Ajay Ramanathan

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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 ......

Finance

04 September, 2024

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 ......

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Finance

04 September, 2024

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 ......

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Finance

02 September, 2024

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 ......

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Finance

30 August, 2024

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. ......

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Finance

30 August, 2024

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 ......

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Finance

29 August, 2024

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

26 August, 2024

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 ......

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Finance

16 August, 2024

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 ......

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Finance

12 August, 2024

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 ......