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People · Financial Services

Z47 principal Chandrasekhar Venugopal resigns from firm

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Date
Company
Z47
What it does
Venture capital firm formerly Matrix Partners India
Kind
People
Sector
Financial Services

What they do

Z47 is a venture capital firm that previously operated under the name Matrix Partners India

What happened

Principal Chandrasekhar Venugopal has resigned from Z47 marking the second senior departure at the firm

Why it matters

Venugopal backed portfolio companies Emversity and H'you while the firm declined to comment on his exit

The details

  • Chandrasekhar Venugopal resigned as Principal at Z47.
  • This marks the second senior departure at the firm recently.
  • Z47 earlier lost Venture Partner Pranay Desai.
  • The firm declined to comment on the resignation.
  • Venugopal backed portfolio companies Emversity and H'you.
  • Ashpi Gupta moved from Elev8 Venture Partners to Grey Sky Capital.
  • Peak XV Partners saw exits of three senior investment professionals.
  • Agrawal, Mittal, and Sharma plan to launch a new venture capital platform together.

About the business

  • Z47 operates as a venture capital firm.
  • It was formerly known as Matrix Partners India.
  • The firm invests in portfolio companies like Emversity.
  • It also invested in the company H'you.
  • Z47 manages investments for limited partners.

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