Skip to content

MATRIX PARTNERS INDIA MANAGEMENT, LLC

MATRIX PARTNERS INDIA MANAGEMENT, LLC is a Seed, Series A, Series B and Series C+ fund in India and South Asia writing $1M–$20M checks into AI, Consumer, Enterprise, Fintech, e-commerce, logistics, mobility, edtech, consumer-brands, frontier-tech, b2b-commerce and manufacturing.

Stages
Seed, Series A, Series B, Series C+
Sectors
AI, Consumer, Enterprise, Fintech, e-commerce, logistics, mobility, edtech, consumer-brands, frontier-tech, b2b-commerce, manufacturing
Check size
$1M–$20M
Invests in
India, South Asia
Actively investing
Yes
Founded
2006
Assets under management
$5B+

Thesis

Matrix Partners India, now operating as Z47, is an early-stage venture capital firm founded in 2006, focusing on the Indian and South Asian startup ecosystems. The firm's investment thesis is centered on a 'Founders First' philosophy, emphasizing deep conviction, long-term engagement, and hands-on support. They primarily invest in technology-driven sectors, including SaaS, fintech, e-commerce, logistics, mobility, edtech, AI/ML, consumer brands, consumer tech, frontier tech, and B2B commerce & manufacturing. Their geographic focus is India and South Asia, and they typically invest from the seed stage through early growth stages (Seed to Series B). Matrix Partners India manages substantial assets, with global funds totaling over $5 billion under management across the US, India, and China. Their typical check size per investment deal ranges from $1 million to $20 million, with a sweet spot around $5 million. The firm has a history of managing multiple funds, with 'Matrix Partners India III' being $300 million. The firm is headquartered in Mumbai, India, with offices in Bengaluru and Delhi.

Common questions

Does MATRIX PARTNERS INDIA MANAGEMENT, LLC invest at the Seed stage?

Yes. MATRIX PARTNERS INDIA MANAGEMENT, LLC lists Seed, Series A, Series B and Series C+ among the stages it invests in.

What check size does MATRIX PARTNERS INDIA MANAGEMENT, LLC write?

MATRIX PARTNERS INDIA MANAGEMENT, LLC writes $1M–$20M checks.

Where does MATRIX PARTNERS INDIA MANAGEMENT, LLC invest?

MATRIX PARTNERS INDIA MANAGEMENT, LLC invests in India and South Asia.

Related lists