Matrix Partners India

Founded 2006
Founders Avnish Bajaj Rishi Navani

Overview

Unlock datapoints

Portfolio analytics

Team

Investments

News & Media

Add fund to favorites
info
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 142
Average round size
info
The average size of a deal this fund participated in
$15M
Portfolio companies 89
Rounds per year 9.47
Lead investments 54
Follow on index
info
How often the fund supports its portfolio startups at next rounds
0.39
Exits 8
Key employees 5
Stages of investment
Early Stage Venture
Late Stage Venture

Areas of investment

  • Internet
  • E-Commerce
  • Financial Services
  • FinTech
  • Apps
Summary

Matrix Partners India is the famous VC, which was founded in 2006. The leading representative office of defined VC is situated in the Mumbai. The fund was located in Asia if to be more exact in India.

The fund is generally included in 7-12 deals every year. Deals in the range of 10 - 50 millions dollars are the general things for fund. The higher amount of exits for fund were in 2019. Comparing to the other companies, this Matrix Partners India performs on 24 percentage points less the average number of lead investments. Considering the real fund results, this VC is 28 percentage points more often commits exit comparing to other organizations. When the investment is from Matrix Partners India the average startup value is 100-500 millions dollars. The high activity for fund was in 2019.

The fund was created by Avnish Bajaj, Rishi Navani. The overall number of key employees were 5.

For fund there is a match between the country of its foundation and the country of its the most frequent investments - India. Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. Among the most successful fund investment fields, there are SaaS, Mobile. Among the various public portfolio startups of the fund, we may underline Olacabs, Shopclues, Ola Electric

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Matrix Partners India, startups are often financed by Matrix Partners, Sequoia Capital India, Tiger Global Management. The meaningful sponsors for the fund in investment in the same round are Omidyar Network, Kunal Shah, Tiger Global Management. In the next rounds fund is usually obtained by Tiger Global Management, Omidyar Network, Falcon Edge Capital.

Read more

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

GoKwik

E-Commerce
E-Commerce Platforms
Information Technology
Software
$5M07 Sep 2021 New Delhi, Delhi, India

Dukaan®

DIY
$10M05 Sep 2021 Mumbai, Maharashtra, India

AppsForBharat

Apps
Internet
$10M02 Sep 2021 Bangalore, Karnataka, India

OTO Capital

Automotive
$6M31 Aug 2021 Mumbai, Maharashtra, India

Camp K12

Consumer
E-Learning
$12M26 Aug 2021 Gurugram, Haryana, India

Zupee

Apps
Digital Entertainment
Gambling
Gaming
Internet
$30M17 Aug 2021 Gurugram, Haryana, India

Jupiter

Banking
Consulting
Financial Services
Wealth Management
$45M05 Aug 2021 Mumbai, Maharashtra, India

OfBusiness

Financial Services
FinTech
Lending
$160M31 Jul 2021 Gurugram, Haryana, India

And Nothing Else

Food and Beverage
Manufacturing
Nutrition
Snack Food
$5M27 Jul 2021 Mumbai, Maharashtra, India
News
Dukaan Raises $11M in Pre-Series A Funding

– Dukaan is a Bengaluru, India-based platform for merchants with zero programming skills to set up their e-commerce site.
– Company raised $11m in pre-Series A funding round.
– The round was led by 640 Oxford Ventures with participation from Snow Leopard Ventures, Lightspeed Partners, Matrix Partners India, Venture Catalyst, HOF Capital, Old Well Ventures, LetsVenture, 9Unicorns and angels Ritesh Agarwal, and Carl Pei.
– The new investment will be aimed at expanding the company’s business reach and technology efforts.

Zupee Raises $30M in Series B, at Over $500M Valuation

– Zupee from India is an online skill-based gaming platform startup.
– The company closed a $30m Series B funding at over $500M valuation.
– The round was co-led by WestCap Group and Tomales Bay Capital, with participation from Matrix Partners India.
– The new investment will be used to scale efforts through expansion of product portfolio and market reach and hiring of global talent.

Review

  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Coinvestors
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Matrix Partners India?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

Wait!
You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: