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Matrix Partners India: Bengaluru Office Opening

Bengaluru, India – May 08, 2015: Matrix Partners India today has announced the opening of its Bengaluru office in Indira Nagar. Vikram Vaidyanathan will be relocating to lead the team at the Bengaluru office. “With the opening of our Bengaluru office, we are privileged and excited to work alongside the exceptional entrepreneurial ecosystem here. We are also establishing a free entrepreneur space for startups to ideate and develop their business. We plan to host a few events at this space and request domain experts in the ecosystem to partner with us to organize events that help very early entrepreneurs and startup enthusiasts”, said Vikram Vaidyanathan, Managing Director, Matrix India. About Matrix Partners India: Matrix Partners India is an investment firm with INR 3,000 crore under management. The firm invests in companies targeting the Indian consumer market at the seed, early and early growth stages. The firm has invested in several market leading companies including LimeRoad (mobile social commerce marketplace), Mswipe (mobile POS), Newshunt (mobile local language platform), Ola (cab marketplace), Practo (marketplace for doctors), Quikr (online classifieds), Stayzilla (stays marketplace), Tiny Owl (food ordering) and Woo (social matchmaking), among others. Matrix Partners has a global network of funds investing in the US, China and India with US $3 billion under management. Further information is available at www.matrixpartners.in

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