Matrix Partners
Sequoia leads $10m investment in MoboTap
Sequoia Capital led a $10 million Series A round of financing into US- and China-based mobile browser developer MoboTap, marking the venture capital firm’s first investment in a mobile browser. Matrix Partners also participated in the funding.
Tencent pays $115m for 15% stake in Chinese software company
Chinese software company Kingsoft has agreed to sell a 15.68% stake to leading internet platform Tencent for HK$892 million ($115 million). Tencent will also invest $20 million in Kingsoft’s internet security subsidiary, which counts Matrix Partners...
Matrix Partners, Capital Today invest in Ihush.com
Shanghai-based e-retailer Ihush.com has received $43 million in venture capital funding from Matrix Partners China and Capital Today, China Business News reported.
Matrix Partners closes second China and India funds
Global venture capital firm Matrix Partners China and India have both closed their second funds, the Matrix Partners China II and Matrix Partners India II, with investment corpuses of $350 million and $300 million for the China and India vehicles, respectively.
Matrix India invests in water company
Matrix Partners India has recently announced that it has invested INR60 crore ($13.5 million) as the sole investor in the first institutional round of funding of Chetas Control Systems Private Limited (Chetas).
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.
Qihoo 360 to list in the US
Venture-backed PRC internet site Qihoo 360 Technology Co Ltd, plans to be listed in the US and is aiming to raise up to $200 million in a debut on the NYSE. Established in 2005 in Beijing, the China-based company – which claims to be the third most...
Matrix Partners hands $11.3 million to Centre for Sight
Matrix Partners has invested INR50 crore ($11.3 million) in New Delhi-based eyecare specialist Centre for Sight, enabling the hospital chain to expand its operations across India via acquisitions and the launch of new facilities.
Matrix boosts Muthoot Finance pre-IPO commitment
Matrix Partners India has invested a further INR25 crore ($5.6 million) in a pre-IPO commitment into leading Indian non-bank financial company Muthoot Finance Ltd., following its earlier joint INR157 crore ($33.6 million) investment with Baring Private...
Muthoot raises $9.2 million from Kotak as part of second funding round
One month after Indian non-bank financial company Muthoot raised INR157 crore ($33.6 million) from Baring Private Equity Partners India and Matrix Partners India as part of its first institutional funding round, the company has now garnered an additional...
Baring India, Matrix back Muthoot Finance
Baring Private Equity Partners India and Matrix Partners India have jointly committed some INR157 crore ($33.6 million) to Muthoot Finance Ltd., a leading Indian non-bank financial company, in its first institutional funding round.
Two for Foundation in India education with Tree House, Aspire deals
US early stage fund Foundation Capital has led two new Series B investment rounds in India: an $8.8 million commitment to education company Tree House Education and Accessories, with Matrix Partners India, and a $4.5 million round for education and HR...
Matrix invests Bhartiya Samruddhi Finance
Matrix Partners India has participated in a $26.6 million investment round into Bhartiya Samruddhi Finance Ltd. (BSFL), a microfinance and livelihood promotion business founded by social entrepreneur Vijay Mahajan.
Norwest, Matrix invest Quikr
Norwest Venture Partners and Matrix Partners India have led a $6 million third investment round into leading Indian online classified ads portal Quikr.com, in partnership with Omidyar Network and eBay Inc.