Elevation Capital (formerly SAIF Partners) is a leading India-focused venture capital firm with a 25-year history of backing category-defining founders. The firm partners with audacious founders from Seed/Series A through later stages, and in 2021 launched Elevation Holdings to make late-stage investments in companies approaching public markets.
Deal activity decreased year-over-year (7 deals in the last 12 months vs 12 prior). Average disclosed round size is $20.3M (across 160 rounds with reported amounts).
Portfolio
124
Fund Size
$670M
Top Stage
Series A
Last 12 Mo
7
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
183 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| RReo | Series A | $11.3M | Jul 2026 |
 Atlys | Series C | $36M | Mar 2026 |
 Snabbit | Series D | $56M | Jan 2026 |
 Chaayos | Series C | $45M | Jan 2026 |
 Plazza | Series A | $15M | Jan 2026 |
 Audion | Series B | $15M | Jan 2026 |
 Solar Square | Series C | $53M | Jan 2026 |
 Portkey | Series A | $15M | Jan 2026 |
| Snabbit | Series C | $30M | Oct 2025 |
 UnifyApps | Series B | — | Oct 2025 |
| GGreyLabs | Series A | — | Oct 2025 |
 Greylabs Ai | Series A | — | Oct 2025 |
 CityMall | Series D | $47M | Sep 2025 |
 Jeh Aerospace | Series A | $11M | Aug 2025 |
 Caseflood.ai | Unknown | $3.2M | Jul 2025 |
 Composio | Series A | $29M | Jul 2025 |
 Belong | Unknown | $5M | Jul 2025 |
| SSri Mandir | Series C | $20M | Jul 2025 |
 Apps for Bharat | Series C | $20M | Jun 2025 |
 Sahi | Series A | $10.5M | Jun 2025 |
 Zoca | Seed | $6M | May 2025 |
 Adopt AI | Seed | $6M | May 2025 |
| Greylabs Ai | Series A | — | Jan 2025 |
 Speakx | Unknown | $16M | Jan 2025 |
 Seekho | Unknown | $28M | Jan 2025 |
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Top Co-Investors
India Quotient93 shared
Accel20 shared
Peak XV Partners17 shared
Lightspeed Venture Partners16 shared
Y Combinator13 shared
General Catalyst13 shared
Better Capital12 shared
Bessemer Venture Partners9 shared
Nexus Venture Partners8 shared
Eight Roads7 shared
Matrix Partners7 shared
SAIF Partners7 shared
The Fundamentum Partnership6 shared
Sequoia Capital6 shared
Blume Ventures6 shared
Z476 shared
SV Angel5 shared
Jungle Ventures5 shared
Norwest Venture Partners5 shared
Susquehanna Asia Venture Capital5 shared
Last updated: 7 October 2026