Matrix Partners To Invest $500k-$10 Million In Internet And Media Startups

Matrix Partners, which announced a $150-million fund for India, said that it may invest in at least two companies by end of the year.
The fund’s investment target is four to eight companies a year. They would invest in early-stage or startup companies operating in the Internet, mobile technology, media and travel segments. In the internet space, the investment can range from Rs 20 million to 200 million, while that in travel and media companies could be between Rs 400 million and 500 million. [Via <a href="http://www.easybourse.com/Website/dynamic/News.php?NewsID=35639

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