WaterBridge Ventures
WaterBridge Ventures is an early-stage venture capital firm based in New Delhi, India, founded in 2017 by Manish Kheterpal and Ravi Kheterpal. The firm focuses on technology-driven, India-centric startups, primarily investing at the pre-seed, seed, and Series A stages. With a total fund size estimated between $130 million and $200 million, WaterBridge has made over 50 investments across various sectors, including health tech, consumer tech, and climate tech. The firm aims to be the first institutional investor for entrepreneurs, providing direct capital along with strategic guidance and acces
Investing activity
WaterBridge Ventures appears in 1 AI deal tracked by the AI Lounge deals desk, rounds totalling $80M. The rounds are mostly Series C, with a median round size of $80M. The most recent is EloElo Group (Series C, $80M, Nov 2026).
WaterBridge Ventures most often invests alongside NBCUniversal, Hornbill Capital, Play Ventures and Kalaari Capital, and the companies it backs on AI Lounge are mostly in AI-assisted mobile entertainment.
Deals
Frequently asked questions about WaterBridge Ventures
What AI companies has WaterBridge Ventures invested in?
WaterBridge Ventures's AI investments include EloElo Group. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is WaterBridge Ventures based?
WaterBridge Ventures is based in Bengaluru, Karnataka, India.
What stage does WaterBridge Ventures invest at?
In the rounds tracked on AI Lounge, WaterBridge Ventures has invested at Series C, with a median round of $80M.
Who does WaterBridge Ventures co-invest with?
WaterBridge Ventures's most frequent co-investors on AI Lounge are NBCUniversal (1 deal), Hornbill Capital (1 deal), Play Ventures (1 deal), Kalaari Capital (1 deal) and MIT Investment Management Company (1 deal).
How can founders reach WaterBridge Ventures?
Founders on AI Lounge can see WaterBridge Ventures's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add WaterBridge Ventures to their Investor Pipeline to track the conversation.