# Z47

> Z47 is a VC fund in Mumbai backing Financial Services and Internet. See 283 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Mumbai, India
- Total investments: 283
- Last investment: Aug 2026
- Lead investor: 41%
- Last fund: Jun 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/matrix-partners-india/
- X (Twitter): https://twitter.com/matrixpartners
- Website: http://www.matrixpartners.in/

Z47 is a VC fund in Mumbai focused on Financial Services and Internet. Z47 invests in technology startups that target the Indian consumer and global enterprise markets at the seed, early, and early growth phases.

## Contacts

5 contacts available for Z47. Shizune tracks 7 team members at Z47. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/matrix-partners-india?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.2M–$11M |
| Series A | $3M–$25M |
| Series B | $8.3M–$40M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Financial Services | 22 | 8% |
| Internet | 17 | 6% |
| Information Technology | 16 | 6% |
| Apps | 14 | 5% |
| E-Commerce | 14 | 5% |

139 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 58 | 20% |
| Seed | 57 | 20% |
| Series B | 33 | 12% |
| Series C | 25 | 9% |
| Funding Round | 19 | 7% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| India | 99 | 35% |
| United States | 13 | 5% |
| Singapore | 2 | 1% |
| United Kingdom | 1 | 0% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aakash Kumar | Managing Director | 0 | https://shizune.co/investors/profile/aakash-kumar-d7e5 |
| Avnish Bajaj | Founder & Managing Partner | 16 | https://shizune.co/investors/profile/avnish-bajaj |
| Pranay Desai | Managing Director | 9 | https://shizune.co/investors/profile/pranay-desai-2d02 |
| Rajat Agarwal | Managing Director | 20 | https://shizune.co/investors/profile/rajat-agarwal-2 |
| Rajat Agarwal | Managing Director | 2 | https://shizune.co/investors/profile/rajat-agarwal-a5f9 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Stable Money | Stable Money is a fixed-return investment platform that allows users to access fixed deposits, debt mutual funds, and bonds. It helps individuals grow their wealth over the long term by offering investment options that prioritize great returns with safety and stability. | $14.3M | Series C | Aug 04, 2026 |  |
| WizCommerce | WizCommerce is an AI-powered platform that empowers B2B wholesalers, distributors, and manufacturers. Sales reps can take orders at tradeshows, online, in the field find hidden upsell opportunities to increase their average cart value. WizCommerce seamlessly integrates with websites, ERPs, CRMs, and accounting systems, helping users manage theirentire data on a single platform. | $8.3M | Venture - Series Unknown | Jul 09, 2026 |  |
| Scapia | The card that takes you places | $63M | Series C | May 21, 2026 |  |
| Oolka | Oolka is a credit-building website that connects lenders and borrowers and shows credit scores. | $13.8M | Series A | Apr 23, 2026 |  |
| Coral | Coral is a healthcare automation startup on an AI workflow builder that allows providers to design custom automations. | $12.5M | Seed | Apr 20, 2026 |  |
| Wootz.work | Wootz.work uses technology and takes control of the entire process from design to delivery to streamline international purchasing for light engineering items. | $6.6M | Series A | Feb 25, 2026 |  |
| Stable Money | Stable Money is a fixed-return investment platform that allows users to access fixed deposits, debt mutual funds, and bonds. It helps individuals grow their wealth over the long term by offering investment options that prioritize great returns with safety and stability. | $25M | Series C | Feb 17, 2026 |  |
| DSLR Technologies | DSLR Technologies is creating a video-led, social-first e-commerce platform that focuses on the requirements and behavior of one such neglected client category. DSLR Technologies is headquartered in Bangalore, India and was founded in 2021. | $8.8M | Series A | Feb 09, 2026 |  |
| The Whole Truth | The Whole Truth produces plant-based food products aimed at providing snacks and meals made from natural ingredients. The company develops protein bars, nut butters, spreads, and other snack items with a focus on simple, recognizable ingredients without added sugars or artificial additives. Its product range targets consumers seeking convenient,plant-derived options for nutrition and snacking. The Whole Truth emphasizes ingredient transparency, detailing contents on packaging and in product information. The company manages product development, sourcing, and distribution to deliver consistent offerings to retail and direct-to-consumer channels. | $51M | Series D | Feb 04, 2026 |  |
| The Whole Truth | The Whole Truth produces plant-based food products aimed at providing snacks and meals made from natural ingredients. The company develops protein bars, nut butters, spreads, and other snack items with a focus on simple, recognizable ingredients without added sugars or artificial additives. Its product range targets consumers seeking convenient,plant-derived options for nutrition and snacking. The Whole Truth emphasizes ingredient transparency, detailing contents on packaging and in product information. The company manages product development, sourcing, and distribution to deliver consistent offerings to retail and direct-to-consumer channels. |  | Secondary Market | Feb 04, 2026 |  |

10 of 283 investments shown.

## Co-investors
- [Peak XV Partners](https://shizune.co/investors/profile/sequoia-india-2) — VC Fund, 59 deals together
- [Elevation Capital](https://shizune.co/investors/profile/elevation-capital-6e8a) — VC Fund, 57 deals together
- [Tiger Global Management](https://shizune.co/investors/profile/tiger-global) — VC Fund, 27 deals together
- [Accel](https://shizune.co/investors/profile/accel) — VC Fund, 21 deals together
- [Lightspeed India Partners](https://shizune.co/investors/profile/lightspeed-venture-partners-india) — VC Fund, 21 deals together
- [Alpha Wave Global](https://shizune.co/investors/profile/alpha-wave-global) — VC Fund, 20 deals together

## Similar investors

### Similar industry
- [SVG Ventures](https://shizune.co/investors/profile/svg-ventures) — VC Fund
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Omnivore](https://shizune.co/investors/profile/omnivore-partners) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [Titan Capital](https://shizune.co/investors/profile/titan-capital) — VC Fund
- [Inflection Point Ventures](https://shizune.co/investors/profile/inflection-point-ventures-d275) — VC Fund
- [Blume Ventures](https://shizune.co/investors/profile/blume-ventures) — VC Fund

## Featured in investor lists
- [All Investors in India](https://shizune.co/investors/investors-india)
- [All VC Funds in India](https://shizune.co/investors/vc-funds-india)
- [SaaS Investors in India](https://shizune.co/investors/saas-investors-india)
- [SaaS VC Funds in India](https://shizune.co/investors/saas-vc-funds-india)
- [Software Investors in India](https://shizune.co/investors/software-investors-india)
- [Software VC Funds in India](https://shizune.co/investors/software-vc-funds-india)

## FAQ

### What does Z47 invest in?

Z47 invests primarily in Financial Services, Internet and Information Technology startups, most often at Series A and Seed stage. Most of the 283 investments tracked by Shizune back companies in India. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Z47's check size?

Z47 typically joins rounds of $1.2M–$11M at Seed, $3M–$25M at Series A and $8.3M–$40M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Z47 participates in.

### How do I contact Z47?

Public channels for Z47 include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Z47?

The team at Z47 includes Aakash Kumar (Managing Director), Avnish Bajaj (Founder & Managing Partner) and Pranay Desai (Managing Director), among 7 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co