Elevation Capital

Elevation Capital has established itself as a cornerstone investor in India's startup ecosystem since its inception in 2001. With assets under management exceeding $2.5 billion, the firm has positioned itself as a leading venture capital entity focused exclusively on the Indian market. Their investment philosophy centers on identifying and nurturing promising early-stage ventures across diverse sectors, providing not just capital but strategic guidance to emerging entrepreneurs shaping India's digital economy.

The firm demonstrates remarkable versatility in its investment approach, allocating resources across multiple high-growth sectors including consumer technology, fintech, B2B SaaS, artificial intelligence, frontier technologies, healthcare, and consumer brands. This diversified portfolio strategy has enabled Elevation Capital to capitalize on various innovation waves transforming the Indian business landscape. Their typical investment engagement begins at seed or Series A stages, with initial funding commitments ranging from $500,000 for early concepts to $15 million for more established ventures showing significant traction.

Elevation Capital's investment track record includes partnerships with over 150 companies, many of which have evolved into category leaders within their respective domains. Their portfolio features some of India's most recognized digital success stories, including digital payments pioneer Paytm, food delivery giant Swiggy, social commerce platform Meesho, and services marketplace Urban Company. These investments demonstrate the firm's ability to identify transformative business models early and support their journey toward market leadership and scale.

In 2022, Elevation Capital reinforced its commitment to India's entrepreneurial ecosystem by announcing Fund VIII, raising $670 million specifically earmarked for early-stage investments. This substantial capital raise reflects both investor confidence in Elevation's investment thesis and the growing maturity of India's startup landscape. As the Indian technology sector continues its rapid evolution, Elevation Capital remains strategically positioned to identify the next generation of innovative companies while leveraging its extensive operational expertise, industry networks, and nearly two decades of investment experience to help portfolio companies achieve sustainable growth.