Profile
Elevation Capital is a venture capital firm based in India, founded in 2002. It focuses on early-stage investments and is known for backing companies that are building application-layer solutions in artificial intelligence. The firm prides itself on its deep domain expertise and its founder success team, which accelerates the entrepreneurial journey from 0-to-1. Elevation Capital aims to partner deeply with its portfolio companies and remains committed to India's growth potential.
The firm specializes in sectors including consumer tech, consumer brands, fintech & financial services, enterprise AI, frontier tech, and healthcare. It primarily invests in seed and Series A stages with check sizes typically ranging from $1-5 million. With a recently raised $500-million Fund IX and other funds under management, Elevation Capital has a total AUM of about $900 million.
Notable investments by Elevation Capital include Acko - an online insurance platform, Adopt AI - an AI company, Chaayos - a chai retail chain, Country Delight - fresh dairy startup, FirstCry - online baby product store, GreyLabs AI, Meesho - a social commerce platform, SUGAR Cosmetics, Scapia, SolarSquare, and Urban Company - a home services platform.
Industry
Elevation Capital Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Elevation Capital Fund IV
|
Venture Capital (VC)
|
Education
Fashion/Beauty
Financial Services
Fintech
Food and Beverage
Foodtech
SaaS
Software
Transportation
|
Pre-seed
Seed
|
Asia
|
$5-10 m
|
$350 M
|
January 2011
|
|
Elevation Capital Fund V
|
Venture Capital (VC)
|
Fashion/Beauty
Financial Services
Fintech
Food and Beverage
Foodtech
SaaS
Security
Software
Transportation
|
Pre-seed
Seed
|
Asia
|
$5-10 m
|
$350 M
|
March 2015
|
|
Elevation Capital Fund VII
|
Venture Capital (VC)
|
Fashion/Beauty
Financial Services
Fintech
Food and Beverage
Foodtech
SaaS
Security
Software
Transportation
|
Pre-seed
Seed
|
Asia
|
$5-10 m
|
$400 M
|
October 2020
|
|
Elevation Holdings
|
Venture Capital (VC)
|
Fashion/Beauty
Financial Services
Fintech
Food and Beverage
Foodtech
SaaS
Security
Software
Transportation
|
Pre-seed
Seed
|
Asia
|
$5-10 m
|
$400 M
|
August 2025
|
|
Elevation Capital Fund IX
|
Venture Capital (VC)
|
Education
Financial Services
Healthcare Services
AI
Technology
|
Seed
Series A
|
Asia
|
$1-5 m
|
$500 M
|
July 2026
|
Contacts
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