Monday, 06 July 2026Live · ₹4,200 Cr tracked this quarter
Elevation Capital logo
Venture Capital · Gurugram, India

Elevation Capital

Formerly SAIF Partners, Elevation has backed Paytm, Swiggy and Meesho across two decades of Indian venture.

Deals tracked
25
Capital led
$5.08B
Avg round
$203M
Portfolio
175
Owner / Lead
Ravi Adusumalli (Managing Partner)
Founded
2002
Headquarters
Gurugram, India
Assets under mgmt
$2.00B
Firm type
Venture Capital
Sector focus
Consumer, Fintech
Companies backed
12 on this platform
Website
Notable bets

Meesho · Paytm · Pristyn Care

All rounds led

Portfolio

StartupDateRoundSectorCityAmountArticle
Zepto02 Oct 2026Series DConsumerMumbai$273MRead ↗
Mamaearth03 Aug 2025Series HConsumerGurugram$57MRead ↗
udaan02 Oct 2024Series DConsumerBengaluru$879MRead ↗
Purplle02 Oct 2024Series DConsumerMumbai$97MRead ↗
Lenskart03 Aug 2024Series HConsumerGurugram$480MRead ↗
Zomato03 Aug 2024Series HConsumerGurugram$983MRead ↗
Swiggy03 Aug 2024Series HConsumerBengaluru$1.72BRead ↗
Innovaccer09 Apr 2024Series EHealthTechNoida$126MRead ↗
Meesho02 Oct 2023Series DConsumerBengaluru$214MRead ↗
Zepto01 Jan 2022SeedConsumerMumbai$12MRead ↗
Mamaearth02 Oct 2021Series DConsumerGurugram$2MRead ↗
Swiggy02 Oct 2020Series DConsumerBengaluru$73MRead ↗
Pristyn Care08 Jun 2020Series AHealthTechGurugram$6MRead ↗
Lenskart02 Oct 2018Series DConsumerGurugram$21MRead ↗
boAt01 Jan 2018SeedConsumerMumbai$9MRead ↗
Zomato02 Oct 2017Series DConsumerGurugram$42MRead ↗
Innovaccer08 Jun 2017Series AHealthTechNoida$5MRead ↗
udaan01 Jan 2017SeedConsumerBengaluru$38MRead ↗
Mamaearth01 Jan 2017SeedConsumerGurugram$1MRead ↗
Meesho01 Jan 2016SeedConsumerBengaluru$9MRead ↗
Swiggy01 Jan 2015SeedConsumerBengaluru$3MRead ↗
Practo08 Jun 2014Series AHealthTechBengaluru$21MRead ↗
Purplle01 Jan 2013SeedConsumerMumbai$4MRead ↗
Lenskart01 Jan 2011SeedConsumerGurugram$1MRead ↗
Zomato01 Jan 2009SeedConsumerGurugram$2MRead ↗
Where in the lifecycle

Stage Breakdown

Seed
9 deals
Series A
3 deals
Series D
8 deals
Series E
1 deal
Where capital flowed

Sector Allocation

Consumer
$4.92B
HealthTech
$158M
Chronology

Investment Timeline

  1. 02 Oct 2026
    Zepto · Series D
    $273M · Consumer
  2. 03 Aug 2025
    Mamaearth · Series H
    $57M · Consumer
  3. 02 Oct 2024
    udaan · Series D
    $879M · Consumer
  4. 02 Oct 2024
    Purplle · Series D
    $97M · Consumer
  5. 03 Aug 2024
    Lenskart · Series H
    $480M · Consumer
  6. 03 Aug 2024
    Zomato · Series H
    $983M · Consumer
  7. 03 Aug 2024
    Swiggy · Series H
    $1.72B · Consumer
  8. 09 Apr 2024
    Innovaccer · Series E
    $126M · HealthTech
  9. 02 Oct 2023
    Meesho · Series D
    $214M · Consumer
  10. 01 Jan 2022
    Zepto · Seed
    $12M · Consumer
  11. 02 Oct 2021
    Mamaearth · Series D
    $2M · Consumer
  12. 02 Oct 2020
    Swiggy · Series D
    $73M · Consumer
  13. 08 Jun 2020
    Pristyn Care · Series A
    $6M · HealthTech
  14. 02 Oct 2018
    Lenskart · Series D
    $21M · Consumer
  15. 01 Jan 2018
    boAt · Seed
    $9M · Consumer
  16. 02 Oct 2017
    Zomato · Series D
    $42M · Consumer
  17. 08 Jun 2017
    Innovaccer · Series A
    $5M · HealthTech
  18. 01 Jan 2017
    udaan · Seed
    $38M · Consumer
  19. 01 Jan 2017
    Mamaearth · Seed
    $1M · Consumer
  20. 01 Jan 2016
    Meesho · Seed
    $9M · Consumer
  21. 01 Jan 2015
    Swiggy · Seed
    $3M · Consumer
  22. 08 Jun 2014
    Practo · Series A
    $21M · HealthTech
  23. 01 Jan 2013
    Purplle · Seed
    $4M · Consumer
  24. 01 Jan 2011
    Lenskart · Seed
    $1M · Consumer
  25. 01 Jan 2009
    Zomato · Seed
    $2M · Consumer