
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).
Portfolio
127
Fund Size
$670M
Top Stage
Series A
Last 12 Mo
9
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
197 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Series A | $10.5M | Oct 2026 | |
| Series A | $11.3M | Jul 2026 | |
| RReo | Series A | $11.3M | Jul 2026 |
| Series C | $36M | Mar 2026 | |
| Series B | $17.5M | Feb 2026 | |
| Series D | $56M | Jan 2026 | |
| Series C | $45M | Jan 2026 | |
| Series A | $15M | Jan 2026 | |
| Series B | $15M | Jan 2026 | |
| Series C | $53M | Jan 2026 | |
| Series A | $15M | Jan 2026 | |
| Unknown | $10M | Dec 2025 | |
| Series C | $30M | Oct 2025 | |
| Series B | — | Oct 2025 | |
| GGreyLabs | Series A | — | Oct 2025 |
| 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 | |
| SSri Mandir | Series C | $20M | Jul 2025 |
| AAppsForBharat | Series C | $20M | Jul 2025 |
| Series C | $20M | Jun 2025 | |
| Series A | $10.5M | Jun 2025 |
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Top Co-Investors
India Quotient97 shared
Accel25 shared
Lightspeed Venture Partners19 shared
Peak XV Partners19 shared
General Catalyst15 shared
Y Combinator14 shared
Better Capital12 shared
Bessemer Venture Partners9 shared
Z479 shared
Eight Roads8 shared
Nexus Venture Partners8 shared
Matrix Partners8 shared
private angel investors8 shared
The Fundamentum Partnership7 shared
SAIF Partners7 shared
Sequoia Capital6 shared
Blume Ventures6 shared
Susquehanna Asia Venture Capital6 shared
SV Angel5 shared
Jungle Ventures5 shared
Last updated: 20 October 2026