[Update] a16z Rejects Report Of It Setting Up Office In India

A day after it was reported that Andreessen Horowitz (a16z) is looking to set up an office space in Bengaluru, the VC firm has denied the same

A source told Livemint that the investment firm began scouting for talent six months ago in April and is looking to back Indian-origin early-stage AI and SaaS startups

Founded in 2009, a16z is one of biggest VC funds globally, with $46 Bn in AUM, and has backed giants like Airbnb, Asana, Slack, Facebook, among others

Update |…