PD

Pranay Desai

Managing Director at Z47 (fka Matrix Partners India)

Bengaluru, Karnataka

Overview 

Pranay Desai is the Managing Director at Z47 (formerly Matrix Partners India), with a background in growth marketing and enterprise marketing at Freshworks. Notable achievements include leading investments in various startups and playing a key role in the growth of emerging companies in the SaaS and enterprise sectors.

Work Experience 

  • Managing Director

    2021 - Current

    I lead B2B Software investments at Z47 (fka Matrix Partners India). If you are working on an idea, drop me a message! Z47 has been backing ambitious founders since 2006, building for India and for the globe. We have invested $1.5 Billion and invest in early-stage businesses (seed to series B) and have backed companies like Ola, Razorpay, Dailyhunt, Ofbusiness, OneCard and MoEngage. I invest in AI applications, vertical software, and developer tools and have invested in and/or supported the following: Moengage, Toddle, Rocketlane, 100ms, Murf AI, Atomicwork, Sifthub, Greylabs AI, and one in stealth.

  • Investor

    2024

  • Investor

    2023

SiftHub is a knowledge discovery and content generation platform for sales and pre-sales teams.

Raised $5,500,000.00 from Andrew Johnston, Z47, Manish Jindal, Shashank Kumar, Arvind Parthiban, Neon Fund, Harshil Mathur, Mars Shot Ventures and Blume Ventures.

  • Investor

    2022

Atomicwork provides modern service management and conversational ITSM software.

Raised $14,000,000.00 from Neon Fund, Storm Ventures, Blume Ventures, Z47, Storm Ventures, Z47, Blume Ventures and Neon Fund.

  • Investor

    2022

Murf AI is a synthetic speech technology startup developing lifelike AI voices for podcasts, slideshows, and professional presentations.

Raised $11,500,000.00 from Ajay Arora, Yamini Bhat, Z47, Pushkar Mukewar, Ashwini Asokan, Ankit Bhati and Elevation Capital.

  • Investor

    2022

100ms is a live-video infrastructure startup that allows developers to build and deploy enterprise-class video applications in hours.

Raised $24,500,000.00 from Accel, Z47, STRIVE, Alpha Wave Incubation, Cloud Capital and LocalGlobe.

  • Investor

    2021

Rocketlane is a project management and collaboration platform that enhances the customer onboarding processes for businesses.

Raised $45,000,000.00 from 8i Ventures, Nexus Venture Partners, Z47 and 8VC.

  • Investor

    2021

MoEngage is an internet company that features cloud-based marketing services for consumer businesses.

Raised $209,969,926.00 from Eight Roads Ventures, B Capital, Z47, Multiples, Goldman Sachs Asset Management, Amicus Capital and Steadview Capital.

  • Director, Growth Marketing

    2019 - 2021

    Led a team of 40+ marketing and creative professionals and owned revenue-focused marketing objectives for our customer service products.

  • Head of Enterprise Marketing

    2018 - 2019

    Led the 20-member global enterprise marketing team at Freshworks. Supported 150% YoY growth of the enterprise business.

  • CEO's office

    2014 - 2017

    As the first member of the CEO's office, I worked on new initiatives and org building. - Setup sales operations and international sales offices - M&A - Acquired 9 companies - 1click, Konotor, Frilp, Framebench, Chatimity, Airwoot, Pipemonk, JoeHukum, Mobiopush - Investor relations and fundraising - $50M USD in 2015, and $55M USD in 2016 from Sequoia, Accel, Tiger Global and Google Capital

Freshworks is building and delivering online cloud-based software-as-a-service that provides helpdesk support with automation solutions.

Raised $483,999,930.00 from Steadview Capital.

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