BAT VC, an early-stage venture capital firm headquartered in New York. This company has revealed its intention to invest a whopping $100 million through its latest fund. Their main focus will be on Indian startups in the AI (artificial intelligence) and deep technology sectors, with a specific interest in fintech and B2B SaaS (software-as-a-service) companies.

A newly launched India-focused initiative from BAT VC will be under the leadership of three general partners, including Manish Maheshwari, who previously headed X India, formerly known as Twitter. Aditya Mishra and Ravi Metta are the other two partners.

BAT VC says India’s AI is booming, calling it a “golden era.” It’s growing fast at 32% each year and is expected to hit $23 billion by 2027. Enterprise software (SaaS) for businesses is also doing great, growing even faster at 35% yearly and is bigger than the global average.

The VC firm highlighted that investing in AI companies with connections between the US and India is very promising. This area saw a huge increase to $4.7 billion in 2023 because of the talented people, available funding, and access to markets in both countries.

Manish Maheshwari, General Partner and India Head at BAT VC, said, “My move to Bengaluru underscores our conviction in India’s potential to lead the next wave of AI-driven global growth”.

The VC firm believes that the strong interest in Fund II from big investors in the US and India shows that it is now a central investment for global players, not just a developing market.

Ravi Metta, General Partner, BAT VC, said, “Our technical depth enables us to identify high-impact AI startups early and guide them through global scale-up”.

Source: https://yourstory.com/2025/05/new-york-bat-vc-to-invest-100-million-in-india-deeptech-startups