Ajay Ramanathan

Pro

Finance

29 October, 2024

Sector Scan: Why affordable housing financiers are the new talk of PE town

Affordable housing finance companies are finding favour among large private equity firms as the strong demand for such loans and ......

Premium

Finance

28 October, 2024

Avenue Capital-backed Arcil's Mohapatra on growth drivers, consolidation and more

Avenue Capital-backed Asset Reconstruction Company (India) Ltd, or Arcil, has a plan in place to grow its business despite bad ......

TMT

22 October, 2024

Paytm cuts EBITDA loss in Q2; gains from one-time sale of ticketing biz

SoftBank and Ant Financial-backed One97 Communications, Paytm's parent, posted a net profit of Rs 930 crore dring the second quarter ......

Premium

Finance

17 October, 2024

Gaja Capital, Lok Capital back former HDFC exec's firm to buy mortgage lender

Private equity firm Gaja Capital and impact investor Lok Capital are backing a company set up by a former senior ......

Premium

Finance

17 October, 2024

Shubham Housing gears up for fresh PE fundraise to boost capitalisation

PremjiInvest-backed mortgage lender Shubham Housing Development Finance is in the process of raising fresh equity capital, in a move that ......

Pro

Finance

17 October, 2024

Spotlight: Why Apollo Global-backed Clix Capital has failed to click

Clix Capital had everything going for it. A solid pedigree, experienced founders and a deep-pocketed global private equity investor. That ......

Pro

Infrastructure

16 October, 2024

Apollo Global making face-saver exit from decade-old India portfolio firm

Apollo Global Management, the US-based private equity and credit investor, has made an exit move from a struggling Indian company ......

TMT

16 October, 2024

BharatPe's losses narrow as revenue rises, cash burn drops

Fintech unicorn BharatPe's consolidated loss before tax narrowed to Rs 474 crore in the financial year ended 2024 from Rs ......

Finance

15 October, 2024

TVS Credit posts 20% growth in profit for second quarter

TVS Credit, the non-banking financial arm of two-wheeler major TVS Motor Company, recorded a 20% rise in its profit after ......

People

14 October, 2024

MUFG Bank-backed DMI Finance expands leadership team

DMI Finance, which raised Rs 2,798 crore in equity investment from Mitsubishi UFJ Financial Group Inc in August, has added two senior ......