Kaushik Anand could be moving to India to head Google start-up investments

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 Kaushik Anand, California-based company executive and former Sequoia Capital investment analyst, to drive Google Capital's India outpost. The news was shared with ET by two people directly aware of the matter, on the condition of anonymity.

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," Rajan Anandan, MD for Google South East Asia and India, had said last week.

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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