Matrix Partners India, a venture capital firm, recently raised $517 million for its fourth fund, exceeding its original target of $450 million. This fund was done through regulatory filings with the U.S. Securities and Exchange Commission and is currently looking to raise a total of $525 million. matrix Partners India has invested in Indian startups like Ola and RazorPay. This additional funding will help them to further expand and support the ever-growing ecosystem of startups in India.
Matrix Partners India is a company that provides the necessary risk capital and knowledge support to startup founders. It was founded in 1981 and has offices located in Bangalore, Mumbai, Beijing, Shanghai, and SanFrancisco. The company focuses on investing in early, growth, public, and late stage companies. This new funding will help them to continue to invest in innovative startups and provide them with guidance and resources.
In the venture capital scene, Rutvik Doshi is a renowned name. He is a Partner at Matrix Partners India. He has a successful career in venture capital and has closed deals worth over $1 billion. Rutvik has been a part of transactions like sale of Myntra to Flipkart, sale of Little Eye Labs to Facebook, and sale of WebEngage to Zendesk. His expertise in venture capital, investing and technological show that he is the perfect person for a venture capital firm.