/Investor DB

Elevation Capital

Venture capitalActively deployingoperating company · company profile

Gurugram · Seed–Series C · 50 people tracked

Also known as Elevation Capital (Formerly SAIF Partners) · Elevation Capital Partners · Elevation Partners (Former SAIF) · Elevation Wealth Partners, Llc · SAIF · SAIF Partners

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Investment thesis

Elevation Capital backs audacious founders building companies in India, typically partnering from Seed/Series A stage and continuing across a company's journey. The firm emphasizes a hands-on 'all in' partnership model, offering founders access to in-house domain leaders across finance, marketing, AI adoption, corporate development, talent, tech and legal from day one. Its areas of focus span consumer tech, consumer brands, fintech and financial services, enterprise AI, frontier tech (including deep tech for defence), and healthcare. Elevation highlights a 20+ year track record, partnerships with 13 unicorns from early stages, and portfolio companies that have contributed a significant share of India's tech market cap.

Source: firm website, verified Sep 27, 2026.

Stage
Seed–Series C
HQ
Gurugram, IN
Leads rounds
Follows
Instruments
Equity
Founded
2001
Last 12 months
12 investments
AUM
$500M
Tracked investments
176
IPOs
2
Acquisitions
4

Team · 50 people

from the firm's website & curated & public directories
Satyam Solanki· Deputy Manager - Financein
Akhil Andasu· Associatein
Akshat Singh· Associate
Aman Himatsingka· Associatein
Amrutha Jalihal· VP - Community & Partnershipsin
Deepthi Kalimili· Content Lead
Eshika Kothari· Associate - Corporate Development
Ishwar Prasad· Vice Presidentin
Lalit Marada· Senior Associatein
Meenal Agarwal· Associatein
Pranay Mehta· Associatein
Prerna Gupta· Associatein
Sai Akshaya Ramaseshan· Vice President
Shreelekha Singh· Content Managerin
Shweta Adhikari· Senior Legal Counselin
Siddhant Agarwal· Associate Vice Presidentin
Subham Mohanty· AI Engineer
Sutikshan Mahajan· Associate Vice President - Financein

12 people who came through Elevation Capital went on to found or lead other companies.

What they invest in

from 126 of 176 portfolio companies

SaaS ×42AI & Machine Learning ×39Fintech ×36Enterprise Software ×30Consumer ×25E-commerce ×12EdTech ×11Marketplaces ×11

HQs:India×67United States×28United Kingdom×2Brazil×1European Union×1Finland×1

Who they back

founder profiles across 85 portfolio companies
8%
solo founders
7 of 85 mapped founding teams
42%
repeat founders
of 107 founders with career history
~3 yrs
old at investment
median across 29 dated deals

Founding team size:solo founder×72 founders×273 founders×324+ founders×19

Where their founders studiedfrom 103 founders with education data

Indian Institute of Technology, Bombay ×12Indian Institute of Technology, Delhi ×12Indian Institute of Management Ahmedabad ×7Indian Institute of Technology, Kharagpur ×7Indian Institute of Technology, Madras ×7Indian School of Business ×5Birla Institute of Technology and Science, Pilani ×4Indian Institute of Management, Calcutta ×4

What their founders studiedfrom 105 founders with field-of-study data

Computer Science ×42Engineering ×42Finance & Accounting ×21Business & Management ×16Chemistry ×2Economics ×2Humanities ×2Law ×2

Where their founders worked beforefrom 107 founders with career history

Google ×7Goldman Sachs ×6McKinsey & Company ×6Microsoft ×6Freshworks ×5InMobi ×4Oracle ×4Barclays ×3

Accelerator rootsportfolio companies that came through a program

Y Combinator ×6Techstars ×2

2 founders hold a PhD · 29 hold an MBA (of 115 with degree data)

Investments · 176 tracked

founders shown can be your intro path

By year:2026 · 92025 · 192024 · 112023 · 112022 · 132021 · 132020 · 12017 · 22016 · 180 dated

Meeshomeesho.comin𝕏NSE: MEESHOApr 2021

Meesho operates an online marketplace that connects small businesses and individual entrepreneurs with customers across India, offering logistics, payments, and support services to help sellers manage their operations.

