X’s Ex-India Head’s VC Floats $100 Mn Fund To Back AI Startups

The VC firm said that its Fund II will focus on early stage startups operating both in India and the US across sectors such as AI, fintech, and SaaS

The investment firm claims that the Fund II has already attracted interest from “top-tier” institutional LPs, strategic investors, and family offices in both India and the US

BAT VC launched its maiden fund in 2022, which claims to have clocked an IRR of 30% and an MOIC of 1.61X

Former X India head Manish Maheshwari’s…