News for 'Matrix Partner India'

Matrix Partner MD on investment environment

Matrix Partner MD on investment environment

Rediff.com23 Sep 2009

A successful entrepreneur and now an investor, Avnish Bajaj, the managing director of Matrix Partners India, has seen both sides of the investment cycle.

Matrix Partners opens office in Bangalore

Matrix Partners opens office in Bangalore

Rediff.com25 Jan 2005

American venture capital firm Matrix Partners on Tuesday began its operations in Bangalore with an aim to promote 17 of the 27 technology companies it has invested in.

In red-hot AI space, funds for Indian startups cooling down: Traxcn

In red-hot AI space, funds for Indian startups cooling down: Traxcn

Rediff.com11 May 2024

Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.

'The Ceasefire Is A Band-Aid Solution'

'The Ceasefire Is A Band-Aid Solution'

Rediff.com14 May 2025

'It brings precarious peace because the red lines have shifted. 'The next Pahalgam attack would mean a full scale war.'

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Ola Electric likely to drive in IPO at a lower valuation of $4.5 billion

Rediff.com17 Jul 2024

Ola Electric, the SoftBank-backed electric vehicle (EV) maker, is likely to pursue a valuation of approximately $4.5 billion in its upcoming initial public offering (IPO), marking about 18 per cent decrease from its last funding round valuation of around $5.5 billion, according to industry sources. The Bhavish Aggarwal-founded firm aims to file for the IPO by next month, according to people familiar with the matter. "The strategy is to price the IPO attractively for investors, fostering long-term growth and wealth creation," said a source.

200 Yo China outlets in India soon

200 Yo China outlets in India soon

Rediff.com29 Nov 2006

Moods Hospitality Ltd, which runs the Chinese fast food chain Yo China, plans to invest Rs 50 crore (Rs 500 million) by 2010-11 to open 200 more outlets across the country.

Quikr raises Rs 365 crore, valued at Rs 1,800 crore

Quikr raises Rs 365 crore, valued at Rs 1,800 crore

Rediff.com18 Sep 2014

The company has said the funds raised will be used to invest in product development and expansion of its fast-growing mobile business.

VC funds no more only technology-driven

VC funds no more only technology-driven

Rediff.com11 Sep 2008

As the tides of investments change over time, venture capital funds are shifting their focus to businesses related to consumer demand such as education, media and entertainment, food & beverages and alternative energy.

India-Canada Rift: US Is The Only Winner

India-Canada Rift: US Is The Only Winner

Rediff.com18 Oct 2024

'Are we to believe that coordinated moves by the Canadian and US authorities are no longer taking place?', asks Ambassador M K Bhadrakumar.

Ola Electric files for IPO, a first by Indian EV firm

Ola Electric files for IPO, a first by Indian EV firm

Rediff.com26 Dec 2023

The Indian entrepreneurship success story will soon see one more company debuting on the public markets. Ola Electric, the electric vehicle (EV) company, has become the first such firm that has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for its initial public offering (IPO). This is a fresh issue of equity shares of up to Rs 5,500 crore and an offer for sale (OFS) of more than 95 million equity shares at a face value of Rs 10.

Garnett & Helfrich puts India plans on hold

Garnett & Helfrich puts India plans on hold

Rediff.com19 Apr 2007

Garnett & Helfrich, a US-based specialist venture buyout firm, has reversed its decision to set up a dedicated office in India.

Why Foreign VCs Have Shut Their Taps

Why Foreign VCs Have Shut Their Taps

Rediff.com6 Jun 2023

Foreign investment in India's start-ups has plummeted 72 per cent to $4.58 billion so far, from $16.2 billion during the same period last year.

A start-up that doubles revenue, every year!

A start-up that doubles revenue, every year!

Rediff.com27 Oct 2014

From an idea inititated in a hostel room, Hearing Plus went on to become a national chain of hearing treatment clinics.

