Matrix Partners India increases target for fourth fund to $525m, raises $517m so far

Matrix Partners India increases target for fourth fund to $525m, raises $517m so far

Photo: REUTERS/Beawiharta

Matrix Partners India, an early backer of ride aggregator Ola and payments startup Razorpay, has raised $517 million so far for its fourth fund, surpassing its original $450 million target, show its regulatory filings with the US Securities and Exchange Commission (SEC).

Edited by: Pramod Mathew

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