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.

Beams Fintech Fund bets on PE-backed lender Infinity Fincorp

Finance

02 April, 2025

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 ......

Former Federal Bank CEO Srinivasan joins TVS Capital as senior advisor

People

01 April, 2025

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 ......

Zaggle to acquire majority stake in enterprise software firm EffiaSoft

TMT

28 March, 2025

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 ......

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Bottomline: Leapfrog-backed Auxilo Finserve maintains growth momentum

Finance

27 March, 2025

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 ......

Pro
How is Piramal Alts' BFSI bet turning out as it reinvests at higher valuation?

Finance

26 March, 2025

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 ......

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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 ......

Premium

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 ......

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 ......

Pro

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 ......