Ajay Ramanathan

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.

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People

09 October, 2025

Piramal Alts appoints former Avendus exec as performing credit co-head

Piramal Alternatives has appointed a former Avendus official as the co-head of its performing credit fund vertical. This business vertical, which ......

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Finance

09 October, 2025

Samena Capital changes deal terms for India BFSI bet

Private equity firm Samena Capital has changed the terms of a previously announced transaction to invest in an Indian company ......

Finance

03 October, 2025

Abu Dhabi's IHC to take controlling stake in Sammaan Capital for $1 bn

International Holding Company (IHC), an investment firm based in Abu Dhabi, has inked a deal to acquire a 41.2% stake ......

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Finance

03 October, 2025

Spotlight: Is PE-backed SK Finance's IPO dream slipping away?

SK Finance, backed by private equity firms TPG and Norwest, filed for a Rs 2,200 crore ($248 million) IPO over ......

Finance

30 September, 2025

Vitruvian Partners picks up stake in Hiranandani Financial

Indian non-bank lender Hiranandani Financial Services Pvt Ltd said Tuesday it has raised Rs 800 crore ($91.5 million) from London-headquartered ......

Finance

29 September, 2025

US firm Ryan buys majority stake in Dhruva Advisors; PE-backed Entero inks M&A

Mumbai-based tax advisory firm Dhruva Advisors and OrbiMed-backed Entero Healthcare Solutions announced separate deals on Monday. Dhruva Advisors-Ryan  US-headquartered global tax services ......

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Finance

29 September, 2025

Bottomline: Asset quality woes weigh on PE-backed Kogta Financial; AUM growth sustains

Kogta Financial, which is backed by investors such as Morgan Stanley PE Asia, Multiples PE, and Ontario Teachers' Pension Plan ......

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Finance

26 September, 2025

Indel Money's fund-raising plan gathers pace, ropes in banker

Gold loan-focussed Indel Money’s plans to raise equity capital and get an external institutional investor on its captable has gathered ......

Finance

25 September, 2025

Crisil to acquire Canada's McKinsey PriceMetrix for $38 mn

​Credit rating and research firm Crisil Ltd has inked a deal to acquire McKinsey PriceMetrix Co, a Canada-based step-down subsidiary ......

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Finance

25 September, 2025

How Kalaari-backed Airpay plans to sustain growth after doubling FY25 revenue

Airpay Payment Services Pvt Ltd, a financial services provider backed by venture capital firm Kalaari Capital, plans to ramp up ......

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