Ajay Ramanathan
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
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 ......
Finance
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. ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
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 ......
Finance
Bottomline: PE-backed Kogta Financial's loan book soars past $500 mn mark
Non-banking financial company Kogta Financial, which is backed by private equity names like Morgan Stanley PE Asia, Multiples PE, OTPP ......
Finance
TPG-owned Grihum Housing's AUM soars past $1 bn mark in Q1
Non-banking lender Grihum Housing Finance, erstwhile known as Poonawalla Housing Finance, reported a rise in its financial metrics for the ......