E-commerceEnterprise SoftwareBengaluru, IN

Vidit Aatrey(Founder)inSanjeev Barnwal(Founder)inSanjeev Kumar(Executive Officer, Director)Jatin Mazalcar(Executive Officer)in

BoardSumer Juneja(Director)inMohit Bhatnagar(Director)in

Board seatMukul Arora· per SEC Form D

Co-investorsB Capital GroupB4 CapitalFJ LabsGood CapitalInvestopadLeo Capital Ventures+22 more

MakeMyTripmakemytrip.comNASDAQ: MMYTMar 2026 · $36M

Marketplace for travel services in India

Rajesh Magow(Founder)inDeep Kalra(Founder)

Co-investorsGabriel Venture PartnersMayfield FundSierra VenturesHelion Venture PartnersLong Journey VenturesPeak XV Partners

Anaranar.bizSep 2021 · $6.2M✓ verified

Anar Business App was a B2B marketplace that connected small businesses, sellers, and buyers across India, facilitating business enquiries and product listings.

B2B Marketplaces

Nishank Jain(CEO and Co-founder)

Co-investorsTitan CapitalAccelAll In CapitalFirst ChequeUpsparks CapitalAccel India+1 more

Bachattbachatt.appin𝕏✓ verified

Bachatt provides daily savings and financial services access to self-employed individuals in India.

FintechNot stated, IN

Anugrah Jain(Founder & CEO)inAnkur Jhavery(COO & Co-founder)inMayank Agarwal(CTO & Co-founder)inHarsh Singhal(Founder)in

Co-investorsAccelSequoia CapitalLightspeed India PartnersLightspeed Venture PartnersNewRadioVenture

Clearclear.inin𝕏✓ verified

Clear is a SaaS platform that provides cloud-based financial software for GST compliance, tax filing, and invoicing for Indian businesses and individuals.

Cloud ComputingEnterprise SoftwareFintechSaaSBengaluru, IN

Archit Gupta(Founder)inSrivatsan Chari(Founder)inAnkit Solanki(Founder)in

Co-investorsY CombinatorSequoia CapitalFundersClubJude GomilaPeak XV PartnersTenacity Ventures+7 more

PierSight Spacepiersight.spacein𝕏Dec 2023✓ verified

PierSight builds a constellation of Synthetic Aperture Radar (SAR) and Automatic Identification System (AIS) satellites to provide persistent maritime surveillance and monitoring for the shipping and maritime industry.

Climate TechData & InfrastructureIoTSpace TechAhmedabad, IN

Gaurav Seth(Founder)inVinit Bansal(Founder)in

Co-investorsAll In CapitalTechstarsAlpha Wave Globalboundless venturesPrana Tech VenturesSHL Capital

FamPayfampay.inin𝕏Jun 2021 · $38M

FamApp by Trio is a financial education platform for Indian users that covers saving, spending, investing, and earning.

B2B MarketplacesConsumerEdTechFintechBengaluru, IN

Sambhav Jain(Founder)inKush Taneja(Founder)in

Board seatMridul Arora· per SEC Form D

Co-investorsPioneerRocketship.vcVentureSouqY CombinatorGeneral CatalystGlobal Founders Capital+6 more

Journeyfrontjourneyfront.cominDec 2021 · $13.4M

Journeyfront is an applicant tracking system for high-volume hiring that unifies sourcing, screening, assessments, interview scheduling, offers, and analytics in one platform.

