Bat VC, a New York-based venture capital firm, has announced a $100 million AI-focused fund for Indian startups.
The fund, co-founded by Manish Maheshwari, Aditya Mishra, and Ravi Metta, will target early-stage deeptech and AI startups in sectors like fintech and B2B SaaS.
Maheshwari will lead Bat VC's operations in India, emphasizing the country's potential to lead global AI-driven growth.
With a focus on tapping into India's growing AI sector, the fund aims to capitalize on the country's talent, capital, and market access to make strategic investments.