StartupMonkStartupMonk
Z

Z47 (Matrix Partners India)

VCChecked against official siteLast checked 11 Oct 2026
Visit website
Type
VC
Stages
Seed, Series A, Series B, Growth
Cheque size
$500K – $50M
Fund size
AUM $3.5Bn (as stated)
Based in
Mumbai, Bangalore
Founded
2006

About

India-focused investor, rebranded from Matrix Partners India in 2024, partnering with founders from seed to growth stage.

Investment thesis: We seek exceptional founders building large outcomes in India, with a particular focus on seed and early-stage technology companies.

What they invest in

Sectors

Fintech and financial servicesEnterprise SaaS and AIConsumer brandsConsumer TechFrontier techB2B commerce and manufacturing

Team (from their public pages)

  • Avnish Bajaj

  • Rajinder Balaraman

  • Vikram Vaidyanathan

  • Avnish Bajaj

    Founder & Managing Director

  • Tarun Davda

    Managing Director

  • Vikram Vaidyanathan

    Managing Director

Notable investments

Examples shown on z47.com. This is not a complete portfolio.

RazorpayOla ElectricOfBusinessOneCardDailyhuntMoEngageCountry DelightPracto

Similar investors

Lightspeed India

VC

Lightspeed India Partners (LSIP) is an investment advisory entity that operates independently of Lightspeed Venture Partners, investing from seed to late stages with offices in Bengaluru, Delhi and Mumbai.

Nexus Venture Partners

VC

Early-stage investor in tech and AI founders with offices in Bengaluru and Mumbai alongside Menlo Park and San Francisco; $3.2B managed across 8 funds.

Tiger Global Management

VC

Tiger Global is a New York-based investment firm that has been one of the most prolific investors in Indian tech startups. Known for writing large checks at high velocities, Tiger Global has backed over 50 Indian startups including several unicorns across consumer, SaaS, and fintech sectors.

Norwest Venture Partners India

VC

Norwest's India team, based in Mumbai, invests venture and growth equity out of the firm's global funds rather than a separate India fund.