Ajay Ramanathan
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 ......
Finance
Bottomline: PE-owned HDFC Credila's FY24 profit jumps as loan growth sustains
HDFC Credila Financial Services, which recently came under private equity ownership, has sustained the pace of its assets under management ......
Finance
PE-backed Vastu Housing Finance secures $50 mn from US development financier
Vastu Housing Finance has received a loan of up to $50 million from United States International Development Finance Corporation (USDFC) ......
Finance
Accion, Leapfrog minting money from India bet but IFC sitting on a loss
Global impact investors Accion and Leapfrog Investments are making multi-bagger returns on their investment in an Indian non-bank lender but ......
Finance
Bharat Bhise's Bravia Capital fully exits Indian finance company
Bravia Capital, a New York-based family office investment firm founded by Bharat Bhise in 2000, has fully exited a Mumbai-headquartered ......
TMT
Embedded finance, cross-border payments hold promise: QED's Sandeep Patil
Fintech-focussed QED Investors has pumped $150 million into India since it set up operations in the country four years ago. ......
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 ......