AI & Machine LearningHR TechSaaSAmerican Fork, US

Nick Lyon(Executive Officer, Director)inDaniel Ash(Executive Officer, Director)

BoardChris Shelton(Director)Bart Skalla(Director)

Board seatRavi Adusumalli· per SEC Form D

Co-investorsConnetic VenturesTamarak CapitalTeamworthy Ventures

Able Jobsablejobs.coin𝕏Seedacquired by Instawork · Sep 2024

Able operates a career platform in India that helps early-stage professionals find job opportunities, develop their profiles, and access interview preparation and training content.

ConsumerEdTechHR TechBengaluru, IN

Ravish Agrawal(Founder)inSvatantra Kumar(Founder)inSiddharth Srivastava(Founder)inSiddharth Srivastav(Executive Officer, Director)

Co-investorsFirst ChequeTitan CapitalY CombinatorExpansion Venture CapitalFinTLV VenturesHuman Capital+1 more

Ackoacko.comin𝕏

ACKO is an insurtech company that provides car, corporate health, health, travel, and life insurance products in India through a direct-to-consumer technology platform.

Digital HealthFintechInsurTechMumbai, IN

Varun Dua(Founder)inVishwanath Ramarao(Co-Founder)Ruchi Deepak(Founder)in

Co-investorsAccelGeneral AtlanticLightspeed India PartnersLightspeed Venture PartnersNuVenturesRPS Ventures+5 more

Adopt AIadopt.aiin𝕏

Adopt AI provides no-code AI agents that operate a company's existing software—modern SaaS, legacy apps, and internal tools—to automate operational workflows such as data entry, cross-system reconciliation, and document extraction.

AI & Machine LearningEnterprise SoftwareSaaS

Deepak Anchala(Founder)inRahul Bhattacharya(Founder)inAnirudh Badam(Founder)in

Co-investorsDarkmode VenturesGSF AcceleratorPowerhouse VenturesFoster Ventures

Adopt AIartefact.comMay 2025 · $6M

Artefact is a global consulting company that helps organizations adopt AI and data technologies to generate business value.

AI & Machine LearningData & InfrastructureEnterprise Software

Co-investorsNVIDIADarkmode VenturesFoster Ventures

Airblackairblack.coinDec 2023 · $5.2M

Airblack is an outcome-focused online skilling platform that trains people to earn a livelihood through hands-on courses.

Creator EconomyEdTech

Videt Jaiswal(Founder)inVaibhav Raj Gupta(Founder)in

Co-investorsBetter CapitalInfo Edge VenturesMars Shot VenturesVibe CapitalAtelier VenturesBlume Ventures+1 more

Airblackairblack.com

Airblack runs an online skilling academy offering creative-career courses taught by industry experts through interactive "Do-it-together" (DIT) live workshops.

Creator EconomyEdTech

Pulkit Pujara(Founder)Vaibhav Raj Gupta(Founder)Videt Jaiswal(Founder)

Co-investorsInfo Edge Ventures

Arman Financial Servicesarmanindia.com

Arman provides vehicle finance and microfinance loans aimed at increasing household income and improving livelihoods for underserved customers, with microfinance offered through its subsidiary Namra Finance Ltd.

FintechImpact & Social Good

Aalok J. Patel(Founder)Jayendra Patel(Founder)Jayendrabhai B. Patel(Founder)

Atlysatlys.comMar 2026 · $12M

Atlys provides visa application services with guaranteed delivery timelines, covering multiple visa types and countries with varying processing times and document requirements.

Travel & Hospitality

Mohak Nahta(Founder)

Co-investorsAndreessen HorowitzMantis CapitalPeak XV PartnersHeadlineLong Journey VenturesSouth Park Commons+1 more

Axioaxio.com

Axio provides cyber risk quantification and analysis for enterprises, using an organization's own past, present, and target security posture to identify and prioritize control gaps.

