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India’s Matrix Partners Sole Investors In Utopia

By TechTaffy Desk

Matrix Partners India announced that it has invested as the sole investor in the first institutional round of funding of U2opia Mobile. U2opia creates social applications that help users access their social networks on mobile. Matrix Partners India is an investment firm with INR 3,000 crore under management. The firm invests in companies targeting the Indian domestic market with a sector independent investment strategy focused on generating exceptional returns, according to the company.

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