Malvika Maloo

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

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Eruditus' Damera on scrapping $350 mn funding, breaking even and more

TMT

09 May, 2023

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing ......

Manufacturing

08 May, 2023

Tiger Global-backed Groyyo nears $200 mn revenue rate, hits breakeven

Business-to-business (B2B) manufacturing and automation startup Groyyo is nearing a $200 million revenue rate, closing ......

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TMT

27 April, 2023

Greater Pacific Capital ropes in LP as co-investor for edtech bet

Greater Pacific Capital (GPC), a London-headquartered private equity firm, has roped in one of its limited partners (LPs......

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Finance

26 April, 2023

Elevation Capital charts course for $600 mn India exit

Multi-stage investment firm Elevation Capital (formerly SAIF Partners) has firmly pressed the sell button on one of ......

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Finance

25 April, 2023

Iron Pillar's Prasanna on investing in a downturn and why LPs need more convincing

Growth-stage venture capital firm Iron Pillar, which is a backer of startups such as FreshToHome and Uniphore, recently ......

TMT

25 April, 2023

Japanese VC, Sony fund sign Series B cheque for hyperlocal content startup Lokal

Hyperlocal content platform Lokal said Tuesday it has raised Rs 120 crore ($14.7 million) from Global Brain Corporation ......

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General

21 April, 2023

Deals Digest: Funding activity drops to lowest in seven weeks

Funding winter seems to be getting harsher for Indian startups, with deal activity breaching the $100 million ......

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Finance

21 April, 2023

We have a high-risk portfolio but we are okay with it: Sharrp Ventures' Rishabh Mariwala

Sharrp Ventures, the family office of Marico founder Harsh Mariwala, has made 38 investments in the country, including ......

TMT

20 April, 2023

Temasek-backed Open lays off staff, slashes founders' salaries

Singapore state investor Temasek-backed fintech unicorn Open has laid off 47 employees, joining a long list of startups ......

TMT

19 April, 2023

Goldman Sachs-backed InsuranceDekho makes second bet in two weeks

InsuranceDekho, the insurance arm of used-car platform CarDekho, has made its second acquisition in less than two weeks......