Matrix Cellular Services

Delhi, India Founded: 2005 • Age: 21 yrs
SIM cards, Forex cards, and travel insurance are provided.
Annual revenue - Latest available
Total funding $46.7M 4 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Matrix Cellular Services

Matrix Cellular Services is a company based in Delhi (India) founded in 2005. Matrix Cellular Services has raised $46.72 million across 4 funding rounds from investors including PREMIER SINGAPORE HOLDINGS, CX Partners and Aleta. Matrix Cellular Services operates in a competitive market with competitors including MasMovil, Circles.Life, Vodacom, Amaysim and Gigsky, among others.

  • Headquarter Delhi, India
  • Stage Minicorn
  • Sectors
    Telecommunications
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
    Locked
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $46.72 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.77 M (USD), Seed

    Apr 26, 2019

  • Investors
  • Employee Count
    Not available
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People of Matrix Cellular Services

Headcount 1000-5000
Employee Profiles 30
Employee Profiles
People
Hemant Daryani
Business Development Executive
People
Mandeep Sagar
Sales Associate
People
Aseem Arora
Chief Information Officer
People
Ruhi Ali
Senior Sales Executive

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Funding Insights of Matrix Cellular Services

Matrix Cellular Services has successfully raised a total of $46.72M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.77 million completed in April 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Matrix Cellular Services

Matrix Cellular Services has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include PREMIER SINGAPORE HOLDINGS, CX Partners and Aleta.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
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Private equity investments in India are managed by CX Partners.
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Investor details for Matrix Cellular Services

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Investments & Acquisitions by Matrix Cellular Services

Investments
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Investment portfolio details for Matrix Cellular Services

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Financial Statements - Matrix Cellular Services

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Detailed financials for Matrix Cellular Services

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Matrix Cellular Services Comparisons

Matrix Cellular Services Primary company
Description
SIM cards, Forex cards, and travel insurance are provided.
Location
Delhi, India
Founded Year
2005
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Matrix Cellular Services

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Competitors of Matrix Cellular Services

Matrix Cellular Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MasMovil, Circles.Life, Vodacom, Amaysim and Gigsky, among others.

Company Name Domain Founded year HQ Location Description
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Mobile internet, calling, and telecommunications services are provided across Spain.
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Data-focused mobile plans are provided by online MVNO Circles.Life.
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Mobile telecommunication services are provided by Vodacom in South Africa.
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Mobile phone services are provided by Amaysim in Australia.
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Roaming data services for travellers
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No-contract cellular services are offered to US consumers.
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Detailed competitors of Matrix Cellular Services

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Latest news on Matrix Cellular Services

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Complete news archive for Matrix Cellular Services

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Frequently Asked Questions about Matrix Cellular Services

Matrix Cellular Services was founded in 2005 and raised its 1st funding round 4 years after it was founded.

Matrix Cellular Services is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

Manjit Singh Dugal is the current CEO of Matrix Cellular Services.

Matrix Cellular Services is a funded company, having raised a total of $46.72M across 4 funding rounds to date.

Matrix Cellular Services was established in 2005 and is headquartered in Delhi, India. Operations center on telecommunications and travel-related financial services, with offerings that include SIM cards for mobile connectivity, Forex cards for international currency exchange, and travel insurance policies. The company serves customers primarily in the Indian market, supporting both domestic and international travel needs through its domain matrix.in. Leadership is provided by CEO Manjit Singh Dugal.

Matrix Cellular Services's top competitors include MasMovil, Circles.Life and Consumer Cellular.

Matrix Cellular Services has 4 investors. Key investors include PREMIER SINGAPORE HOLDINGS, CX Partners, Aleta, and Bennett, Coleman.

The valuation of Matrix Cellular Services is $24.58M as of Apr 2019.

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