Andreessen Horowitz’s interest in India is better late than never ...Middle East

Quartz - Economy
Andreessen Horowitz’s interest in India is better late than never
“We’re generally not a good candidate for startups in emerging markets like India, although never say never,” venture capitalist Marc Andreessen wrote in response to a Quora question in May 2012. Nine years later, his firm, Andreessen Horowitz, has earmarked $500 million to invest in Indian startups, according to a TechCrunch report on May 3.It’s not much money. Several foreign firms like Japan’s Softbank and US-based Tiger Global have pumped in billions in the world’s third largest startup ecosystem over the last few years. In 2021, VCs collectively invested upwards of $23.5 billion in Indian startups, according to PitchBook data, minting 17 new unicorns in the process.And just six years ag

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