backed Auxilo Finserve maintains growth momentum
Auxilo Finserve Pvt Ltd, an education finance company that counts four private equity-style investors in its cap table, managed to ......
Finance
How is Piramal Alts' BFSI bet turning out as it reinvests at higher valuation?
Piramal Alternatives, the alternative investment arm of billionaire Ajay Piramal-led Piramal Group, is set to reinvest in an Indian company ......
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 ......