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Matrix India

Luma AI raises Series C funding led by Humain

Luma AI raises Series C funding led by Humain

20 Nov 2025, 18:17 PM

AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners participated in the funding round.

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. Fibe raises $35 million in Series F funding led by IFC

  2. UPI in Nov: Broker value falls 25% as spending softens across merchant categories

  3. OfBusiness takes full ownership of Indian Design

  4. Frex bags pre-seed funding led bu Zeropearl VC, White Venture Capital

  5. Phi Commerce FY25 revenue up 28% to Rs 104 crore, net loss narrows

  6. Read more news...

AI/Emerging Tech

  1. Emergent gets strategic investment from Google's AI Futures Fund

  2. Agnikul-backer Chiratae launches program to invest in deep-tech startups

  3. Chicago Tribune files lawsuit against Perplexity for copyright infringement

  4. Anthropic expands partnership with Snowflake in $200 million multi-year deal

  5. AWS launches three new frontier AI agents

  6. Read more news...

IPO Tales

  1. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

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

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

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

  5. Read more news...

Money & Machines

  1. ONDC confused me for years — now AGI is confusing everyone

  2. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  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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