Elevation Capital
Elevation Capital Appoints Krishna Mehra as Partner to Lead SaaS and AI Investments
Elevation Capital, which specialises in seed and early-stage investments, has invested more than USD 2.6 billion across 190+ companies since its inception in 2002.
Lightspeed Leads USD 40 Mn Series B Funding for SolarSquare
The company plans to use the fresh funding to expand its footprint to 50 cities, enhance its technology, hire talent, and strengthen its brand presence.
Ex-Swiggy CTO and Former Kotak VP Unite to Empower Individual Traders with Sahi
Sahi offers proprietary trading tools with in-house charts, AI-driven insights, visual risk management, integrated market data, and a customisable interface, empowering traders with secure, reliable, and personalised trading experiences.
Wealthtech Startup ZFunds Raises INR 25 Cr Funding Led by Elevation Capital
The startup aims to use the fresh funds to expand its distribution network and bolster its technical capabilities.
Deals of the Week: Startups Bagging Big Wins and Funding (November 23–29)
This week saw significant funding activity across diverse sectors, from oncology drug manufacturing to electric vehicle leasing. Here's a roundup of key deals that grabbed attention.
Bessemer Leads USD 8 Mn Funding in ShopDeck to Revolutionise Indian D2C Ecosystem
The funding aims to fuel ShopDeck's mission of helping small and mid-sized businesses establish profitable and scalable online operations.
The Startup Buzz: This Week's Biggest Funding Headlines (November 16-22)
This week, startups across quick commerce, consumer nutrition, insurance tech, cancer diagnostics, gaming, and logistics raised significant funding, showcasing strong investment activity from November 16 to November 22.
Rural Lending Platform SarvaGram Secures USD 67 Mn to Expand Credit Offerings
The Series D funding was led by Peak XV Partners, with support from Elevar Equity, Elevation Capital, Temasek, and TVS Capital, reaching INR 950 crore total funding.
Kovai.co Acquires SaaS Startup Floik to Boost Document360's Knowledge Management Capabilities
Founded in 2022 by Vartika Bansal and Vidyasankar Krishnamurthy, Floik, backed by Elevation Capital, claims to have catered to over 8,000 users globally with interactive product demos and guides.
Swiggy Set to Launch IPO on November 6, 2024, with Price Band of INR 371 to INR 390 per Share
Swiggy has established a price band of INR 371 to INR 390 per equity share, with bids to be made for a minimum of 38 equity shares and in multiples of 38 thereafter.
Norwest Leads INR 310 Cr Investment in Vridhi Home Finance to Drive Affordable Housing
The platform aims to deploy the raised funds to accelerate expansion in existing markets and enhance its technology infrastructure.
Elevation Capital Promotes Vaas Bhaskar and Chirag Chadha to Partners, Ashray Iyengar to Principal
Elevation Capital, which has invested in over 200 companies, including 14 unicorns and 9 IPOs, closed its eighth India-focused fund at USD 670 million in 2022.
Everstage Announces USD 30 Mn Series B Funding and INR 5 Cr ESOP Buyback
The newly acquired funds will be used to enhance Everstage's product capabilities and expand its in-house professional services.
Visa Processing Platform Atlys Secures USD 20 Mn in Series B Round Led by Peak XV Partners and Elevation Capital
With the fresh funds, the Delhi- and San Francisco-based firm aims to enhance its product and engineering capabilities, enter new markets, and scale its global operations.
Meme-Based Dating App Schmooze Secures USD 4 Mn Series A Funding Led by Elevation Capital
The fresh capital will be used to expand the platform's user acquisition efforts.