Malvika is a senior correspondent at VCCircle. She writes about India's bustling startup ecosystem and the investors fueling it.
Manufacturing
Apparel maker SP Apparels to acquire Bannari Amman's intimate wear arm
Apparel manufacturer SP Apparels has agreed to acquire textile company Bannari Amman Spinning Mills’ intimate wear ......
General
Deals Digest: Funding activity back below $100 mn this week
Investment activity by private equity and venture capital-backed lowered significantly this week, with the total value ......
TMT
Byju's hits back at investors, says they can't vote CEO out
Beleaguered edtech firm Byju's, whose major investors called for an extraordinary general meeting seeking changes ......
TMT
Bottomline: Lightrock-backed axio's FY23 revenue doubles but losses widen too
Non-banking lender axio, which counts Lightrock, Amazon, Elevation Capital, Sequoia Capital and Ribbit Capital amongst ......
TMT
Fidelity slashes Meesho's valuation for second time in a quarter
Massachusetts-based Fidelity Investments, an asset management company that has invested in several publicly listed as ......
Healthcare
Kedaara Capital hires former Lakme exec to build consumer healthcare platform
Mumbai-based private equity major Kedaara Capital has hired a former Lakme executive to build its consumer healthcare ......
TMT
Byju's seeks to raise $200 mn to service immediate liabilities
Edtech player Byju's is looking to raise $200 million from its existing equity investors through a rights issue it ......
Infrastructure
Swiss impact investor responsAbility to invest in BluSmart
Switzerland-headquartered impact investor responsAbility will invest up to $25 million (Rs 207 crore) in electric ......
Infrastructure
I Squared-controlled Polaris lands $625 mn smart metering contract
Polaris Smart Metering, a company controlled by global private equity firm I Squared Capital, has secured two smart ......
Finance
Pidilite Ventures' Sanket Parekh on focus areas and why it won't raise external capital
Pidilite Industries set up its corporate VC arm Pidilite Ventures in 2021. Since then, Pidilite Ventures has invested in......
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