Facebook ties up with Matrix Partners India to scale early-stage SMBs

Facebook on Thursday said it has tied up with early stage venture capital fund Matrix Partners to scale small businesses in India by providing them with digital skills.

The tie-up is a part of Facebook’s VC Brand Incubator Program that collaborates with venture capital funds to help early-stage small and medium businesses (SMBs) to maximise their digital potential, Facebook said in a statement.

“With the tie-up with Matrix Partners India, the programme also completes one year during which it has collaborated with six VC Funds – Sauce.VC, Fireside Ventures, SAIF Partners, Sequoia Capital, DSG Ventures, and Matrix Partners India – and skilled, trained, and mentored more than 150 brands at various stages of their growth journey,” it added.