What Goes Into Forming a Decade Old VC Team VC is an apprenticeship business says Avnish Bajaj of Matrix Partners India

By Sneha Banerjee

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Matrix Partners India

It's important to put together the right set of people in a team, not only in a startup, but also in a venture capital firm. Matrix Partners India has been into the funding business for more than a decade and here's what co-founder Avnish Bajaj has to say regarding the process of team building at his firm.

What does it take to form the right VC team?

VC is an apprenticeship business viz. if a person shadows a good investor, s/he should be able to pick up those skills.

What we look for is less about skills on the resume perspective but more the intrinsic of the person as demonstrated by the "story" on their resume and track record of achievement.

The number one thing we look for is hunger and hustle. We are an outbound, hustle driven firm. We go out and try to meet as many founders as possible. We don't sit in our offices and wait for leads to come to our desks. We want self-motivated, hungry hustlers—who are also have IQ, EQ and are good learners. Easy enough !

Some of Matrix's investments include Ola, Practo, Quikr, Razorpay, Finomena, MSwipe, Dailyhunt, Limeroad, Treebo, OfBusiness, Myra and Belong.

Sneha Banerjee

Entrepreneur Staff

Former Staff, Entrepreneur India

She used to write for Entrepreneur India from Bangalore and other cities in South India. 

Starting a Business

Her Business Is Solving the $12 Billion 'Porch Pirate' Problem — Here's How a $300 Product Can Keep Your Packages Safe

Melissa Kieling and her son Brennan Naylor co-founded hyve Security to save customers headaches and retailers money.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

Over 1,300 Google Employees Have Signed a New Petition Asking For Job Security

Google laid off thousands of employees in the past two years, which has left some employees feeling insecure about keeping their jobs.

Growing a Business

Why the Number 385 Is the Answer to Building a Solid Go-to-Market Strategy

A successful go-to-market strategy involves three questions, eight pillars and five steps.

Growing a Business

The 3 Pillars Every Business Owner Needs to Unlock Explosive, Sustainable Growth

Integrate business development, marketing and sales into a unified strategy to transform your SMB into a sustainable growth engine that drives consistent revenue and builds trust — no Fortune 500 resources needed.