Ajay Ramanathan
Finance
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 ......
Finance
Caspian Debt to merge with BlackSoil Capital via share swap
Alternative credit providers BlackSoil Capital and Caspian Impact Investments (Debt) have received an approval from their boards of directors to ......
Finance
PwC India revenue tops $1 bn on consultancy push but audit biz mints more profit
PricewaterhouseCoopers (PwC), one of the Big Four global accounting firms, recorded a brisk rise in its India revenue during the ......
Finance
Creador, Norwest join Samara Capital for India PE buyout as deal value climbs
India- and Southeast Asia-focused private equity firm Creador as well as venture capital and growth equity investment firm Norwest Venture ......
Finance
Shriram General Insurance's CEO on upsizing non-motor book, IPO plans and more
Over two years ago, private equity major KKR acquired a 9.99% stake in Shriram General Insurance for Rs 1,800 crore. ......
Finance
Bottomline: Varthana's FY24 AUM grows as pandemic tremors begin to recede
Varthana Finance, backed by private equity names such as ChrysCapital, Kaizen Private Equity, along with a slew of angel investors ......
Finance
Bottomline: PremjiInvest-backed TVS Credit sustains healthy AUM growth in FY24
TVS Credit Services, the non-banking finance arm of two-wheeler maker TVS Motor Company, posted a 24% year-on-year rise in assets under management ......
TMT
PhonePe's FY24 revenue rises 74%, standalone payments business turns profitable
Walmart-owned digital payments firm PhonePe’s revenue rose 74% year-on-year in the financial year ended March 2024, aided by the company’s ......
Finance
Grihum Housing's Manish Jaiswal on changes under PE ownership, growth and more
A year ago, private equity major TPG acquired the erstwhile Poonawalla Housing Finance for a pre-money equity valuation of Rs ......
Finance
Kedaara, Partners Group sign off with over $1 bn from India club deal
Private equity firm Kedaara Capital, which raised a record sum for its fourth India-focused fund, and its Swiss co-investor Partners Group ......