Kaushik Anand, a growth equity investor at corporate venturing subsidiary Google Capital, is set to lead its investments in India, the Economic Times reported on Monday.
Anand joined Google Capital, the growth equity unit of internet conglomerate Alphabet, in June 2015 and is currently based at its California headquarters. However, he will shortly move to India to head up its late-stage investments in the country, according to two people directly aware of the matter.
The news comes a week after Rajan Anandan, managing director of Google Southeast Asia and India, told ET that Google Capital planned to increase the frequency of its investments in India and relocate a team member to the country in order to capitalise on the shortage of late-stage investors there.
Google Capital’s current India-based portfolio companies so far include customer support platform Freshdesk, real estate platform CommonFloor, healthcare management software provider Practo and automotive marketplace CarDekho.
Anand spent two years as an early-stage investor at venture capital firm Sequoia Capital from 2012 before co-founding startups Kreyada and Clever Layover. He had previously been a business analyst at McKinsey & Company for two years.
– Photo of Kaushik Anand courtesy of LinkedIn