Ajay writes on the banking, financial services, and insurance segment. He is keen on analysing the multi-fold impact of any news development, and putting it across in the long-form.
TMT
Zaggle to acquire majority stake in enterprise software firm EffiaSoft
Software-as-a-service company Zaggle Prepaid Ocean Services Ltd has agreed to acquire a majority stake in Hyderabad-based enterprise software company EffiaSoft ......
Finance
Bottomline: Leapfrog-backed Auxilo Finserve maintains growth momentum
Auxilo Finserve Pvt Ltd, an education finance company that counts four private equity-style investors in its cap table, managed to ......
Finance
How is Piramal Alts' BFSI bet turning out as it reinvests at higher valuation?
Piramal Alternatives, the alternative investment arm of billionaire Ajay Piramal-led Piramal Group, is set to reinvest in an Indian company ......
Finance
Ecofy Finance secures $12.5 mn from offshore investor
Ecofy Finance, a green transition-focused non-banking financial company (NBFC), has secured capital from an offshore investor. Co-founded by financial services veterans ......
Finance
Aditya Birla Finance to raise $150 mn in funding
Aditya Birla Finance is set to raise $150 million (Rs 1,283 crore) in funding to support its lending activities for ......
Finance
Maintaining portfolio quality a priority; growing cautiously: Satin Creditcare MD
Microfinance lender Satin Creditcare Network has projected an 8-10% growth in assets under management (AUM) for the financial year ending ......
Finance
Bain Capital to acquire joint control of Manappuram Finance for over $500 mn
Private equity firm Bain Capital has agreed to acquire joint control of Manappuram Finance Ltd, a Kerala-based non-banking financial company ......
Finance
Billionaire Richard Chandler's Clermont makes multibagger exit move in India
Singapore-based Clermont Group, founded and led by New Zealand-born billionaire Richard Chandler, has made its third liquidity move from an ......
Finance
Ares-backed ACRE increases focus on retail loan segment to drive growth
Assets Care & Reconstruction Enterprise Ltd (ACRE), backed by US-based alternative investment firm Ares Management, is ramping up its efforts ......
Finance
CDPQ-backed Edelweiss ARC appoints insider as interim MD and CEO
Edelweiss Asset Reconstruction Company said Wednesday it has received the Reserve Bank of India's (RBI) approval to appoint Mythili Balasubramanian ......
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