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    Elevation Capital

    Gurugram, IndiaFounded 2001

    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 (9 deals in the last 12 months vs 15 prior). Average disclosed round size is $20.0M (across 172 rounds with reported amounts).

    Find people at Elevation Capital on Goldilocks AI

    Portfolio

    127

    Fund Size

    $670M

    Top Stage

    Series A

    Last 12 Mo

    9

    Team

    Mukul Arora

    Mukul Arora

    Co-Managing Partner

    Ravi Adusumalli

    Ravi Adusumalli

    Co-Managing Partner

    Chirag Chadha

    Chirag Chadha

    Partner

    Deepak Gaur

    Deepak Gaur

    Venture Partner

    Krishna Mehra

    Krishna Mehra

    Partner

    Mridul Arora

    Mridul Arora

    Partner

    Vaas Bhaskar

    Vaas Bhaskar

    Partner

    Ashray Iyengar

    Ashray Iyengar

    Principal

    Manish Advani

    Manish Advani

    Principal

    Poorvi Vijay

    Poorvi Vijay

    Principal

    Vishap Rana

    Vishap Rana

    Principal

    Dhruv Jain

    Dhruv Jain

    Associate Vice President

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    197 investments
    CompanyRoundAmountDate
    Spill logoSpillSeries A$10.5MOct 2026
    Reo.dev logoReo.devSeries A$11.3MJul 2026
    RReoSeries A$11.3MJul 2026
    Atlys logoAtlysSeries C$36MMar 2026
    Wishlink logoWishlinkSeries B$17.5MFeb 2026
    Snabbit logoSnabbitSeries D$56MJan 2026
    Chaayos logoChaayosSeries C$45MJan 2026
    Plazza logoPlazzaSeries A$15MJan 2026
    Audion logoAudionSeries B$15MJan 2026
    Solar Square logoSolar SquareSeries C$53MJan 2026
    Portkey logoPortkeySeries A$15MJan 2026
    Skydo logoSkydoUnknown$10MDec 2025
    Snabbit logoSnabbitSeries C$30MOct 2025
    UnifyApps logoUnifyAppsSeries B—Oct 2025
    GGreyLabsSeries A—Oct 2025
    Greylabs Ai logoGreylabs AiSeries A—Oct 2025
    CityMall logoCityMallSeries D$47MSep 2025
    Jeh Aerospace logoJeh AerospaceSeries A$11MAug 2025
    Caseflood.ai logoCaseflood.aiUnknown$3.2MJul 2025
    Composio logoComposioSeries A$29MJul 2025
    Belong logoBelongUnknown$5MJul 2025
    SSri MandirSeries C$20MJul 2025
    AAppsForBharatSeries C$20MJul 2025
    Apps for Bharat logoApps for BharatSeries C$20MJun 2025
    Sahi logoSahiSeries A$10.5MJun 2025
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    Last updated: 20 October 2026