CybersecurityEnterprise SoftwareSaaS

Co-investorsFin CapitalAccelDistributed VenturesOmidyar Network IndiaPeak XV Partners

Axioaxio.co.inin𝕏

Axio offers personal finance management tools and pay-later credit solutions, providing instant credit at checkout with minimal documentation.

FintechIndia, IN

Gaurav Hinduja(Founder)inSashank Rishyasringa(Founder)

Co-investorsAlteria CapitalPeak XV PartnersRibbit Capital

Aye Financeayefin.com

Sanjay Sharma(Founder)Vikram Jetley(Founder)

Co-investorsAccionAlpha Wave GlobalCapitalGCreation Investments Capital ManagementAccion Venture Lab

Basecampbasecamp-research.comin𝕏

A new type of biodiscovery, discovering and harnessing nature's most valuable proteins

London, GB

Oliver Vince(Founder)inGlen Gowers(Founder)inGlen Gowers Oliver Vince(Founder)

Co-investorsBlue Horizon CorporationHummingbird VenturesNVenturesNVIDIAS32Section 32+7 more

Belongbelonghome.comin𝕏Jul 2025

A platform enabling renters to become homeowners and property owners to generate passive income through residential real estate.

AI & Machine LearningPropTech

Ale Resnik(Founder)Ankur Choudhary(Founder)Avion Gray(Founder)Ayush Singh(Founder)Owen Savir(Founder)Rishabh Kaul(Founder)

Co-investorsAndreessen HorowitzBattery VenturesFifth WallNotable CapitalJ17 CapitalBackwards Capital+4 more

Belongbelong.life

A personalized, patient-focused cancer-care management navigator app supporting patients, families and doctors from diagnosis to recovery.

New York City, US

Irad Deutsch(Founder)

Co-investorsAlmeda VenturesBackwards CapitalBlume VenturesLakestarMatrix

Bliss Clubblissclub.comin𝕏

Blissclub designs and sells technical athletic apparel for women, focusing on functional and innovative performance clothing with premium stretch and comfort properties.

ConsumerDirect to ConsumerWellness & FitnessIndia, IN

Minu Margeret(Founder)inMinu MargaretMinu Bitch Margeret(Founder)in

Co-investorsEight Roads VenturesStride Ventures

Bluelearnbluelearn.ininFeb 2023 · $3.5M

Portfolio company invested in by 2am before it had a product.

Harish Uthayakumar(Founder)Shreyans Sancheti(Founder)

Co-investors2am VCLightspeed Venture PartnersRandev Ventures Family OfficeTitan Capital

Book My Showbookmyshow.comin𝕏

BookMyShow is an online ticketing platform for booking movies, live events, plays, sports, and activities.

ConsumerMarketplacesMedia & Entertainment

Ashish Hemrajani(Founder)inRajesh Balpande(Founder)inParikshit Dar(Founder)

Co-investorsAccelJungle VenturesBessemer Venture PartnersTiger Global Management

Britebritebenefits.cominOct 2021 · $1.5M

Brite provides a platform for benefits professionals to create and scale benefits education and communication to employees.

Enterprise SoftwareHR TechSaaSSalt Lake City, US

Landon Fielding(Founder)inJake Parkinson(Founder)in

Co-investorsCameron VenturesY CombinatorIncore InvestTechstars

Britegetbritehr.comAug 2022 · $7.8M

Brite is software for creating, managing, and personalizing employee benefits content, with built-in decision-support tools to help employees choose plans.

HR TechInsurTechSaaS

Co-investorsIncore InvestCameron VenturesDawn CapitalHeadline

Brite Paymentsbritepayments.comin

Brite is a licensed payment institution that connects European banks to enable instant account-to-account payments between consumers and merchants using open banking standards.

Data & InfrastructureE-commerceFintechStockholm, SE

George Parks DavieinRobin PaulssoninHarald WaldeninLena Hackelöer(Founder)

Co-investorsDawn CapitalHeadlineHeadline Growth Management, LLCIncore Invest

California Burritocaliforniaburrito.inSep 2025

California Burrito is a Mexican food restaurant chain that serves burritos and related dishes made with Hass avocados sourced from California.

