About Matrix Partners India
Matrix Partners India is an investment firm with INR 1,500 crores under management. The firm invests in companies targeting the Indian domestic market with a sector independent investment strategy focused on generating exceptional returns. The firm invests up to INR 125 crores in a company depending on its stage of development and has invested in several companies including FIITJEE, Itzcash Card, and Tree House. The Mauritius fund's investors include university endowments and family foundations. Matrix Partners has a global network of funds investing in the US, China and India with $2 billion under management.
Matrix Partners India Headquarter Location
Ceejay House #306 Annie Besant Road, Worli
Mumbai, 400 018,
Latest Matrix Partners India News
Jan 18, 2022
Former Matrix Partners India’s Vice President Ankush Goyal incorporated a new entity DSLR Technologies in December to launch a fashion platform with layers of social commerce, according to the company’s regulatory filings. Before starting up, Goyal led investments in the e-commerce space for Matrix Partners – including DealShare which is a Tiger Global and WestBridge Capital funded grocery company in the social commerce space. On the lines of Shein, DSLR’s consumer-facing platform will focus on women and weed out middlemen by connecting consumers directly with manufacturers or brands, said two of Entrackr’s sources aware of the company’s roadmap. “Goyal is building a content plus commerce platform for a mass premium audience. Apart from fashion, it would also cater to categories such as home decor and accessories,” said the second source who also wished not to be named. With this move, Goyal will join the likes of Myntra’s former chief executive Amar Nagaram who is all set to float a customized platform for fast fashion. Nagaram is also finalizing a $25-30 million worth seed round at a valuation of about $100 million. Customer to manufacturers (C2M) platforms such as Cider, Italic and several others have gained ground in the US whereas Shien has managed to establish itself in the MENA and other global regions. “On similar lines, DSLR will focus on women and weed out middlemen by connecting consumers directly with manufacturers across categories”, said two of Entrackr’s sources aware of the company’s roadmap Queries sent to Goyal, Matrix and Accel didn’t elicit any immediate response. We will update the story as and when they respond. Unlike the 2010-14 period when several startups including Zovi, YepMe, Voonik and Freecultr flooded the online fashion market, the fast forward fashion space in India hasn’t seen any notable startups in the past six to seven years. This may change with DSLR and Nagaram’s new venture.
Matrix Partners India Team
6 Team Members
Matrix Partners India has 6 team members, including current Founder, Managing Director, Avnish Bajaj.