Ovii

Overview

Elevation Capital is an India-focused venture capital firm, formerly known as SAIF Partners India, that has backed technology-led businesses for more than two decades. The firm takes a high-conviction, long-term approach, partnering with founders from early stages through growth and later stages. Its current sector expertise spans Consumer Tech, Consumer Brands, Fintech & Financial Services, Enterprise AI, Frontier Tech and Healthcare. Elevation's latest early-stage strategy remains particularly focused on Seed and Series A investments, complemented by dedicated growth and late-stage investing capabilities.

Investment focus

Sectors
Consumer Tech, Consumer Brands, Fintech & Financial Services, Enterprise AI, Frontier Tech, Healthcare
Stages
Seed, Series A, Growth, Late Stage, Post-IPO
Regions
India, India-US corridor

How they work with companies

Elevation's Founder Success team provides hands-on support across AI adoption, talent and organization building, finance, corporate development, marketing, legal and technology. Support includes leadership hiring, compensation benchmarking, finance systems, fundraising strategy and investor connections, brand and communications, governance and compliance, engineering mentorship and architecture reviews. Its Stairway platform also provides founder communities, expert networks, operating resources, vendor recommendations and enterprise credits.Read more

Elevation's Founder Success team provides hands-on support across AI adoption, talent and organization building, finance, corporate development, marketing, legal and technology. Support includes leadership hiring, compensation benchmarking, finance systems, fundraising strategy and investor connections, brand and communications, governance and compliance, engineering mentorship and architecture reviews. Its Stairway platform also provides founder communities, expert networks, operating resources, vendor recommendations and enterprise credits.

Key people

6 people
Ravi AdusumalliCo-Managing PartnerView bio

Founder and Co-Managing Partner of Elevation Capital. Ravi focuses on Consumer Tech and Fintech & Financial Services, particularly growth-stage investments. Before starting Elevation, he worked at Credit Suisse and Mobius Venture Capital and earned a BA from Cornell University.

Profile
Mukul AroraCo-Managing PartnerView bio

Co-Managing Partner at Elevation Capital. Mukul focuses on investments across Consumer Tech, Consumer Brands and Enterprise AI, with an emphasis on consumer and SaaS/AI businesses. His investment approach emphasizes partnering closely with customer-focused founders as they develop into company leaders.

Profile
Mridul AroraPartnerView bio

Partner at Elevation Capital focused primarily on Fintech & Financial Services. Mridul joined the firm in 2011 and works closely with founders on strategy, team building and company development. He is an alumnus of IIT Madras and IIM Lucknow.

Profile
Vaas BhaskarPartnerView bio

Partner at Elevation Capital focused on early-stage Fintech & Financial Services investments. Before Elevation, Vaas worked at Bain & Company and Barclays Bank. He holds an MBA from IIM Calcutta and a Computer Engineering degree from the National University of Singapore.

Profile
View all 6 people
Chirag ChadhaPartnerView bio

Partner at Elevation Capital who leads early and growth-stage investments in Consumer Brands and also focuses on automotive, logistics and mobility. Chirag joined Elevation as an analyst in 2017. He previously worked at ITC and graduated from IIT Bombay.

Profile
Krishna MehraPartnerView bio

AI Partner at Elevation Capital specializing in Enterprise AI and based in the San Francisco Bay Area. Krishna previously led engineering at Meta, worked at Cohesity and co-founded Capillary Technologies and Taro. He holds a B.Tech in Computer Science from IIT Kharagpur.

Profile

Companies curated by Ovii

A selection of companies associated with Elevation Capital that Ovii curates for job seekers.

18 companies