# ElasticRun funding: rounds and investors

> ElasticRun has raised $353M across 3 rounds since 2018. Investors include Goldman Sachs, Norwest Venture Partners and SoftBank. Every round with its source.

Source: https://millionrounds.com/company/elasticrun (Millionrounds; every figure on the page links to its filing or article)

India · [Series E startup](https://millionrounds.com/companies)

# Who invested in *ElasticRun*

3 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

E-commerce Logistics

Valuation: $1.5B, Mar 2026

Funding summary Updated 26 Oct 2026

**$353M** raised across 3 rounds since 2018, from 3 sources

**$8.0M** Round **$45M** Series C **$300M** Series E

- **Latest round:** Series E, $300M Feb 2022
- **Step-up i:** 6.7×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022

**$8.0M** Round

**$45M** Series C

**$300M** Series E

- **First round:** Round, $8.0M
- **Biggest round:** $300M
- **Usual gap between rounds:** 2.3 years

## The rounds

- **Feb 2022** Series E **$300M** *5 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) Source recorded
- **Oct 2019** Series C **$45M** *2 new* [Naspers](https://millionrounds.com/fund/naspers) [Avataar Venture Partners](https://millionrounds.com/fund/avataar-venture-partners) Reported by Moneycontrol
- **Oct 2018** Round **$8.0M** *2 new* [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) [Norwest Ventures](https://millionrounds.com/fund/norwest-ventures) Reported by Techcircle

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2018 **Series C** 2019 **Series E** 2022 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) [Naspers](https://millionrounds.com/fund/naspers) [Avataar Venture Partners](https://millionrounds.com/fund/avataar-venture-partners) [Norwest Ventures](https://millionrounds.com/fund/norwest-ventures)

## Everyone who backed them

[Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **1** round

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round

[Kalaari Capital](https://millionrounds.com/fund/kalaari-capital) VC firm **1** round

[Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) VC firm **1** round

[Naspers](https://millionrounds.com/fund/naspers) VC firm **1** round

[Avataar Venture Partners](https://millionrounds.com/fund/avataar-venture-partners) VC firm **1** round

[Norwest Ventures](https://millionrounds.com/fund/norwest-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=elasticrun).

## Quick answers about ElasticRun

### Who invested in ElasticRun?

ElasticRun's investors include Goldman Sachs, Norwest Venture Partners, SoftBank, SoftBank Vision Fund and Kalaari Capital, and 4 more on record.

### How much has ElasticRun raised?

ElasticRun has raised $353M across 3 rounds since 2018.

### When did ElasticRun last raise?

ElasticRun's most recent round was a Series E of $300M in Feb 2022.

### What was ElasticRun's biggest round?

Its most recent round, $300M in Feb 2022, is also its largest on record.

### Who backed ElasticRun first?

ElasticRun's first round on record, in Oct 2018, was backed by Kalaari Capital and Norwest Ventures.

### What stage is ElasticRun at?

ElasticRun's latest named round is a Series E, in Feb 2022.

### Where is ElasticRun based?

ElasticRun is based in India.

## Companies like ElasticRun

In the same sector, and raised in the last eighteen months.

[**EloElo** $13M · Oct 2026](https://millionrounds.com/company/eloelo)[**Chapter Homes** $6.6M · Oct 2026](https://millionrounds.com/company/chapter-homes)[**The Pant Project** $11M · Oct 2026](https://millionrounds.com/company/the-pant-project)[**The Stack** $2.3M · Oct 2026](https://millionrounds.com/company/the-stack)[**Traya** $32M · Oct 2026](https://millionrounds.com/company/traya)[**GreenCell Mobility** $124M · Oct 2026](https://millionrounds.com/company/greencell-mobility)

## Find investors like these

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