- Logistics Startup LoadShare Raises $5 Mn Series A Funding From Stellaris, Matrix Partners Bengaluru-headquartered logistics startup LoadShare has raised around $5 Mn (INR 32 Cr) in Series A funding led by Stellaris Venture Partners. Existing investor Matrix Partners also participated in the round. According to reports, the newly-secured capital will enable LoadShare to strengthen its leadership team and bolster its tech infrastructure, while also expanding its geographical footprint […]
- Mumbai Based Blockchain Startup Elemential Raises Funding Led By Matrix Partners Mumbai-based blockchain startup Elemential has successfully raised Seed funding, led by Matrix Partners India. The funding round also saw the participation of Amrish Rau, Investopad, Digital Currency Group, Hinduja Group, Lightspeed India, Eight Innovate, Amit Ranjan, Prashant Malik and other prominent angel investors. This round also marks the formation of AngelList first Syndicate in India which was launched […]
- Razorpay Raises $20 Mn Series B Funding From Tiger Global And Y Combinator After raising an undisclosed amount of funding in a venture round from Mastercard in 2016, digital payments startup Razorpay has closed its Series B funding round of $20 Mn. The round was led by existing investors Tiger Global and Y Combinator; the Series B funding also saw the participation of Matrix Partners. In 2015, Razorpay […]
- Video Sharing Platform Clip Raises $6 Mn Series A Funding Led By Matrix Partners Bengaluru-based video sharing startup Clip App has raised $6 Mn in its Series A funding round led by Matrix Partners India. Existing investors Shunwei Capital and India Quotient also participated in the round. Speaking to Inc42, co-founder Nav Agrawal stated that the startup plans to use the proceeds majorly for growth and team building. He […]
- Gaja Capital Leads $13 Mn Funding Round In Lifestyle Brand Chumbak Design-led lifestyle brand Chumbak has reportedly secured $13.1 Mn (INR 85 Cr) in a round of funding led by mid-market private equity firm, Gaja Capital. The round also saw the participation of existing backers, Matrix Partners India and Seedfund. Narayan Ramachandran, Operating Partner at Gaja Capital, also joined the funding round in Chumbak. According to […]
- Stanza Living Raises $2 Mn Funding From Matrix Partners, Accel New Delhi-based student accommodation platform Stanza Living has raised $2 Mn in funding from investment firms Matrix Partners and California-headquartered Accel Partners. The startup will be utilising the fresh capital to expand its presence in new cities and further develop its technology platform. A portion of the funding will also be spent on talent acquisition. […]
- Quora India Country Manager Gautam Shewakramani On How Quora Aims To Serve Its Second Largest Market Gautam Shewakramani recently took over as the country manager for Quora India. With over 200 Mn unique visitors visiting the Q&A platform that empowers people to share and grow the world’s knowledge, Quora has grown to be a formidable global platform in its own right. This year, Quora became the unicorn of subjective human knowledge […]
- Amit Agarwal Hits Back At Lobby Group Indiatech, Says Amazon India Is As Indian As Any Other Indian Startup While the lobby group Indiatech is busy snapping up biggies like SoftBank on its side to advocate for the interests of Indian startups against issues such as capital dumping by foreign firms, Amazon India does not believe in the ‘unfair play’ argument being propagated by it. Amit Agarwal, Amazon India Head, in a media interview […]
- SoftBank, Kalaari And Matrix Back Indian Consumer Internet Startups’ Lobby Group Indiatech SoftBank, after fueling in the Indian companies such as Flipkart, Ola, OYO and Paytm with billions of dollars this year, has now agreed to back the lobby group Indiatech. Other VCs such as Matrix Partners and Kalaari capital are also supporting Indiatech, led by Flipkart and Ola. Reportedly, SoftBank will provide its financial and strategic […]
- Tarun Davda On Why Matrix Partners Will Always Be A Founders First VC Firm VC firm Matrix Partners inaugurated its Delhi office last month in order to increase its investments in Delhi-based startups. As mentioned by Managing Director, Tarun Davda, in past 18 months, 30-40% of the startups they have been meeting have been based in NCR. The firm is now looking to expand its consumer Internet portfolio as […]
- VC Firm Lightspeed India To Deepen Engagement With Bengaluru Startups; Launching Bengaluru Office Tomorrow VC firm Lightspeed India Partners has opened a new office in Koramangala, Bengaluru. This is Lightspeed’s second office in India after Delhi. The announcement was made by Managing Partner Bejul Somaia in a LinkedIn post. The office which will be inaugurated tomorrow reflects the firm’s commitment to deepening its engagement with entrepreneurs in the Bengaluru area […]
- VC Firm Matrix Partners Plans To Increase Investments In Delhi-based Startups; Launching Delhi Office This Week VC firm Matrix Partners India will increase its investments in Delhi-based startups in order to expand its consumer Internet portfolio as well as serve what it believes is an underserved market by investors. In this direction, Matrix Partners will also launch its Delhi office this week and has moved three of its investors there. Matrix […]