AAA Anand abdicates CapitalG position

Anand abdicates CapitalG position

Kaushik Anand, head of India for internet and technology conglomerate Alphabet’s growth equity arm, CapitalG, has left to join a newly formed venture capital fund, the Economic Times reported on Monday.

Anand, who had been leading CapitalG’s investments in India since 2015, has left his position to join A91 Partners, a mid-stage fund recently launched by former senior executives at venture capital firm Sequoia Capital.

CapitalG hired Anand in 2015, and he has led investments in automotive e-commerce platform CarDekho, maths tutoring services Cuemath, online lending platform Aye Finance and sales software provider Freshworks.

Anand will formally join A91 Partners in 2019 and will explore investments in the consumer, pharmaceutical, healthcare, financial services and technology sectors, according to ET.

Prior to joining CapitalG, Anand was an early-stage investor at Sequoia Capital. He had previously worked as a business analyst at management consultancy McKinsey and Company and founded four companies in US and India, including Kreyada and Clever Layout.

Photo of Kaushik Anand courtesy of LinkedIn. 

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