  US VCs plan $400 mn for Indian start-ups

US VCs plan $400 mn for Indian start-ups

Rediff.com23 Apr 2007

Indian start-ups are likely to experience a fillip as around 40 US venture capitalists and private equity holders have already lined up $400 million to invest in the country.

Ban on taxi aggregators: Rs 2,000-crore PE money at stake

Ban on taxi aggregators: Rs 2,000-crore PE money at stake

Rediff.com10 Dec 2014

The ban on taxi aggregators can put at risk investments of at least Rs 2,000 crore (Rs 20 billion), made by private equity (PE) and venture capital (VC) investors.

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

VC funds reduce number of deals with start-ups by a 5th in 2022: Study

Rediff.com20 Dec 2022

At least 14 of the top 20 venture capital (VC) and private equity (PE) funds in India reduced new deals with start-ups by a fifth in 2022. The number fell from 572 in 2021 to 456 this year, according to data from Venture Intelligence. Sequoia Capital, a leader in investments, retained its top slot but its number of deals fell from 110 in 2021 to 70 this year.

India Rekindles Love Affair With Russia

India Rekindles Love Affair With Russia

Rediff.com6 Jan 2024

EAM Jaishankar's mission is aimed at strengthening India's strategic autonomy in a complex international environment, observes Ambassador M K Bhadrakumar.

This start-up can help the next 100 million loan seekers

This start-up can help the next 100 million loan seekers

Rediff.com22 Sep 2017

Credit Vidya helps lenders assess credit and fraud risk for thin-file and new-to-credit customers.

Neighbourhood First At Modi's Swearing-In

Neighbourhood First At Modi's Swearing-In

Rediff.com9 Jun 2024

Engagement with neighbours is a strategic imperative, and not an option, asserts Rup Narayan Das.

Serving small entrepreneurs: A 5-star business idea

Serving small entrepreneurs: A 5-star business idea

Rediff.com4 Sep 2017

Five Star Business Finance is in the business of providing loans to MSME entrepreneurs. Gireesh Babu finds out more about the company that plans to grow to 3,000 crore by 2020.

Are investors to partly blame for the start-up crisis?

Are investors to partly blame for the start-up crisis?

Rediff.com19 Nov 2015

They encouraged start-ups to pay for acquiring customers rather than focusing on the business fundamentals.

At 28L, average CTC at ISB up by 8%

At 28L, average CTC at ISB up by 8%

Rediff.com24 Mar 2021

Of the 1,145 offers made this year, consulting firms made up 34 per cent, followed by banking, financial services and insurance, pharma/healthcare, IT/ITeS and FMCG/retail.

It's clear, regulatory woes can't kill online gaming in India

It's clear, regulatory woes can't kill online gaming in India

Rediff.com14 Nov 2021

Even as the gaming industry battles multiple regulations in different Indian states, it has received more than double the amount of investment this year compared to 2020. Industry watchers attribute this to the growing popularity of gaming, spurred by the pandemic, and the innovative business models gaming firms have built. According to data from industry tracker Venture Intelligence, investment in India's gaming sector in 2021 has more than doubled to $794 million, as against a total investment of $339 million last year. In 2019, this number was $176 million. Marquee investors such as Tiger Global (Dream11), Sequoia Capital India (Mobile Premier League), WinZO (Griffin Capital Partners), Tencent (Dream11) and Matrix Partners (Zupee) have pumped money into the sector.

Has Udhayanidhi Shot INDIA Alliance in the Foot?

Has Udhayanidhi Shot INDIA Alliance in the Foot?

Rediff.com4 Sep 2023

Udayanidhi has handed over to the BJP one real issue to draw the line between it and the INDIA alliance, predicts N Sathiya Moorthy.

'Dream job' applications dip at IIM-Ahmedabad

'Dream job' applications dip at IIM-Ahmedabad

Rediff.com18 Feb 2019

A dip in 'dream job' applications could also mean that students are bagging their desired offers in the first go itself.

