Andreessen Horowitz plans $500 million investment in Indian startups

Andreessen Horowitz, which made its maiden investment in India last year, is looking to get aggressive in the world’s second largest internet market.
The Silicon Valley-based venture capital firm has earmarked about $500 million to back Indian startups, a source familiar with the matter told TechCrunch.
The firm, which led a funding round in the Bengaluru-based cryptocurrency exchange CoinSwitch Kuber last year, is also looking to hire for several investment roles in the country, people familiar with the matter said.
A number of partners at the firm including Seema Amble and Sumeet Singh have

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