Z47 is an India-focused venture capital firm founded in 2006, formerly known as Matrix Partners India. The firm follows a founders-first philosophy and primarily partners with companies from Seed through Series B, while its broader platform supports companies through growth. Its current investment focus includes FinTech and financial services, Enterprise SaaS and AI, consumer brands, consumer technology, frontier technology, and B2B commerce and manufacturing. Z47 backs companies serving Indian consumers as well as founders building global enterprise and AI businesses from India.
Investment focus
- Sectors
- FinTech & FinServices, Enterprise SaaS & AI, Consumer Brands, Consumer Tech, Frontier Tech, B2B Commerce & Manufacturing
- Stages
- Seed, Series A, Series B, Growth
- Regions
- India, Global markets
How they work with companies
Z47 supports founders beyond capital with company-building experience, specialist teams and industry networks. Its team describes helping with hiring, team building, product-market-fit pivots, follow-on fundraising, strategic decisions, IPOs and M&A. Z47 also provides access to experienced founders, executives, regulatory and industry experts, while its human capital, marketing, finance and legal teams provide operational support as companies scale.Read more
Z47 supports founders beyond capital with company-building experience, specialist teams and industry networks. Its team describes helping with hiring, team building, product-market-fit pivots, follow-on fundraising, strategic decisions, IPOs and M&A. Z47 also provides access to experienced founders, executives, regulatory and industry experts, while its human capital, marketing, finance and legal teams provide operational support as companies scale.
Key people
6 peopleAvnish BajajFounder and InvestorView bioHide bio
Avnish Bajaj is the founder of Z47, formerly Matrix Partners India, which he co-founded in 2006. He previously co-founded Baazee.com, acquired by eBay in 2004. At Z47 he invests across consumer, enterprise, AI, fintech and deep tech, applying a founders-first approach shaped by his experience as an entrepreneur.
Tarun DavdaManaging DirectorView bioHide bio
Tarun Davda is a Managing Director at Z47. A former founder, he invests across consumer technology, mobility, gaming and related sectors and is also involved in firm building and relationships with Z47's investors. His operating background includes founding StepOut and working at BigRock.
Vikram VaidyanathanManaging DirectorView bioHide bio
Vikram Vaidyanathan is a Managing Director at Z47 focused on early-stage fintech, financial services, enterprise software and AI. He has helped build the firm's fintech franchise, Bengaluru presence and global software investing efforts, and works with founders on networks, key hiring, fundraising and major strategic decisions.
Rajinder BalaramanManaging DirectorView bioHide bio
Rajinder Balaraman is a Managing Director who has invested at Z47 since 2011 across consumer, enterprise, AI, fintech and deep tech. He works with founders from company inception through later milestones including follow-on fundraising, international scaling, IPOs and M&A.
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Rajat AgarwalManaging DirectorView bioHide bio
Rajat Agarwal is a Managing Director at Z47 focused on early-stage consumer and financial-services companies. His background includes IIT Delhi, McKinsey and ISB. He works closely with founders on strategy, team building and access to networks while helping develop Z47's broader company-support platform.
Aakash KumarManaging DirectorView bioHide bio
Aakash Kumar is a Managing Director at Z47 investing across AI, enterprise software, consumer and fintech. Before venture investing he founded companies and held operating roles at Housing.com, Indus OS and Hotstar, where he worked on strategy, product, growth and monetization.
Companies curated by Ovii
A selection of companies associated with Z47 that Ovii curates for job seekers.
11 companies
- View 100ms AI company profile. Technologies: Python, Django, FastAPI, React.js
100ms AI
Founded 2020 · San Francisco, USA
100ms builds voice-first AI agents that automate patient access and healthcare operations workflows such as intake, benefits verification and prior authorization.
No open roles - View Aramya company profile. Technologies: Shopify, Python, Django, PostgreSQL
Aramya
Founded 2024 · Jaipur, India
Aramya is an Indian women's ethnic wear brand selling cotton kurtas, kurta sets, dresses and inclusive-size clothing through online and physical retail stores.
No open roles - View Gokwik company profile. Technologies: TypeScript, Go, Node.js, NestJS
Gokwik
Founded 2020 · New Delhi, India
GoKwik helps direct-to-consumer brands simplify checkout, recover abandoned carts, reduce failed deliveries and manage returns.
- View GreyLabs AI company profile. Technologies: Python, Go, Django, React
GreyLabs AI
Founded 2023 · Mumbai, India
GreyLabs AI develops multilingual Voice AI Agents, Speech Analytics, and Email Analytics software for automating customer interactions and monitoring contact centers in financial services.
No open roles - View Inprime company profile. Technologies: Flutter, React.js, Node.js, NestJS
Inprime
Founded 2021 · Bengaluru, India
InPrime Finserv is a tech-led RBI-registered NBFC providing data-driven credit to emerging middle-class households and small businesses in India's informal economy.
- View Jodo company profile. Technologies: Python, Go, JavaScript, Node.js
Jodo
Founded 2020 · Bengaluru, India
Jodo provides education fee collection, instalment, financing and recurring-payment software for educational institutions and other businesses.
- View Jupiter company profile. Technologies: React Native, Java, Kotlin, Spring Boot
Jupiter
Founded 2019 · Mumbai, India
Jupiter helps people in India make UPI payments, track spending, save and invest, and access accounts, credit cards and loans through financial partners.
- View Neysa company profile. Technologies: Kubernetes, Docker, Python, Terraform
Neysa
Founded 2023 · Mumbai, India
Neysa provides GPU cloud infrastructure, managed AI platforms, model training, inference, and MLOps services for enterprises and developers building AI applications.
No open roles - View Rocketlane company profile. Technologies: Java, Spring, React, TypeScript
Rocketlane
Founded 2020 · San Francisco, USA
Rocketlane develops AI-powered professional services automation and customer onboarding software for managing projects, resources, finances, client collaboration, and delivery workflows.
No open roles - View Stable Money company profile. Technologies: SvelteKit, Svelte, Flutter, Java
Stable Money
Founded 2022 · Bengaluru, India
Stable Money is an Indian wealthtech platform helping retail savers access, compare and track fixed deposits, bonds and other fixed-income products digitally.
No open roles - View Toddle company profile. Technologies: JavaScript, React, Redux, Apollo Client
Toddle
Founded 2019 · Bengaluru, India
Toddle is an AI-powered K-12 teaching and learning platform combining curriculum, assessment, communication, analytics, school operations and AI tools.