Z47

News

1. Sovereign Wealth Funds chase AI infrastructure boom

2. AI Capex Boom Could Turn Into Investment Bust, BIS Warns

3. Indian IT Firms See Agentic AI Opening $400 Billion Opportunity

4. OpenAI Hires Uber Veteran Prabhjeet Singh for India Push

5. Adani, Jabil Plan AI Data Center Hardware Platform in India

6. Arun Misra May Take over as Vedanta CEO in August

Z47, the Indian investment arm of US-based Matrix Partners, plans to launch an India fund worth $300 to $400 million. As an early-stage investor, the firm focuses on India’s growing technology and innovation sectors.

Z47 has backed several leading companies, including Ola, Razorpay, OfBusiness, Dailyhunt, Five Star Business Finance, Ola Electric, OneCard, Country Delight, MoEngage, Jupiter, Stanza Living, and GoKwik. The firm follows a “foundersfirst!” philosophy, supporting entrepreneurs in different sectors and working closely with them to build impactful businesses. Z47 has advisory offices in Bangalore, Delhi, and Mumbai.