Andreessen Horowitz, which made its maiden India investment 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 engaged with several Indian startups in recent months, people familiar with the matter said, requesting anonymity as the matter is private.
The firm — which in January said it had raised $9 billion for its …
