HomeInsightNews & UpdateMatrix Partners India announces Fund IV

Matrix Partners India announces Fund IV

Leading India-focused venture capital firm Matrix Partners India announced the completion of its most recent fund with over $550 million in commitments.
Team Matrix Partners India

Leading India-focused venture capital firm Matrix Partners India announced the completion of its most recent fund with over $550 million in commitments.

India, the 5th largest economy in the world with $3.5 trillion GDP, is expected to rise to $10 trillion over the next decade. India’s digital GDP is expected to reach $2–3 trillion in this era due to its world-class digital infrastructure, constructed and scaled by government and startups. Founders can build disruptive enterprises, a lasting legacy, and value for all stakeholders in this macro environment.

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With the new fund, Matrix Partners India will continue to follow its existing “founders first” investment strategy of backing exceptional founders in their effort to build category-defining companies. The firm will continue to focus on seed, early, and early growth stages across sectors and has already been investing from the new fund.

The Matrix team thanks all founders for the privilege of their partnership that drives the firm and looks forward to expanding this community. The team remains invested, excited, privileged, and grateful to participate in the digital nation-building of India.

Matrix Partners India has also expanded its physical presence and team in NCR with a new address in Gurugram as it seeks to support and participate in one of India’s most thriving start up ecosystems.

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About Matrix Partners India

Founded in 2006, Matrix Partners India invests in companies targeting the Indian consumer and enterprise market, and has invested in several category-leading companies such as Dailyhunt (Local language platform), Five Star Business Finance (SME Lending), OfBusiness (B2B commerce, fintech), Ola (Mobility), Ola Electric (Electric Vehicles), OneCard (Mobile-first credit card), Oxyzo (Tech-enabled smart financing), Razorpay (Payments), Captain Fresh (B2B seafood marketplace), Country Delight (D2C dairy & fresh foods brand), GoKwik (E-commerce enablement platform), Jupiter (Neobank), MoEngage (Customer engagement platform), Mswipe (Mobile POS), Stanza Living (Tech-enabled student housing platform) and Zupee (Skill-based gaming) among others. Matrix Partners India has advisory offices in Bangalore, Delhi and Mumbai.

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