Venture Intelligence (TSJ Media Pvt. Ltd.)
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VC firm Andreessen Horowitz (a16z) to set up Bengaluru office; Anish Acharya leads effort: report
San Francisco, USA-based venture capital firm Andreessen Horowitz, better known as a16z, is setting up an office in Bengaluru. The firm’s general partner, Anish Acharya, is leading hiring for India.The firm would scout for early-stage deals in the AI-focused and SaaS firms being built out of India that are servicing global clients.The firm has so far made only two investments in Indian startups. In 2021, it backed Bangalore-based cryptocurrency trading platform Coinswitch Kuber alongside Coinbase Ventures in a USD 260 million Series C round which valued the company at USD 1.9 Billion as of October 2021. The firm also wrote a seed cheque to Plutus Labs, which runs hyper-casual skill games and prediction markets.
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.