Matrix Partners
India's education sector: Learning curve
There is no shortage of demand for services or investment opportunity in India’s education sector, but negotiating overcrowding and heavy regulation requires a clear strategy
High-profile angel investors back Australian start-up Canva
Australian online design start-up Canva has attracted $3 million in seed funding from a group of high-profile angel investors, including Adrian MacKenzie, who left his position as head of CVC Capital Partners’ local operations late last year.
China’s Beisen gets Series B funding from Matrix, Sequoia
Beisen, a Chinese supplier of HR evaluation and testing tools and services, has received $10 million in Series B funding from Matrix Partners and Sequoia Capital. It comes three years after the company’s first-round of financing, which saw Shenzhen...
IDG Ventures targets $175m for second India fund
IDG Ventures India is targeting $175 million for its second India-focused fund. The predecessor vehicle raised $150 million in 2007.
Avigo, Matrix back Indian education group
Avigo Capital and Matrix Partners India have invested INR1 billion ($18.7 million) in education service provider Maharana Infrastructure and Professional Services (MIPS)
Matrix Partners India invests in Mswipe
Matrix Partners India has led the first institutional round of funding in Mswipe Technologies, a mobile payment services provider based in Mumbai.
VCs and mobile internet: The race to stay relevant
Venture capital investors targeting the mobile and social media space are only as good as their understanding of the consumer habits and technologies that underpin industry trends
New Zealand’s Xero raises $49m from Valar, Matrix
New Zealand-based online accounting software company Xero has raised NZ$60 million ($49 million) in new capital from US VC firms Valar Ventures and Matrix Capital Management. Valar is backed by Peter Thiel, best known for his early investments in PayPal...
Matrix India invests in Mewar Orthopaedic
Matrix Partners India has taken a minority stake in specialty healthcare provider Mewar Orthopaedic Hospitals for an undisclosed amount as part of a Series A round of investment.
Matrix, Lightspeed invest $5m in India's LimeRoad
Matrix Partners and Lightspeed Venture Partners have invested $5 million in Series A funding for LimeRoad.com, a social commerce site aimed at women in India.
CLSA Capital Partners invests $15m in India's Earth Water
CLSA Capital Partners (CLSA CP) has invested $15 million for a 20% stake in New Delhi-based Earth Water Group (EWG), a water and wastewater management company.
Qualcomm Ventures backs Dolphin Browser Series B round
Qualcomm's venture capital arm has participated in the Series B funding round of Dolphin Browser, a Chinese-made mobile browser.
Matrix India sets up seed program
Matrix Partners India has established a new program to support entrepreneurs at the seed phase in the internet and mobile sectors across multiple stages of their businesses.
Warburg Pincus leads $32m round for Quikr
Warburg Pincus has led a $32 million investment round for India’s largest horizontal classifieds platform, Quikr. Existing venture backers Matrix Partners India and Norwest Venture Partners (NVP) also subscribed to the round.
Mandala Capital in JV with Australia’s Water Resources Group
Mandala Capital, a South Asia private equity firm that invests in the agricultural sector, has entered into a joint venture with Australia’s Water Resources Group that will target the desalination opportunities in India, Pakistan, Sri Lanka and Bangladesh.
Matrix and Greylock boost Chinese app developer with $15m
Matrix Partners China and Greylock Partners have subscribed to a $15 million Series B round of funding for the company behind Chinese mobile application Flights Manager.
Matrix injects $4m in Waterlife India
Matrix Partners India has invested INR220 million ($4.2 million) in drinking water supplier Waterlife India.
WI Harper, Matrix back game developer SNS Plus
WI Harper and Matrix Partners have co-led a $4 million round of funding for SNS Plus, an Asia-focused gaming company. SNS Plus has published more than 60 games on Facebook and a further 15 on other social networking platforms.
Matrix India invests $12m in womenswear firm
Matrix Partners India has invested INR600 million ($12 million) in domestic womenswear brand TCNS Clothing, marking the company’s first institutional round of funding.
Matrix invests in Indian mobile app developer U2opia
Matrix Partners India has invested an undisclosed sum in handset application developer U2opia Mobile, marking the company's first round of institutional funding.
Investors in the dark on Indonesian bank ownership
Indonesia’s status as the most foreigner-friendly banking sector is under threat. One month after regulators announced plans to restrict overseas ownership, stakeholders are still waiting for a resolution
PE-backed Muthoot Finance seeks to raise $218m
Muthoot Finance, India’s largest gold-loan non-banking finance company (NBFC) plans to raise INR10 billion ($218 million) through the issue of listed retail non-convertible debentures (NCDs). It would follow four rival NBFCs, including Mannapuram Finance...
Matrix commits $9.9m to Kids Clinic India's Series A round
Matrix Partners India has committed INR450 million ($9.9 million) as the sole institutional investor in Kids Clinic India Private Limited, a Bangalore-based provider of maternity and infant care services. The immediate goal is to enlarge the company’s...
China considers more tax breaks for VC firms that back SMEs
China’s State Administration of Taxation may offer more tax incentives to venture capital firms that invest in small- and medium-sized enterprises (SMEs), China Securities Journal reported, citing unnamed sources.