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Fund profile

Elevation Capital

Elevation Capital

Gurgaon, India

Not leading

About

Elevation Capital, founded in 2002 and based in Gurgaon, India, is a leading venture capital firm with a strong focus on early-stage investments. Formerly known as SAIF Partners, it has played a key role in India's booming tech ecosystem, supporting category-defining companies like Paytm, Swiggy, Unacademy, Meesho, and Urban Company. With over $2 billion deployed across more than 150 companies, Elevation specializes in sectors such as consumer tech, SaaS, fintech, and edtech. Elevation is known for its deep commitment to founders, providing not only capital but also strategic and operational support from the very beginning. Their investment strategy focuses on seed and Series A stages, and they refrain from making competing investments within the same industry to ensure dedicated, long-term support. In 2022, Elevation launched its $670 million Fund VIII, one of the largest India-focused funds, signaling its ongoing commitment to the growth of Indian tech startups. With over 13 unicorns in its portfolio, the firm continues to invest in high-growth companies poised to shape India's economic and technological future.

Details

Average check

$1M-$3M
$3M-$10M
$10M-$50M

Round

Seed
Series B
Series C+
Series A
Venture Round

Previous Investments

Advertising & Marketing
Consumer Goods & Electronics
E-commerce & Retail
Education
Energy & Utilities
Fintech & Financial services
Hardware. Robotics & IoT
Legal & Professional services
Lifestyle
Media, Events & Entertainment
N/A
Other
Real Estate & Proptech
Social media
Software & Apps

Highlights

$962.7k

Historical average check

$5.7B

Historical max check

January 2025

Last investment date

240

Investments

Software & Apps

Fintech & Financial services

Advertising & Marketing

Social media

Education

Lifestyle

Consumer Goods & Electronics

Legal & Professional services

Energy & Utilities

Real Estate & Proptech

E-commerce & Retail

Hardware. Robotics & IoT

Other

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Contacts

Website

elevationcapital.com

Social

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