matrix partners india

Ola founder’s Krutrim becomes India’s first AI unicorn

Krutrim, an AI startup founded by Ola founder Bhavish Aggarwal, said it has raised a funding round that values it at $1 billion. The startup, founded last year, is the fastest to become a unicorn in I

Emtech to advance its regtech and CBDC stack solutions with $4M led by Matrix Partners India

Emtech, an African provider of central banking infrastructure, introduced its Central Bank Digital Currency (CBDC) Innovation kit last month. The kit caters to fintechs and financial service providers

Matrix Partners expands new India fund to $525 million

Matrix Partners India has extended the target size for its current fund to $525 million, from the $450 million it disclosed earlier, joining a burgeoning roster of venture capital funds intending to d

Matrix Partners is raising $450 million for new India fund

Matrix Partners India is raising $450 million for its fourth India fund, doubling down on the South Asian market where scores of investors including Sequoia, Lightspeed, SoftBank, Elevation, Accel, Al

100ms secures $20M to power next generation of live video apps

Live video conferencing infrastructure startup 100ms, based in India and the U.S., has raised $20 million in Series A funding to power the next generation of live video apps, coming barely five months

India’s Bijnis lands $30 million to help manufacturers build digital identity and sell to retailers

The proliferation of affordable and fast mobile data allowed hundreds of millions of Indians to come online for the first time in the past decade. But there are scores of areas in the South Asian nati

India’s OneCard credit card-maker FPL Technologies lands $10 million

A 20-month-old startup in India founded by a group of banking veterans that has built a mobile-first credit card and is improving the experience users have with credit cards has secured $10 million in

Investors, startup founders in India pool $13M to fund projects that fight coronavirus

More than 150 investors and entrepreneurs in India are funding dozens of projects in a bid to help millions better combat the COVID-19 epidemic and help the nation’s booming startup ecosystem withst

MoEngage lands $25M for its mobile-first customer engagement platform

MoEngage, a San Francisco and Bangalore-based startup that helps firms better understand their customers and improve their engagement, has raised $25 million in a new financing round as it looks to gr

8-month-old startup FPL Technologies raises $4.5M to improve credit card experience in India

An eight-month-old startup in India that wants to improve the user experience of credit card holders in the nation has received the backing of at least two major investors. Pune-based FPL Technologies

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the count

Matrix India announces new $300M fund

Matrix Partners India, one of India’s highest-profile tech VCs, is loading up for new deals after it announced a new $300 million fund for early-stage investments. This is the third fund for the

India’s Treebo raises $34M for its budget hotel network

Treebo Hotels, one of the most prominent members of India’s emerging budget hotel networks, has closed a $34 million Series C round. The deal was led by new backers Ward Ferry Management and Ka

LimeRoad, A Fashion Scrapbooking Site Based In India, Scoops Up $30M Series C

LimeRoad, a New Delhi-based site that lets users create and share collages of fashion product, announced today that it has raised a $30 million series C led by Tiger Global, with participation from Li