'India to see 40 billion-dollar e-commerce cos in five years'

'India to see 40 billion-dollar e-commerce cos in five years'

Rediff.com17 Oct 2014

In the past three weeks, early-stage venture capital firm Matrix Partners has invested in three start-ups.

SoftBank-backed Ola raises $500-mn term loan

SoftBank-backed Ola raises $500-mn term loan

Rediff.com17 Dec 2021

IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.

A start-up that helps you learn the job while you're still in college

A start-up that helps you learn the job while you're still in college

Rediff.com1 Jun 2015

Mumbai-based start-up Purple Squirrel Eduventures is helping students decide on their careers through industrial visits

On the table before Modi-Biden: Closer defence, tech ties

On the table before Modi-Biden: Closer defence, tech ties

Rediff.com19 Jun 2023

Stepping up defence cooperation, India and the US are poised to unveil a roadmap for industries in the sector to partner closely in co-production, co-development and maintaining supply change during Prime Minister Narendra Modi's visit to the US beginning June 21.

Soon, you can click online for health care records

Soon, you can click online for health care records

Rediff.com13 Apr 2015

With the help of Practo Ray, doctors can share reports.

Didn't think Ola Cabs, TaxiForSure would last long: Meru

Didn't think Ola Cabs, TaxiForSure would last long: Meru

Rediff.com2 Feb 2015

Meru Cabs' founder says they were a traditional company.

IAF's 'critical deficiencies' must be addressed on priority: IAF chief

IAF's 'critical deficiencies' must be addressed on priority: IAF chief

Rediff.com22 Dec 2022

'There are certain critical deficiencies like shortage of fighter squadrons and force multipliers which must be addressed on priority to retain our combat edge'

What Zomato, Ola, Paytm Need To Learn

What Zomato, Ola, Paytm Need To Learn

Rediff.com19 Jul 2022

Start-ups don't care that mad-money funding comes to a hard stop after an IPO, observes Debashis Basu. As a listed entity, corporate actions have to take the interests of all shareholders, especially minority shareholders, into account. So far, we are not seeing any sign of it, observes Debashis Basu.

Onboard INS Vikrant, Rajnath talks of Chinese threat

Onboard INS Vikrant, Rajnath talks of Chinese threat

Rediff.com6 Mar 2023

In a projection of India's growing maritime prowess, Defence Minister Rajnath Singh on Monday addressed the top naval commanders onboard the country's first indigenous aircraft carrier INS Vikrant in the Arabian Sea and witnessed a mega wargame, amid China's increasing military posturing in the Indian Ocean region.

Now, Ola eyes scooter-sharing market!

Now, Ola eyes scooter-sharing market!

Rediff.com19 Dec 2018

Ola commits to invest $100 mn in Vogo, to bring scooter-sharing to its app, reports Alnoor Peermohamed.

Why VC firms are closing deals faster in start-ups

Why VC firms are closing deals faster in start-ups

Rediff.com5 Feb 2015

In India, where it is tougher to do business, a start-up gets established by the Series-B stage, and it gets expensive for investors.

Ola may put international expansion plans in neutral gear

Ola may put international expansion plans in neutral gear

Rediff.com13 Jun 2019

Ola was supposed to expand to the Netherlands, Kenya, Dubai, Israel, and Brazil.

A bumper Diwali for second-hand goods online

A bumper Diwali for second-hand goods online

Rediff.com5 Oct 2014

With aggressive brand-building initiatives, the companies' advertising budgets ahead of Diwali is understood to have seen a 15% spike

Not just Nikesh Arora, many execs move out from VC firms

Not just Nikesh Arora, many execs move out from VC firms

Rediff.com4 Aug 2016

People move from investment banking to growth equity or from venture capital to growth equity or entrepreneurship, depending on what's attractive at different points of life.