Ajay Ramanathan
Finance
Bottomline: Finova Capital's asset quality worsens even as profit rises
Non-bank lender Finova Capital continued to be troubled by asset quality risks in FY24 even as the company sustained an asset ......
Finance
MobiKwik gets go-ahead from SEBI for $84 mn IPO in second attempt
One Mobikwik Systems has received the Securities and Exchange Board of India’s (SEBI) approval to raise Rs 700 crore ($84 ......
People
Former Kotak Bank exec KVS Manian joins Federal Bank as MD, CEO
Former Kotak Mahindra Bank executive KVS Manian has taken over as the managing director and chief executive officer of Ernakulam-based ......
Finance
EQT to acquire Brookfield-controlled IndoStar's housing finance unit
Private equity firm EQT has inked a deal to acquire a 100% stake in affordable housing finance company IndoStar Home ......
Finance
Aye Finance pockets Series G cheque from Temasek-backed impact investor
Aye Finance, a non-bank lender to micro, small and medium-sized enterprises (MSMEs), has raised Rs 250 crore (about $30 million) ......
Finance
Financial services startup Kaleidofin bags $14 mn in fresh round
Chennai-based financial services company Kaleidofin has raised $13.8 million in an equity round from various investors, and is expecting to ......
Finance
Did Nexus Ventures beat the benchmark in fourth exit move of the year?
Venture capital firm Nexus Venture Partners has divested part of its stake in a company that it first backed more ......
Finance
Insurtech startup Onsurity raises $45 mn in Series B round
Onsurity Technologies, which operates an eponymous insurtech startup, has concluded its $45 million Series B round, led by private equity ......
Finance
BlackSoil's Ankur Bansal on Caspian merger, funding plans and possible IPO
Earlier this month, impact investment lender Caspian Debt announced a merger with alternative credit provider BlackSoil Capital, in what the ......
Finance
Rural-focussed NBFC Moneyboxx Finance raises $21 mn
Non-bank lender Moneyboxx Finance has raised Rs 176 crore ($21 million) of capital to support growth plans, the company said in ......
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