
Matrix Partners invests in education-services firm
Maharana Infrastructure and Professional Services Private Limited (MIPS) has received INR50 crore ($11.3 million) from Matrix Partners India in its first round of institutional funding, making Matrix its sole investor.
As part of the deal, Matrix India's Director Amit Kapoor joins the board of MIPS, an integrated services provider to higher education institutes in North India. The company is a part of the MPGI group,...
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