Seed fund and incubator 500 Startups is bullish on international investing – especially Latin America and India, the overseas markets it will concentrate on in its second fund, said Paul Singh, an investing partner who manages the accelerator and focuses on investments in Asia.

The firm, founded in 2010 by angel investor and former PayPal executive Dave McClure, announced in June that it is raising a $50 million second fund, a much larger slice of which will be set aside for overseas investments (around 25%) than in their first, said Singh. In addition to partnering with Mexican startup accelerator Mexican.VC, they’ve expanded the investing team with their first overseas hires. Venture partners in Japan and Brazil were added earlier this year, and Singh says they’re currently interviewing candidates for a similar post in India.

To read the full, original article click on this link: 500 Startups Looking to Latin America and India for Second Fund - Forbes