Malvika is a senior correspondent at VCCircle. She writes about India's bustling startup ecosystem and the investors fueling it.
TMT
Swiggy valuation cut again, now less than half its peak $10.7 bn tag
A US-based public markets investor has again cut its estimate of Indian food delivery unicorn Swiggy's valuation ......
People
Warburg-backed Capillary Tech elevates two senior execs to co-founders
Software-as-a-service startup Capillary Technologies on Monday said it has elevated two of its senior executives to the ......
Consumer
Nykaa's Q1 net profit growth slows year-on-year; EBITDA, topline rise
Online beauty and personal care (BPC) retailer Nykaa’s profit for the first quarter of FY23 slowed to 8% against 45.5......
General
Deals Digest: Big-ticket deal lifts funding value this week
Private equity and venture capital funding rose marginally in the week gone by, primarily owing to one big-ticket ......
Finance
Zerodha to pump additional $121 mn into startup fund
Online broking unicorn Zerodha has committed Rs 1,000 crore ($120.9 million) for its startup fund Rainmatter in a ......
TMT
Ola doubles revenue in FY22, but losses widen too
Cab aggregator Ola, one of the worst-hit startups in India during Covid-19 pandemic, doubled its revenue in the ......
Manufacturing
Carlyle strikes engineering services bet, invests in Quest Global
Private equity giant Carlyle Group has picked up a significant minority stake in engineering services provider Quest ......
Finance
Sixth Sense Ventures, two other PE funds make BFSI bet
Sixth Sense Ventures, a consumer sector-oriented venture capital firm run by Nikhil Vora, has quietly invested in a ......
Finance
Indegene, Mamaearth parent get SEBI approval for IPO
Private equity and venture capital-backed firms Indegene, a pharma player and skincare brand Mamaearth’s parent Honasa......
TMT
Zomato reports first-ever net profit on back of tax credit
Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......
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