A16z in talks to back CoinSwitch Kuber in first India investment
https://techcrunch.com/2021/09/16/andreessen-horowitz-a16z-first-india-investment/
A16z is inching closer to making its first investment in a startup in India, the world’s second largest internet market that has produced over two dozen unicorns this year.
The Menlo Park-headquartered firm is in final stages of conversations to invest in Indian crypto trading startup CoinSwitch Kuber, three sources familiar with the matter told TechCrunch. The proposed deal values the Bangalore-based firm at $1.9 billion, two sources said. Coinbase is also investing in the new round, one of the sources said.
A16z in talks to back CoinSwitch Kuber in first India investment
Sep 16, 2021, 7:29am UTC
https://techcrunch.com/2021/09/16/andreessen-horowitz-a16z-first-india-investment/
> A16z is inching closer to making its first investment in a startup in India, the world’s second largest internet market that has produced over two dozen unicorns this year.
> The Menlo Park-headquartered firm is in final stages of conversations to invest in Indian crypto trading startup CoinSwitch Kuber, three sources familiar with the matter told TechCrunch. The proposed deal values the Bangalore-based firm at $1.9 billion, two sources said. Coinbase is also investing in the new round, one of the sources said.