Matrix Partners India

Institutional venture firmpart of MatrixSEC venture capital fund adviser· Port LouisMATRIXPARTNERS.COM

Institutional venture firm, based in Port Louis, reporting $1.7B of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$1.7B
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
2
Investment team
18
Latest vintage
2024
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

17 additional team members, 44 additional co-investors and affiliates, 2 additional investments, funds and LPs, 28 events, 3 verified contacts (3 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 12 deals
    with Trinity Ventures

    Invests most often alongside Trinity Ventures (12 shared deals) and Y Combinator (7 shared deals).

    pair last observed on record 1 Oct 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Member
    Why: Named with investment responsibility
    No route on file yet
  • Member
    Why: Named with investment responsibility
    No route on file yet
  • Member
    Why: Named with investment responsibility
    No route on file yet

Relationship network

23 connected entities

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

Reading the network
  • Sponsor
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Matrix Partners India: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Matrix Partners India

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

116 companies on record, 2 new in 12 months

Investments on record

116 companies, 0 partner-attributed
No investment on record yet. Edges arrive from the firm’s portfolio page, financing announcements, and Form D board seats.

Stated thesis versus observed behaviour

no observed deals yet
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (2)Healthcare services (1)
lead rate no observed dealsfollow-on rate no observed dealsnew companies, 12 months 2

Team

25 current, 16 departed

Decision makers

who to call first, and why; then everyone else by function
  • Avnish Singh Bajaj · Member
    Why this person: Named with investment responsibility
  • Paul J. Ferri · Member
    Why this person: Named with investment responsibility
  • Rishi Navani · Member
    Why this person: Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

25 current, 16 departed
11 departed (kept with end dates)
  • Tarun Davda · Grantor · May 1, 2016 to Mar 28, 2019 Inference
  • Vikram Vaidyanathan · Grantor · May 1, 2016 to Mar 28, 2019 Inference
  • Akhtar Janally · Director Of Relying Advisor · Feb 1, 2014 to Mar 26, 2015 Inference

Contacts

3 firm phone

3 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

5 vehicles, 0 LPs disclosed

Funds and vehicles

5 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Fund BFund2024 adv first reportedEarly deployment$16.6M
Mar 31, 2026
19unknownunknown
Fund ZFund2019 adv first reportedMature$851M
Mar 31, 2026
79unknownunknown
Fund YFund2017 adv first reportedHarvest$171M
Mar 31, 2026
66unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

109 co-investors

Co-investors

109 counted from shared deals, for the whole firm

Evidence and history

33 dated events, 80 observations from 4 sources

Timeline

33 dated events
  1. Mar 31, 2026
    7 of 10 people on Matrix Partners India's 2024 Schedule A are no longer printed on its 2026-03-31 filing
    Schedule a restructuredPeopleFactForm ADV
  2. Mar 28, 2023
    Randhir Jugasing (Director Of Relying Advisor #3) no longer on Schedule A of Matrix Partners India
    Person leftPeopleInferenceRandhir JugasingForm ADV
  3. Apr 1, 2022
    Shameen Sheik Mohamad Ally Kureemun joined Schedule A of Matrix Partners India as Director Of Relying Advisor #3
  4. Mar 30, 2022
    Michael Calisse (Director Of Relying Advisor #3) no longer on Schedule A of Matrix Partners India
    Person leftPeopleInferenceMichael CalisseForm ADV
  5. Mar 1, 2022
    Rajiv Gupta joined Schedule A of Matrix Partners India as Trustee
    Person joinedPeopleFactRajiv GuptaForm ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Mar 31, 2026 · 2 private fundsShow
Headquarters
Coral Springs, FLadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Mar 31, 2026
Private funds reported
2 (2 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$554Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Matrix India Special III LLC (Shareholder Of Relying Advisor #3), owns 25% to 50%; Three Lions, LLC (Shareholder Of Relying Advisor #1), owns under 5%; RIU Capital, LLC (Shareholder Of Mim Advisors Llc (Previously Known As Matrix India Managers, Llc)), owns 25% to 50%

