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By Nikhil Pahwa - Tue 06 Nov 2007 09:26 PM PST Matrix Partners India has expanded its fund from $150 million to approximately $450 million; existing investors have upped their investment in the fund. Apart from early stage investments with a deal size of $3-10 million, Matrix will be focusing on growth stage companies with a deal size of $30 million. The fund, founded by Avnish Bajaj and Rishi Navani in partnership with Matrix Partners US (Read Full Article)
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