Wednesday, 24 May, 2023

Matrix Partners Expands India Fund, Raises $525 Million for Tech Investments

Matrix Partners, a venture capital firm, announces the expansion of its India fund with an additional $525 million in capital. The increased fund size demonstrates Matrix Partners' continued commitment to investing in the Indian tech ecosystem. With the additional funds, the firm aims to support promising startups and fuel their growth and innovation. This development signals a positive outlook and strong investor interest in India's thriving technology sector.