ConsumerFoodTech

Bert Mueller(Founder)Dharam Khalsa(Founder)Gaelan Connell(Founder)

Caseflood.aicaseflood.aiin

Caseflood.ai provides intake software for high-end law firms, helping them manage client onboarding and case intake processes.

AI & Machine LearningEnterprise SoftwareLegalTechSan Francisco, US

Ethan Hilton(Founder)inTolen Schreid(Founder)inAyushman Srivastava(Founder)

Co-investorsMaiora Rebel VenturesPioneerTranspose Platform ManagementValia VenturesY CombinatorAcquisition.com+11 more

Cashflocashflo.ioin

CashFlo is a financial automation platform that handles accounts payable automation, vendor management, invoice reconciliation, and dealer financing, using OCR, multi-way matching, and machine learning to process invoices and maintain GST compliance.

AI & Machine LearningFintechSaaS

Dushyant Agarwal(Founder)inAnkur B.(Founder)inAnkur Bhageria(Founder)

Co-investorsGeneral CatalystWhite Venture CapitalBlume Ventures

Chaayoschaayos.comNov 2022

Chaayos sells desi chai (tea), green tea, whole wheat cookies, and related packaged food and beverage products directly to consumers.

ConsumerDirect to ConsumerFoodTech

Nitin Saluja(Founder)inRaghav Verma(Founder)

Co-investorsAlpha Wave GlobalThink InvestmentsTiger Global Management

Chaos Geniuschaosgenius.ioin𝕏Jan 2023 · $3.3MAcquired

Flexera provides cost optimization and FinOps management for Databricks deployments, offering visibility, allocation, and recommendations to reduce cloud data platform spending across AWS, Azure, and Google Cloud.

AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareFintechSaaSBengaluru, IN

Preeti Shrimal(Founder)in

Co-investorsY CombinatorMedici Ventures

CityMallcitymall.livein

Rashanbox Retail is an e-commerce company operating the CityMall platform, a retail marketplace.

E-commerceMarketplacesGurgaon, IN

Angad Kikla(Founder)Divij Goyal(Founder)inNaisheel Verdhan(Founder)

Co-investorsAccelGeneral CatalystGSF AcceleratorJungle VenturesNorwest Venture PartnersTitan Capital+1 more

Cleantechcleantech.comin𝕏Jun 2026 · $53M

Cleantech Group provides market intelligence, investment advisory, and networking services to investors and corporate stakeholders in the cleantech sector.

CleantechClimate TechImpact & Social GoodSaaS

Richard Youngman(CEO)in

Co-investorsWestRiver GroupB CapitalGood CapitalInfo Edge VenturesLightspeed Venture PartnersLowercarbon Capital

Cleargetclearapp.comin𝕏

Clear is an app that helps users track their skincare routines, products, and progress while connecting them with a supportive community.

ConsumerHealthtechMarketplacesSocialWellness & FitnessLondon, GB

Ahana Banerjee(Founder)inAnkit Solanki(Founder)inArchit Gupta(Founder)inCaryn Seidman-Becker(Founder)Kenneth Cornick(Founder)Srivatsan Chari(Founder)

Co-investorsPioneerY CombinatorAmino CapitalANOBAKABond Capital ManagementGeneral Atlantic+6 more

Clubclub.fans𝕏Aug 2024 · $3.6M

Luvi offers a memberships product that lets creators sell monthly subscriptions with tiered pricing, giving fans exclusive access to content and perks while creators earn recurring revenue.

ConsumerCreator EconomyFintechSaaSSocial

Co-investorsKima VenturesNFX

Cometcomet.comin𝕏Jul 2024

Comet builds infrastructure for developing, evaluating, and deploying AI applications in production.

