Matrix Partners

3 global funds sell 7.8% stake in Five-Star Business for Rs 1,656 crore via open market

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3 global funds sell 7.8% stake in Five-Star Business for Rs 1,656 crore via open market

MUMBAI – Three global funds namely Peak XV Partners (formerly Sequoia Capital), TPG Asia and Matrix Partners have sold partial stakes in Five-Star Business Finance, aggregating up to Rs 1,656 crore through bulk deals on Friday. TPG Capital, through one of its affiliates TPG Asia Vii Sf Pte, sold 89,07,493 shares of Five-Star Business or … Read more

VeGrow raises $2.5 million led by Matrix Partners and Ankur Capital

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VeGrow raises .5 million led by Matrix Partners and Ankur Capital

Bengaluru: VeGrow has raised $2.5 million in seed funding led by Matrix Partners and Ankur Capital, as the aggregator of small farms looks to bring economies of scale to Indian farmers using technology. Better Capital, Titan Capital, Sanjiv Rangrass, CEO of ITC’s agri business, Cloudnine founder Rohit MA, Livspace founder Ramakant Sharma, and Park+ founder … Read more