Malvika Maloo

Malvika is a senior correspondent at VCCircle. She writes about India's bustling startup ecosystem and the investors fueling it.

Premium
Swiggy valuation cut again, now less than half its peak $10.7 bn tag

TMT

16 August, 2023

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

16 August, 2023

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

11 August, 2023

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......

Premium

General

11 August, 2023

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

10 August, 2023

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

10 August, 2023

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

08 August, 2023

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 ......

Pro

Finance

03 August, 2023

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

03 August, 2023

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

03 August, 2023

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 ......