AI & Machine LearningData & InfrastructureDeveloper ToolsNew York City, US

Gideon Mendels(Founder)inNimrod Lahav(Founder)inDishant Daryani(Founder)Utkarsh Gupta(Founder)

Co-investorsGiTV, Inc.Invest In DataScale Venture PartnersTechstarsTrilogy Equity PartnersUnion Bay Partnes+4 more

Composiocomposio.devin𝕏Jul 2025 · $25M

Composio provides a developer platform that gives AI agents and autonomous systems access to over 1,000 third-party tools with managed authentication, sandboxed execution, and intelligent tool selection.

AI & Machine LearningDeveloper ToolsSaaS

Karan Vaidya(Founder)inSoham Ganatra (Hiring)(Founder)inSoham Ganatra(Founder)

Co-investorsBlitzscaling VenturesLightspeed India PartnersLightspeed Venture PartnersTogether FundOperator LPOperator Partners+1 more

Country Delightcountrydelight.in

Country Delight is a fresh food delivery service that offers over 3000 products with next-day morning delivery in India.

E-commerceFoodTechLogistics & Supply Chain

Nitin Kaushal(Founder)inChakradhar Gade(Founder)

Co-investorsAlteria CapitalRajul Sandeep JhaveriSpring Marketing CapitalTrifecta Capital AdvisorsZ47Temasek+1 more

Curelinkcure.linkMar 2022 · $3.5M

Curelink is an applied AI lab focused on chronic care, developing technology intended to make continuous, adaptive care widely accessible.

AI & Machine LearningDigital HealthHealthtechGurgaon, IN

Aman Singla(Founder)Divyansh Jain(Founder)

Co-investorsGeneral CatalystVenture Highway

Detectdetecttechnologies.com

Detect Technologies builds T-Pulse, an AI-based analytics product that continuously monitors industrial workplaces to detect safety compliance issues and productivity improvement opportunities.

Advanced ManufacturingAI & Machine LearningEnterprise Software

Daniel Raj David(Founder)Harikrishnan A S(Founder)Karthik R(Founder)Karthik Rajasekaran(Founder)Krishnan Balasubramaniam(Founder)Tarun Kumar Mishra(Founder)

Co-investorsAccelAxilor VenturesStride VenturesBharat FundProsus Ventures

Detectdetect.comin

Detect develops a point-of-care molecular diagnostics platform for women's health applications.

BiotechDeep TechDigital HealthHealthtechMedical Devices

Matthew Sattler(Founder)inJoe Richard(Founder)in

Co-investorsExpaHorizons VenturesAccelProsus Ventures

Dextr AIdextr.ai

Dextr AI builds always-on AI agents (including its DOSS management OS) that handle hotel bookings, guest communication, housekeeping, front-desk operations, billing, and staff management for hospitality businesses.

AI & Machine LearningSaaSTravel & Hospitality

Dezervdezerv.in

Sandeep Jethwani(Founder)inSahil Contractor(Founder)Vaibhav Porwal(Founder)

Co-investorsAccelPremji InvestSnowflake VenturesWhiteboard CapitalZ47

Drivetraindrivetrain.aiin𝕏Oct 2022 · $15M

Drivetrain provides driver-based financial planning software that lets finance and revenue teams model revenue, run scenarios, and forecast without spreadsheets or consultants.

AI & Machine LearningEnterprise SoftwareFintechSaaSNew York City, US

Tarkeshwar Thakur(Founder)inAlok Goel(Founder)inSaurav Bhagat(Founder)in

Co-investorsFoster VenturesJungle VenturesActive PartnersVenture Highway

Elevar Equityelevarequity.comin𝕏

Elevar Equity is an emerging markets investment firm that provides early-growth equity capital and impact investing to businesses serving underserved customers and households in India and Latin America.