Classification history

Every classification this record has carried3 on recordShow
  1. Sep 23, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $1.7B across 5 vehicles
  2. Sep 15, 2026
    Institutional venture firm (confirmed, 95%)
    Venture manager, reported GAV $1.9B across 5 vehicles
  3. Sep 12, 2026
    Institutional venture firm (confirmed, 70%)

Evidence

81 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 31, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 28, 2024FactForm ADV
SEC exemption claimedVenture capital fund adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 31, 2026FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
SEC adviser typeExempt reporting adviserMar 28, 2024FactForm ADV
First Form ADV filing2023-03-31Mar 31, 2026FactForm ADV
First Form ADV filing2012-03-30Mar 31, 2026FactForm ADV
First Form ADV filing2023-03-31Mar 28, 2024FactForm ADV
First Form ADV filing2012-03-30Mar 28, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2026-03-31Mar 31, 2026FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
Latest Form ADV filing2024-03-28Mar 28, 2024FactForm ADV
SEC statusERA - ActiveMar 31, 2026FactForm ADV
SEC status effective2023-03-31Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 31, 2026FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Venture share of reported funds1Mar 28, 2024FactForm ADV
Business phoneMar 31, 2026FactForm ADV
Business phoneMar 28, 2024FactForm ADV
Business phoneMar 28, 2024FactForm ADV
HeadquartersCoral Springs, FLMar 31, 2026FactForm ADV
HeadquartersCoral Springs, FLMar 28, 2024FactForm ADV
HeadquartersPort Louis, MauritiusMar 28, 2024FactForm ADV
Office addressMar 31, 2026FactForm ADV
Office addressMar 28, 2024FactForm ADV
Office addressMar 28, 2024FactForm ADV
Legal formLimited Liability CompanyMar 31, 2026FactForm ADV
Legal formLimited Liability CompanyMar 28, 2024FactForm ADV
Legal formLimited Liability CompanyMar 28, 2024FactForm ADV
Private funds reported2Mar 31, 2026FactForm ADV
Private funds reported4Mar 31, 2026FactForm ADV
Private funds reported2Mar 31, 2026FactForm ADV
Private funds reported2Mar 28, 2024FactForm ADV
Private funds reported4Mar 28, 2024FactForm ADV
Private fund gross assets (reported)$554MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$554MMar 31, 2026FactForm ADV
Private fund gross assets (reported)$1.7BMar 31, 2026FactForm ADV
Private fund gross assets (reported)$511MMar 28, 2024FactForm ADV
Private fund gross assets (reported)$2.3BMar 28, 2024FactForm ADV
Schedule a diffsadiff-1Mar 31, 2026FactForm ADV
Venture funds reported2Mar 31, 2026FactForm ADV
Venture funds reported4Mar 31, 2026FactForm ADV
Venture funds reported2Mar 31, 2026FactForm ADV
Venture funds reported2Mar 28, 2024FactForm ADV
Venture funds reported4Mar 28, 2024FactForm ADV
WebsiteSep 12, 2026FactForm ADV
WebsiteMar 31, 2026FactForm ADV
WebsiteMar 28, 2024FactForm ADV
WebsiteMar 28, 2024FactForm ADV
Website resolved domainmatrix.vcSep 14, 2026Fact
How this is scored
Scores, classification basis and filing advisersInstitutional venture firm, confirmed · 2 filing advisers share this firmShow
Importance
37
elevated
Active deployment
25
moderate
Emerging
0
low
Freshness
100
high
Institutional venture firmSEC exempt reporting adviser

Venture manager, reported GAV $1.7B across 5 vehicles

One of 2 advisers that share matrixpartners.com; the firm is Matrix. Matrix Partners. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.

The inputs behind each score
importance
gav: 0.67 · funds: 0.42 · people: 0.48 · investments: 0 · co investors: 0
active deployment
investments 12m: 0 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: not scored
emerging manager
fund count: 5 · reported gav: $1.7B · first adv filing: 2012-03-30 · years since first filing: 14.5

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 identity change, 2 dated events on the change ledger, latest event first
  • Grouped with firm
    2026-09-12
  • Schedule a restructured
    2026-03-31source on record
  • Adviser's first ADV filing
    2012-03-30source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.