
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 increased 150% year-over-year (10 deals in the last 12 months). Average disclosed round size is $21.2M (across 79 rounds with reported amounts).
Portfolio
77
Fund Size
$670M
Top Stage
Series A
Last 12 Mo
3
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
87 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series C | $36M | Mar 2026 | |
| Series D | $56M | Jan 2026 | |
| GGreyLabs | Series A | — | Oct 2025 |
| Series D | $47M | Sep 2025 | |
| Series A | $11M | Aug 2025 | |
| Unknown | $3.2M | Jul 2025 | |
| Series A | $29M | Jul 2025 | |
| Unknown | $5M | Jul 2025 | |
| Series C | $20M | Jun 2025 | |
| Series A | $10.5M | Jun 2025 | |
| Seed | $6M | May 2025 | |
| Seed | $6M | May 2025 | |
| Series A | — | Jan 2025 | |
| Unknown | $16M | Jan 2025 | |
| Unknown | $28M | Jan 2025 | |
| Bridge | — | Jan 2025 | |
| Series A | $4.7M | Jan 2025 | |
| SSolarSquare | Series B | $40M | Dec 2024 |
| Series B | $30M | Oct 2024 | |
| Seed | $3M | Jun 2024 | |
| Series B | $20M | Apr 2024 | |
| Series B | $29M | Mar 2024 | |
| Seed | $7M | Jan 2024 | |
| Unknown | $8M | Jan 2024 | |
| Series A | $4M | Jan 2024 |
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Top Co-Investors
India Quotient33 shared
Accel11 shared
Y Combinator9 shared
General Catalyst6 shared
Eight Roads6 shared
Lightspeed Venture Partners6 shared
Peak XV Partners6 shared
Better Capital5 shared
Think Investments4 shared
Nexus Venture Partners3 shared
Elevar Equity3 shared
Z473 shared
Bessemer Venture Partners3 shared
SV Angel2 shared
Jungle Ventures2 shared
Norwest Venture Partners2 shared
The Fundamentum Partnership2 shared
Greenoaks Capital2 shared
3one4 Capital2 shared
Lowercarbon Capital2 shared
Last updated: 7 September 2026