Andreessen Horowitz denies report of India office, calling it “fake news” amid shifting global strategy.
Matilda
Andreessen Horowitz Slams India Office Rumors Andreessen Horowitz Denies Report Of India Office, Calls It ‘Fake News’ Venture capital giant Andreessen Horowitz denies report of India office, calls it ‘fake news’ , shutting down widespread speculation about its expansion plans in Asia. Image Credits:Thomas Faull/ Getty Images The rumor started when multiple Indian media outlets claimed that the Silicon Valley firm—often referred to as a16z —was planning to set up an office in Bengaluru . Reports even mentioned that the firm was hiring a local partner to lead operations. But the story was quickly debunked. Anish Acharya , a general partner at a16z based in the Bay Area, took to X (formerly Twitter) to clarify: “As much as I adore India and the many impressive founders + investors in the region, this is entirely fake news!” A spokesperson for Andreessen Horowitz later confirmed Acharya’s statement, adding that the firm has no current plans to open an office in India. A16z Refocuses Its Global Strategy The timing of the clarification is notewort…