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Malvika Maloo

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How YourNest, Amit Patni Family Office-backed AI startup was valued as it finds strategic buyer

TMT

19 April, 2024

How YourNest, Amit Patni Family Office-backed AI startup was valued as it finds strategic buyer

Early-stage deeptech investor YourNest, Amit Patni’s family office, start-up accelerator VentureNursery and a few other investors have clocked multi-bagger returns ......

B2B marketplace Procmart raises $30 mn in Series B round

TMT

16 April, 2024

B2B marketplace Procmart raises $30 mn in Series B round

ProcMart, a business-to-business marketplace, which counts investors like Sixth Sense Ventures and IndiaMART’s chief executive Dinesh Agarwal amongst its backers, ......

ShareChat snags $49 mn from Temasek, others to step up monetisation plans

TMT

15 April, 2024

ShareChat snags $49 mn from Temasek, others to step up monetisation plans

Google-backed short video platform ShareChat said Monday said it has $49 million (about Rs 409 crore) by issuing convertible debentures to ......

Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig

People

15 April, 2024

Byju's India CEO steps down as founder Raveendran takes hands-on role in rejig

Beleaguered edtech company Byju’s India CEO Arjun Mohan has stepped down, ten months after moving to the company from rival ......

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Deals Digest: Funding activity jumps as NIIF, Warburg sign big cheques

Finance

12 April, 2024

Deals Digest: Funding activity jumps as NIIF, Warburg sign big cheques

The amount of capital raised by local companies from private equity and venture capital firms picked up this week thanks ......

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Early-stage VC Endiya Partners taps domestic LP for third fund

Finance

10 April, 2024

Early-stage VC Endiya Partners taps domestic LP for third fund

Early-stage venture capital firm Endiya Partners, which counts startups such as Darwinbox, Cult.fit, Kissht and Ekincare among its portfolio companies, ......

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EQT-controlled Indium Software plans tuck-in acquisitions to sustain growth

TMT

10 April, 2024

EQT-controlled Indium Software plans tuck-in acquisitions to sustain growth

Indium Software, which became a part of Hong Kong-based EQT Private Capital Asia’s portfolio recently, aims to sustain a high ......

Former Netmagic CEO's new venture secures biggest seed round in over a year

TMT

10 April, 2024

Former Netmagic CEO's new venture secures biggest seed round in over a year

Entrepreneur Sharad Sanghi, who started one of India’s largest datacentre solutions companies Netmagic and sold it to Japanese telecom giant NTT, has ......

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How India's top-funded startups curbed cash burn as VC funding slowed

TMT

09 April, 2024

How India's top-funded startups curbed cash burn as VC funding slowed

India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......

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Nexus to exit 15-year-old technology bet via secondaries deal

TMT

08 April, 2024

Nexus to exit 15-year-old technology bet via secondaries deal

Multi-stage alternative investment firm Nexus Venture Partners has managed to score an exit from an Indian technology company it first ......