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Matrix Partners India

Venture CapitalActive

Matrix Partners India was established in 2006. Led by General Partners Avnish Bajaj and Rishi Navani.

Mumbai, IndiaFounded 2006matrixpartners.in/
116
Investments
10
Exits
$2B
AUM
8.6%
Exit Rate

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Investment Thesis & Strategy

Matrix Partners India invests in various stages of companies across various industries, with a focus on companies led by strong founders.

Investment Activity

Deals per year over the last 6 years

1
2016
2
2017
2
2018
4
2019
2
2020
1
2021

Portfolio Companies

Selected investments from their portfolio of 116 companies

M
Mensa Brands
E-commerce · Series B, 2021
Active
O
OneCard
Fintech · Series B, 2020
Active
J
Jupiter
Fintech · Series A, 2020
Active
B
Bijnis
E-commerce · Series A, 2019
Active
O
Ola Electric
Transportation · Series B, 2019
Active
G
GoMechanic
Marketplaces · Series B, 2019
Active
D
DealShare
E-commerce · Series A, 2019
Active
O
Open
Fintech · Series A, 2018
Active
C
Country Delight
Food & Beverage · Series A, 2018
Active
D
Darwinbox
SaaS · Series A, 2017
Active
L
Licious
Food & Beverage · Series A, 2017
Active
O
OfBusiness
Enterprise · Series A, 2016
Active

Notable Exits

CompanyTypeYearValue / Acquirer
OlaIPO2024
RazorpayIPO2024
DailyhuntAcquisition2023
OfBusinessIPO2023
Ola ElectricIPO2023
Five Star Business FinanceIPO2023
MoglixIPO2023
ChargebeeAcquisition2023
Country DelightIPO2023
GoMechanicAcquisition2023

Frequently Asked Questions

Matrix Partners India focuses on Series A, Series B, Series C+ stage investments.

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