Digital HealthFintechHealthtechImpact & Social GoodNew Delhi, IN

Priyadarshi Mohapatra(Founder and CEO)Sandeep Farias(Partner)inJohanna Posada(Partner)Maya ChorengelChris BrookfieldJyotsna Krishnan(Partner)

Co-investorsBlue Haven InitiativeHis FundSorenson Impact FoundationOmidyar NetworkThe Rise Fund

Energetica Indiaenergetica-india.net𝕏Dec 2024

Omnimedia Group is an international publishing company specializing in technical magazines for energy, construction, tourism, pharmaceutical and life sciences industries.

EnergyMedia & EntertainmentNew Delhi, IN

Co-investorsTheia VenturesAlteria CapitalBlackSoilBlume VenturesInnoVen CapitalLightspeed Venture Partners+6 more

Everstageeverstage.comin𝕏Apr 2022 · $13M

Everstage is a sales compensation and commissions management platform that lets Ops teams build and adjust commission plans, gives Finance an audit trail with ASC 606-ready reporting and accurate payout calculations, and lets sales reps forecast earnings from live pipeline.

FintechSaaSSales Tech

Siva Rajamani(Founder)inVivek Suriyamoorthy(Founder)

Co-investors3one4 CapitalEight Roads VenturesiSeed

Faballeyfaballey.com𝕏

House of Indya is an online fashion retailer specializing in contemporary Indian ethnic wear for women, offering ready-made kurtas, tunics, skirts, dupattas, and fusion styles that blend traditional designs with modern silhouettes.

ConsumerDirect to ConsumerE-commerce

Shivani Poddar(Founder)Tanvi Malik(Founder)

Co-investorsIndia QuotientOrios Venture PartnersTrifecta Capital Advisors

Factorsfactors.aiin𝕏Jul 2023 · $3.6M

Factors.ai is an account-based marketing (ABM) platform that consolidates intent and engagement data and uses AI agents to identify buying accounts, score them by real engagement signals, launch ad campaigns, and attribute revenue.

AI & Machine LearningMarketing TechSaaSStamford, US

Aravind Murthy(Founder)inPraveen Das(Founder)inSrikrishna Swaminathan(Founder)in

Co-investorsEMERGENT VENTURESStellaris Venture Advisors 2 Llp

FamAppfamapp.inin𝕏Jun 2025

FamApp by Trio is a financial education platform designed to help Indians learn personal finance fundamentals, from saving and spending to investing and earning.

EdTechFintechImpact & Social Good

Kush Taneja(Founder)inSambhav Jain(Founder)in

Co-investorsPeak XV PartnersSoma CapitalZ Nation Lab GrowthGlobal Founders CapitalVenture HighwayY Combinator

Fareyefareye.comin𝕏

FarEye provides technology to manage and optimize last-mile deliveries, aiming to help deliveries arrive on time and efficiently.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSNew Delhi, IN

Kushal Nahata(Founder)inGaurav Srivastava(Founder)inGautam Kumar(Founder)inGaurav Shrivastava(Founder)

Co-investorsIAN GroupM12 (Microsoft's Venture Fund)Dragoneer Investment GroupTCV

Fashinzafashinza.comin𝕏Aug 2021 · $20M

Fashinza is a B2B apparel sourcing and production management platform that connects fashion brands with vetted garment suppliers and manufacturers.

Advanced ManufacturingAI & Machine LearningB2B MarketplacesGurugram, IN

Abhishek Sharma(Founder)inJamil Ahmad(Founder)Pawan Gupta(Founder)

Co-investorsAccelAlexander Geza Marcus PejacsevichAll In CapitalFirst ChequeFundamentumLiquidity Capital+3 more

First Cryfirstcry.comin𝕏

FirstCry (Brainbees Solutions Limited) is a multi-channel retailer of products for mothers, babies, and kids, selling third-party, global, and its own home brands through an online platform, company-owned and franchisee stores, and general trade distribution.

