DealTracker - Matrix Partners Invests in Kijiji India
Posted on February 5th, 2008 by dhirender
eBay Inc. has sold an undisclosed stake in its Indian classified site Kijiji India to venture capital fund Matrix Partners India. A statement released today said that Matrix Partners India and eBay would jointly own Kijiji India. Kijiji is an online classifieds-style website “that allows local communities to meet, help one another and interact over shared interests”. Matrix India co-founder Avnish Bajaj was also the co-founder of Baazee.com, which later sold to eBay.
Get the Press Release here.
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