Chuck Darwin<p>2021:<br>Five years after mocking India's colonial past, <a href="https://c.im/tags/Marc" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Marc</span></a> <a href="https://c.im/tags/Andreesen" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Andreesen</span></a>, one of Silicon Valley’s foremost venture capitalists and a member of Facebook’s board, now wants to make money off India’s fancy for cryptos.</p><p>Andreesen’s venture, <a href="https://c.im/tags/a16z" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>a16z</span></a> [founded in 2009 by Marc Andreessen and Ben Horowitz], along with Coinbase Ventures, has invested $260 million in Series C round of CoinSwitch Kuber, the four-year-old Indian start-up which is an aggregator of crypto exchanges. </p><p>Existing investors Paradigm, Ribbit Capital, Sequoia Capital and Tiger Global have also participated in the round. </p><p>Following the massive fund infusion, CoinSwitch has become the country’s second crypto Unicorn, valued at $1.9 billion, after CoinDCX hit $1.1 billion after a $90 million Series C round in August.</p><p><a href="https://www.fortuneindia.com/opinion/hi-pmarca-welcome-to-colonial-free-india/105990" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">fortuneindia.com/opinion/hi-pm</span><span class="invisible">arca-welcome-to-colonial-free-india/105990</span></a></p>