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Matrix Partners India Announces New Funds Focusing on India
The government is actually taking the lead in Senharki Hei while India has grown to become the world's third largest startup ecosystem. "We definitely need all of these spheres to fire for us if we have to grow, right? I mean, you can't just depend on IT services or exports or whatever," he says. Matrix Partners India has extended the target size for its current fund to $5.25 million and raised $5.18 million for its new round.