Avnish bajaj the founder of Baazee.com that was aquired by Ebay has joined hands with Matrix Partners US and formed Matrix Partners India which announced the closing of its first fund. The $150 million, multi-sector, multi-stage fund will focus on early to growth stage businesses in the Internet, mobile, financial services, media & entertainment, healthcare, travel & leisure, sectors, according to an official release issued today. More on this can be read here
