analysis
Finance
Bottomline: Warburg-owned Shriram Housing maintains profit, AUM growth trend in FY24
Mortgage lender Shriram Housing Finance Ltd, whose sale to private equity firm Warburg Pincus was announced in May, reported a 58% rise in its ......
Finance
Sector scan: Why microfinance firms are bracing for growth slowdown
In March, India’s microfinance sector recorded its biggest private equity transaction. That month, US-based Advent International and India’s Multiples PE ......
Infrastructure
Bottomline: Fairfax-controlled Bengaluru airport operator flies into a loss
The financial year 2023-24 was a mixed bag of sorts for Bengaluru International Airport Ltd (BIAL), which operates the Kempegowda ......
Finance
Spotlight: What went wrong with Warburg-backed Fusion Finance as stock slumps
In December 2018, private equity firm Warburg Pincus made its debut investment in India’s microlending sector when it backed Fusion ......
Finance
Bottomline: InCred Finance's profit zooms as loan book jumps above $1 bn
Non-bank lender InCred Financial Services Ltd more than doubled its profit and grew its assets under management at a brisk ......
Healthcare
Bottomline: InvAscent-backed Malladi Drugs seeks to step up growth with potential IPO in sight
Malladi Drugs and Pharmaceuticals Ltd, which is backed by healthcare-focused private equity firm InvAscent, is seeking to accelerate business growth as ......
Infrastructure
Bottomline: NIIF-controlled Ayana loses momentum as revenue growth slows, profit slumps
The financial year 2023-24 was not a particularly fruitful one for green energy company Ayana Renewable Power Pvt Ltd as ......
Consumer
Bottomline: Warburg-backed Biba's business faces same old growth pangs
Biba Apparels, which is backed by private equity firms Warburg Pincus and Faering Capital, is facing severe growth pangs after ......
Infrastructure
Bottomline: PE-backed IndiQube comes within stone's throw of FY24 revenue target
WestBridge Capital-backed flexible office space provider IndiQube, which was believed to be in talks with bankers for a public listing, ......
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 ......