Early-stage focus across consumer tech, consumer brands, fintech/financial services, B2B SaaS and AI, deep tech, and healthcare. Elevation Holdings (2025) is a separate late-stage vehicle specifically for companies preparing to go public on Indian exchanges, writing $20M–$50M checks.
Elevation Capital (formerly SAIF Partners India) is a Gurgaon-headquartered early-stage venture capital firm investing across consumer tech, consumer brands, fintech, B2B SaaS/AI, deep tech, and healthcare. It was the first institutional investor in Paytm (investing over $100M across its journey) and has backed Meesho, Swiggy, Urban Company, and Spinny. In August 2025 it launched Elevation Holdings, a $400M late-stage vehicle for IPO-bound Indian companies.
Why Elevation Capital?
First institutional investor in Paytm, investing $100M+ across the company's life. 216-company portfolio with 5 unicorns and 30 IPOs, including Meesho and Ixigo. Dedicated late-stage IPO vehicle (Elevation Holdings) distinct from most peers, specifically for companies nearing a public listing on Indian exchanges.
How to pitch
No public cold-submission form; sources deals primarily through its partner network.