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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.