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Malvika Maloo

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Deals Digest: Funding momentum slows in Budget week, lowest in six months

General

26 July, 2024

Deals Digest: Funding momentum slows in Budget week, lowest in six months

The venture capital and private equity deal momentum took a blow this week, breaching the $100 million mark, recording the ......

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PE firm Creador set to bag cheque from returning LP

Finance

25 July, 2024

PE firm Creador set to bag cheque from returning LP

Mid-market private equity firm Creador, which focuses on investments in South and Southeast Asia, may get an institutional investor to ......

Urban Company turns operationally profitable, set to cross Rs 1,000 crore revenue in FY25

TMT

24 July, 2024

Urban Company turns operationally profitable, set to cross Rs 1,000 crore revenue in FY25

Prosus-backed Urban Company, which provides homes services, said Wednesday it turned operationally profitable in the quarter ended June 30, 2024.  Urban ......

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Former defence secretary-floated MountTech Growth hits first close of maiden fund

Finance

24 July, 2024

Former defence secretary-floated MountTech Growth hits first close of maiden fund

MountTech Growth Fund, a venture capital firm launched by India’s former defence secretary Ajay Kumar, has achieved the first close ......

Tiger Global-backed Captain Fresh makes third acquisition of this year

Consumer

24 July, 2024

Tiger Global-backed Captain Fresh makes third acquisition of this year

Business-to-business seafood provider Captain Fresh, which secured $25 million (Rs 209 crore) in funding this year, has agreed to buy ......

Budget 2024: Govt to set up VC fund for space sector

TMT

23 July, 2024

Budget 2024: Govt to set up VC fund for space sector

The Indian government plans to set up a venture capital fund with a corpus of Rs 1,000 crore (about $120 ......

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Deals Digest: Funding momentum slows but deal volume goes up this week

General

19 July, 2024

Deals Digest: Funding momentum slows but deal volume goes up this week

Capital raised by startups was a tad bit lower than last week even as the volume of total funding deals ......

Nazara Technology buys out promoters in Paper Boat, raises stake to 100%

TMT

19 July, 2024

Nazara Technology buys out promoters in Paper Boat, raises stake to 100%

Listed gaming firm Nazara Technology Friday said it has bought additional 48.42% stake in Paper Boat Apps Pvt Ltd, making ......

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Germany's Nemetschek Group to float India-focused fund

Finance

17 July, 2024

Germany's Nemetschek Group to float India-focused fund

Germany-headquartered Nemetschek Group, which sells software solutions for architecture, engineering, construction, media and entertainment industries, is set to launch a ......

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Bottomline: mPokket has got figures to flaunt, but with slight uptick in bad loans

Finance

17 July, 2024

Bottomline: mPokket has got figures to flaunt, but with slight uptick in bad loans

Kolkata-based microlending app mPokket had seen its profit halve in the financial year ended March 2023, despite doubling of income. The ......