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Ajay Ramanathan

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Indexed articles, last 90 days
19
Latest publication
Sep 30, 2026
Outlet visibility, for VCCircle
Top 1M sites
Earliest in this view
Jul 7, 2026

Latest articles

  1. Article · Sep 30, 2026 · By Ajay Ramanathan

    Airtel Money gets IFC as anchor investor ahead of London IPO (opens the original)

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    Airtel Mobile Commerce NV, which operates as Airtel Money and is the fintech arm of Airtel Africa Plc, has tapped International Finance Corporation as an anchor investor ahead of its planned initial public offering on the London Stock Exchange. IFC, the World Bank Group’s private-sector investment arm, has proposed to invest up to $90 million (about £67.2 million) as a cornerstone investor in Airtel Money’s IPO, according to a disclosure. IFC said its participation as a cornerstone investor may

  2. Article · Sep 22, 2026 · By Ajay Ramanathan

    Need more transparency in private credit segment: Panellists at VCCircle summit (opens the original)

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    The lack of sufficient information and transparency is among the biggest issues in India's private credit segment, panellists said at the VCCircle Finserv Investment Summit 2026 in Mumbai on Friday. “From my perspective, investor awareness in terms of understanding returns, coupled with transparency around how capital providers do diligence on investee companies, are among the biggest issues in the private credit segment,“ said Dhruv Shah, managing director and partner at BCG. He added that ther

  3. Article · Sep 16, 2026 · By Ajay Ramanathan

    UGRO Capital taps offshore investor for debt funding (opens the original)

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    MSME-focussed lender UGRO Capital has tapped an offshore investor for debt capital, it said. The company has raised Rs 380 crore (around $40 million) in debt from Dutch entrepreneurial development bank FMO. As part of the agreement, UGRO Capital has issued 38,000 senior, secured, rated, listed, redeemable and transferable non-convertible debentures (NCDs) to FMO. UGRO Capital will deploy the proceeds to finance women-owned and women-led SMEs, youth-owned and youth-led SMEs and rural SMEs. The fu

  4. Article · Sep 15, 2026 · By Ajay Ramanathan

    Avendus Wealth hires former Julius Baer exec as CEO (opens the original)

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    Avendus Wealth Management has appointed former Julius Baer executive Umang Papneja as its executive vice chairman and chief executive officer. In the new role, Papneja will lead Avendus’ wealth business through its next phase of growth, deepen its proposition for founders, corporate houses and family offices, the firm said in a press note. Papneja had stepped down as Julius Baer’s India head in May “to pursue other opportunities”. Previously, he has also served as the chief investment officer at

  5. Article · Sep 14, 2026 · By Ajay Ramanathan

    Satin Creditcare’s alternative investment arm makes maiden bet (opens the original)

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    Satin Growth Alternatives Ltd, the alternative investment subsidiary of Satin Creditcare Network Ltd (SCNL), has made its first investment through its Category-II alternative investment fund (AIF). The fund has invested Rs 5 crore (around $522,733) in Indic Wisdom, a manufacturer and distributor of traditionally crafted food products, including wood-pressed oils and value-added products derived from native Indian oilseeds, according to an exchange filing. The investment comprised a combination o

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