If you want to make money with stocks, there are three things you should know. The first is that you’ll have to invest in companies that have a great long-term vision and an aggressive approach to investing. This is a hard thing to do, but it’s one of the most rewarding.
India investment model
The team at Silicon Valley’s Andreessen Horowitz, also known as a16z, has been making an effort to explore the Indian startup scene for years. It was one of the first to invest in an Indian company last year. Now, a16z has announced plans to invest in a couple more startups, and has hired for a handful of roles in India.
In addition to its investments in a handful of Indian startups, a16z has also announced that it has launched a new investment fund. A16z has earmarked $500 million to invest in startups in India.
According to PitchBook data, there are 17 new unicorns in India by the end of 2021. These startups have received funding from VCs around the world. SoftBank, Facebook, Google, and Amazon have all invested billions in the Indian startup ecosystem over the past decade.
Several other firms are now looking to invest in the Indian startup space. For instance, Lightspeed and Accel have both been in the country for many years. They are now raising funds for a fourth India fund.
Another firm, Sequoia, has been operating in India for over a decade. Earlier this month, it backed CoinDCX in a $90 million round.
SALT, founded by Ankit Parasher, is another startup that aims to ease payments and documentation. It has a strong digital presence and a user interface that is superior to other startups in the industry.
Investors in India
There’s a lot happening in the world of tech startups. Andreessen Horowitz, the Silicon Valley-based venture capital firm, recently announced its new $500 million fund for Indian startups. In addition to this, the company is hiring for multiple investment roles in India.
While there are several funds with a presence in India, it’s the first time Andreessen Horowitz is actively investing in the country. It’s also the latest high-profile investor to make its way to the country.
This new round of investments is a reflection of the growth of the Indian startup community. According to PitchBook data, there will be 17 new unicorns in the country in 2021.
In addition to the funding, the firm is exploring an investment in an Indian opinion sharing platform. That would make a16z the latest high-profile investor to enter the country.
Other investors with a presence in India include Lightspeed, Sequoia Capital, and Falcon Edge. As of now, Andreessen Horowitz has already invested in a crypto trading app called CoinSwitch Kuber.
The Bengaluru-based exchange has more than 10 million registered users. TechCrunch reports that the startup is in talks to raise a third round of financing. A coin trading app, CoinSwitch offers instant trading and a superior user interface. Currently, 88% of users are first-time investors.