Venture capital firm Andreessen Horowitz (a16z) has refuted claims about establishing an office in India, dismissing the reports as "fake news". The firm, a prominent investor in technology companies, has been the subject of speculation regarding its global expansion plans, but it has explicitly denied any current intentions to set up a base of operations in India.
The denial follows a period of increased interest in the Indian market from global investors, drawn by the country's burgeoning tech industry and large consumer base. However, a16z's stance indicates a more cautious approach to the region, at least for the time being.
This is not the first time that a16z has been embroiled in discussions surrounding India. Back in 2016, Marc Andreessen, a co-founder of the firm and a Facebook board member, caused controversy with tweets that appeared to criticize India's stance on net neutrality and alluded to the country's colonial past. These comments sparked considerable backlash and led to apologies from both Andreessen and Facebook.
More recently, a16z has been making headlines for its strategic shifts in response to the evolving global landscape. In January 2025, the firm announced the closure of its UK office, less than two years after its launch, citing a renewed focus on the US crypto market following policy changes under the new administration. This decision highlights the firm's willingness to adapt its strategies based on political and economic developments.
Meanwhile, a16z is reportedly seeking to raise a massive $20 billion fund, which would be the largest in its history. This fund is intended to capitalize on the growing global interest in US-based artificial intelligence (AI) companies. The firm plans to target international limited partners (LPs) who are looking for ways to invest in American AI companies without facing significant restrictions.
Founded in 2009, Andreessen Horowitz manages approximately $45 billion in assets. The firm has a history of disrupting the venture capital industry with its large funds and aggressive bidding strategies. It has also diversified its investment approach, establishing sector-specific funds focused on areas such as biotechnology, cryptocurrency, and defense tech.
