Rahul Chaudhary, the co-founder of budget hospitality chain Treebo Hotels, has joined VC fund Matrix Partners India, an early startup investor.
“Let’s see what this VC thing is all about then. Excited to be joining the team at Matrix Partners. Hoping to be the kind of investor I’ve respected as a founder—Honest, Empathetic, and All-in,” Rahul wrote in a Twitter post.
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At the low-cost hotel aggregator he cofounded in 2015 with Sidharth Gupta and Kadam Jeet Jain, Chaudhary had left in June of the previous year and taken on an advising role. He still serves on Treebo Hotels’ board of directors.
Alongside Elevation Capital and Bertelsmann, Matrix Partners was one of Treebo’s earliest financial backers.
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About Matrix Partners India
Matrix Partners India is an investment firm targeting the Indian enterprise and consumer market at the seed, early and early growth stages. Following a “foundersfirst!” philosophy, the firm invests in entrepreneurs across sectors, and is personally committed to helping build world-changing companies. Ola, Quikr, Practo, Dailyhunt, Mswipe, FiveStar and Treebo are few of the companies that Matrix has invested in and continues to partner closely with.
Matrix Partners India was established in 2006, with offices in Mumbai, Bengaluru and Delhi, and currently manages over $1 billion. Matrix Partners has a global network of funds investing in the US, China and India with $5 billion under management.
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