Kaushik Anand could be moving to India to head Google start-up investments
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It’s been almost a year that Google set up its late-stage investment arm in India so that the local start-ups can be doubled down, and now, the tech giant is set to task Anand is currently based out of Mountain View, California, but would move to India soon and push Google Capital's late-stage bets in the country.
"(Google Capital has) done four investments here. We've got a Google Capital team member here - we will announce that soon. He is going to be based here. You're going to see us do more and more investments here,"
Anandan had also said that Google Capital, which has an annual corpus of $300 million for investments had decided to bet on India because of the shortage of late-stage investors in the country.
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