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Matrix India

GreyLabs AI secures Series A led by Elevation Capital

GreyLabs AI secures Series A led by Elevation Capital

06 Oct 2025, 16:30 PM

Z47 and angel investors participated in the funding round.

RBI secures massive Mumbai land deal to house new office

RBI secures massive Mumbai land deal to house new office

16 Sep 2025, 16:34 PM

The land is worth over Rs 3,400 crore at the Nariman Point financial district.

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani

Wealth-tech startup Stable Money raising $20 million led by Nandan Nilekani's Fund, others

29 May 2025, 15:47 PM

Stable Money is raising Rs 173 crore (around $20 million) in a round led by Fundamentum Partnership Fund, with participation from Z47, Lightspeed India...

Metal card startup OneCard raising $28 million in new funding round

Metal card startup OneCard raising $28 million in new funding round

26 Nov 2024, 23:12 PM

The company has already secured $8.5 million (Rs 71.4 crore) with the rest to come in one or more tranches.

Zodius exits OfBusiness in $100 million share sale: report

Zodius exits OfBusiness in $100 million share sale: report

23 Oct 2024, 17:59 PM

Z47 (previously known as Matrix India Partners), an early investor in the Gurugram-based fintech and commerce startup, is also looking to sell its stake.

Who Reads Us

Fintech Highlights

  1. Junio gets RBI approval to operate as PPI provider

  2. CoinSwitch FY25 revenue up 219% to Rs 129 crore, loss widens

  3. Moneyview FY25 revenue jumps 74% to Rs 2,339 crore

  4. Paytm July-Sept revenue up 24% to Rs 2,061 crore, net profit falls

  5. MobiKwik July-Sept revenue from ops down 7% to Rs 270 crore, loss expands

  6. Read more news...

AI/Emerging Tech

  1. Amazon says Perplexity's AI agent not authorized to access its store

  2. Wyzard.ai bags angel funding from OLX exec, Angel One group CEO, others

  3. Japanese trade body raises copyright concerns with OpenAI

  4. Lambda strikes multibillion-dollar deal with Microsoft

  5. OpenAI signs $38 billion-deal with Amazon Web Services

  6. Read more news...

IPO Tales

  1. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  2. The Bull Run Broker: Inside Groww's $7 billion IPO

  3. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  4. In Charts: MobiKwik plans Rs 572 crore IPO. Why its financial services play deserves attention

  5. Read more news...

Money & Machines

  1. India's subtle dance with stablecoins; Reinventing 'swadesi' in AI age

  2. The Economics of Gandhi

  3. Money & Machines: Regulators, Reel Stars, Real Money. And 'All Inclusive' — Inside GFF 2025

  4. What happened after the gaming ban story; VCs' hunt for 'Lovable' in India

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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