ConsumerDirect to ConsumerE-commerceRetail TechPune, IN

Amitava Saha(Founder)Supam Maheshwari(Founder)

Co-investorsChiratae VenturesChrysCapitalNew Enterprise Associates (NEA)Premji InvestSoftBank Vision FundThink Investments+2 more

First Legalfirstlegal.comin

First Legal Investigations is a licensed detective agency providing investigation services to legal professionals, insurance companies, municipalities, corporate clients, and individuals.

LegalTechLos Angeles, US

Alex Martinezin

Co-investorsAurora CapitalAcquisition.comAmino CapitalRebel FundValia VenturesY Combinator

Flecks Labsfleckslabs.com

Akash Agrawal(Founder)inJatin Gupta(Founder)

FloBizflobiz.inin𝕏

FloBiz builds voice, document processing, and agentic AI tools for small and medium businesses across India and the UAE.

AI & Machine LearningEnterprise SoftwareSaaSIndia, IN

Rakesh Yadav(Founder)inAditya Naik(Founder)Rahul Raj(Founder)

Co-investorsiSeedPeak XV PartnersThink InvestmentsBEENEXTGreenoaksPantera Capital+1 more

Freeupfreeup.app

FreeUp operates an online thrift marketplace in India where users buy and sell second-hand clothing and accessories from popular brands at discounts.

Circular EconomyE-commerceMarketplacesBengaluru, IN

Frndfrnd.app

Bhanu Pratap Singh Tanwar(Founder)Hardik Bansal(Founder)Harshvardhan Chhangani(Founder)

Co-investorsCapria Ventures

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

SamparkSoftware Is CorrectLoopNano Net TechnologiesNSEPlazzaPlena DataRivigoSano IntelligenceTSSVirbhumiXpressbess

Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.

Exits · 6

2 IPOs · 4 acquisitions · showing 3

MeeshoNSE: MEESHOMakeMyTripNASDAQ: MMYTAble Jobsacq. by Instawork

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Elevation Capital made?
Elevation Capital has 176 tracked investments, 6 of which have exited, including 30 dated in the last 24 months.
What stage does Elevation Capital invest at?
Elevation Capital invests at the Seed, Series A, Series C stages.
What sectors does Elevation Capital focus on?
Elevation Capital focuses on Advanced Manufacturing, AI & Machine Learning, Consumer, Crypto & Web3, Data & Infrastructure, Deep Tech, Defense Tech, E-commerce, EdTech, Enterprise Software, Fintech, Healthtech, Marketplaces, Media & Entertainment, Robotics, SaaS, Space Tech.
Where is Elevation Capital located?
Elevation Capital is headquartered in Gurugram, IN.
Does Elevation Capital lead rounds?
Elevation Capital typically participates in rounds rather than leading them.
Who does Elevation Capital co-invest with?
Elevation Capital most often shares deals with Accel, Peak XV Partners, Trifecta Capital Advisors, among 201 tracked co-investors.
What size deals does Elevation Capital back?
Across 37 deals with disclosed amounts, Elevation Capital has joined rounds of $2.6M – $110M (median $12M).

From the blog

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Media · Podcasts & interviews

featuring the team

How To Think Like A Founder: The VC Guide | Mukul Arora, Elevation Capital

Elevation Capital · Mukul Arora

India Startup Outlook 2025 With Mukul Arora | Elevation Capital | CNBC-TV18

Elevation Capital · Mukul Arora

ET Startup Awards: Mukul Arora of Elevation Capital named one with the Midas Touch

The Economic Times · Mukul Arora

Elevation Capital’s Bullish On Consumer Sector | Mayank Khanduja & Chirag Chadha | Startup Central

ET NOW · Mayank Khanduja

Mukul Arora (Elevation Capital) shares his advice for Mesa's Founding Cohort !

Mesa School of Business · Mukul Arora

It was really inspiring to meet the Prime Minister, says Mukul Arora of Elevation Capital

Narendra Modi · Mukul Arora

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