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Z47 Eyes Up To $400 Mn Corpus In Maiden Fund
Mint Chennai
|July 09, 2025
The investment firm is also exploring partial exits from some portfolio companies
47, formerly Matrix Partners India, is in early discussions to raise its first fund; multiple people aware of the matter told Mint. The fund is likely to target a corpus of $300-400 million and could be launched sometime next year, they said.
The investment firm is currently in talks with potential investors and is also exploring partial exits from some portfolio companies to demonstrate interim liquidity.
"It is in conversations with various investors for the new fund. The current focus is to sell some stakes in its portfolio companies to show interim liquidity as this is their first venture post the split," said two people cited above.
Z47 declined to comment.
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