Elevation Capital

Elevation Capital, formerly known as SAIF Partners India, is a prominent early-stage venture capital firm with a deep-rooted presence in the Indian startup ecosystem. Rebranding in 2020, the firm has been instrumental in backing some of India's most successful technology companies since its inception in 2000. Headquartered in Gurgaon, India, Elevation Capital primarily focuses on investing in consumer internet, Software-as-a-Service (SaaS), fintech, logistics, and B2B sectors, demonstrating a broad yet strategic interest in high-growth digital businesses.

The firm's investment strategy centers on providing crucial early-stage capital, typically ranging from Seed to Series A rounds. Elevation Capital is known for its hands-on approach, partnering closely with founders to scale their ventures. Their typical first cheque sizes range from $2 million to $15 million, reflecting their commitment to supporting promising startups from their nascent stages through significant growth phases. In April 2022, the firm successfully closed its eighth fund, Elevation Capital Fund VIII, at an impressive $670 million, further solidifying its capacity to deploy substantial capital into the Indian startup landscape.

Elevation Capital boasts an impressive portfolio of market-leading companies that have collectively transformed various industries in India. Their investments include household names such as Swiggy, a leading food delivery platform; Meesho, a social commerce pioneer; Urban Company, a home services marketplace; and Acko, an innovative insurtech provider. Other notable investments include FirstCry, Paytm, Spinny, NoBroker, and ShareChat, showcasing their ability to identify and nurture businesses destined for significant impact and scale. The firm's consistent track record of backing category leaders has cemented its reputation as a cornerstone investor in India's burgeoning digital economy.

This strategic focus and robust financial backing position Elevation Capital as a key player in shaping the future of technology and innovation across India. Their continued emphasis on early-stage investments, combined with their extensive network and operational expertise, makes them a preferred partner for aspiring entrepreneurs seeking to build enduring businesses in one of the world's fastest-growing digital markets.