Avnish Bajaj

Avnish Bajaj is the Founder and Managing Partner of Z47 (formerly known as Matrix Partners India), a venture capital firm based in Mumbai, India.12 He has a diverse background in entrepreneurship, investment banking, and technology.

Career Highlights

• Founder & Managing Partner at Z47 (formerly Matrix Partners India) since January 20061
• Co-founded Baazee.com, India's largest e-commerce/auction site, which was acquired by eBay in 200412
• Served as Chairman & Country Manager of eBay India from 2004 to 20071
• Worked as an Associate at Goldman Sachs & Co. in Hi-Tech Investment Banking1
• Held positions at McKinsey & Company and Apple earlier in his career1

Education

Avnish Bajaj is an alumnus of Harvard Business School.1

Investment Philosophy

Bajaj focuses on venture and early growth investing, with Z47 managing approximately $3 billion in assets.1 He emphasizes the importance of being "far more multiple of capital focused" and aims to generate 3x net returns for limited partners.2

Notable Investments

• Early backer of Ola and Ola Electric, founded by Bhavish Aggarwal2
• Invested in companies like Five Star Business Finance, OfBusiness, and Dailyhunt2

Avnish Bajaj is known for his experience in the Indian startup ecosystem and his transition from a successful entrepreneur to a prominent venture capitalist.3