14/7/2026, 6:37:01 pm

Elevation Capital raises $500m for its ninth fund

Elevation Capital closed its ninth flagship fund with $500 million to invest in early-stage AI-focused startups in India. The VC firm's investment focus remains sectors such as consumer products, technology, media, and healthcare. This marks the firm's continued commitment to Indian founders, having backed companies like Acko, Meesho, Swiggy, and Unacademy since 2002.