Andreessen Horowitz Denies Report of Bengaluru Office
The firm signals no India base as it leans on remote investing following the closure of its London office.
Overview
- General partner Anish Acharya called reports of an India office "entirely fake news" on X, and an a16z spokesperson confirmed his statement.
- Indian outlets had reported plans for a Bengaluru presence and local hiring led by Acharya to target early-stage AI and SaaS startups, citing unnamed sources.
- a16z earlier shuttered its London office and said it would continue international investing through remote teams and local networks.
- The firm has made few India bets to date, with CoinSwitch’s 2021 round its most notable deal and past reports of a $500 million India push largely unrealized.
- Separate coverage notes OpenAI and Anthropic plan India offices, highlighting broader interest in the market even as a16z denies a local buildout.