|
||
|
Venture capital firms and funds in Europe 128 Venture Capital Group 3i Venture Capital Accuitive Medical Acer Venture Capital Act Venture Capital Ltd Adelaide Venture Capital Email ADS Ventures Boston Advantages Of Venture Capital Advent Venture Capital Agio Capital Alabama Venture Capital Alaska Venture Capital All Stages Venture Capital American Venture Capital Analysis Venture Capital Analyze Venture Capital Angel Capital Appraisal Venture Capital Arch Venture Capital Argentina Venture Capital Arizona Venture Capital Arkansas Venture Capital Arrowpath Venture Capital Assess Venture Capital Assessment Venture Capital Atlas Venture Capital ATV Venture Capital Aurora Fund Australia Venture Capital Austria Venture Capital Automotive Venture Capital AZ Venture Capital VCgate More Venture Capital Terms and Topics
-
Matrix Partners Closes $150 Million Investment Fund for India
August 10th, 2006 No comments
Matrix Partners, a U.S. based private equity firm, announced recently it had set up a $150 million fund with an Indian partner to invest in consumer-focused industries mainly in the Internet, telecommunications and media space.
Venture firm’s fund for consumer services joins a swarm of investors in India.
India has become a hotbed for private equity deals as companies across industries are seeking capital to fund growth, acquisitions and expansion. A booming stock market has added to deal making.
“The Indian economy is in a very exciting phase and Matrix Partners is looking forward to participating in the region’s growth story,” said Matrix founding partner Paul Ferri.
The fund will fuel multiple stages of investments into Internet, mobile services, financial services, media and entertainment companies, and travel and leisure.
Matrix had until now only invested in the United States. It joins an increasingly large group of investors in India, both domestic and foreign.
Investors said India came out ahead of China in terms of barriers to entry such as regulations, intellectual property, and political environment.
“U.S.-based venture capitalists are looking at China as a market and India as a place to fund entrepreneurs,” noted Mark Heesen, president of the Arlington, Virginia-based National Venture Capital Association.
Leave a reply
Latest Headlines:
Friday August 31, 2012
Zscaler Secures $38 Million Investment Round
Wednesday November 30, 2011
Health Care Solutions companies Infinity Pharmaceutics, NanoVobronix and Selventa raise funds.
Monday November 21, 2011
Panda Power opens $420 Million Fund for Solar and Natural Gas Projects
Thursday November 17, 2011
Better Place raises $200 Million for Electric Cars in the Series C of Funding
Wednesday November 16, 2011
Accel Partners raise $100 Million Big Data Fund to Invest in Hadoop, NoSQL and other Companies
Tuesday November 15, 2011
Skimlinks raises $4.5 Million to help Bloggers Increase their Gains
Monday November 14, 2011
Standing Cloud raises $3 Million to help New Cloud Providers grow Faster
Thursday November 10, 2011
Zillow acquires Diverse Solutions for $7.8 to help Real Estate Agents increase their Visibility