India · Investor

Elevar Equity

Last cheque observed Nov 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

VC firmQuietLast fund $126M, Jan 2023

Pre-seedSeedSeries ACommunityCommunities

Cheques on record
0%of best year0cheques in 12 months, 2 on record
Since the last cheque5090days00hrs00min00sec
Median round$12MCheque size, as they say$1.0M – $10MRounds led0 of 2
Pitch Elevar Equity

Elevar Equity highlights

  1. 01

    2 rounds on record

  2. 02

    Mostly Series B and Series C: 100% of its rounds

What they do

Elevar Equity fuels the economic resilience and vibrancy of underserved customers and low income communities by investing early growth capital in entrepreneursFrom their own website
Type
VC firm (from a list, unverified)
Cheque size
$1.0M – $10M as they say
Stages
Pre-seedSeedSeries ASeries BGrowth
Sectors
CommunityCommunities
Based in
Bengaluru, India
Cold pitches
Not stated

The record

Every round we can evidence, newest first2 appearances

  1. 2012

    1 round

  2. Nov
  3. 2008

    1 round

  4. Oct
    Comat TechnologiesSeries C · IN · siliconindia.com$15MWith 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration9 named

AJAmeeta J PatelPartner, CEOiForm ADV
APAmie PatelDirector of Elevar Corporate India GP V, Ltd., the Issuer's General PartneriFiling they signed
BGBrinda GangulyDirector of Elevar Corporate India GP V, Ltd., the Issuer's General PartneriFiling they signed
JGJohanna Gil PosadaDirector of Elevar Corporate India GP V, Ltd., the Issuer's General PartneriFiling they signed
JKJyotsna KrishnanDirector of Elevar Corporate India GP V, Ltd., the Issuer's General PartneriFiling they signed
MCMaya ChorengelDIRECTOR OF ELEVAR CORPORATE GP III, LTD.iFiling they signed
SFSandeep FariasDirector of Elevar Corporate India GP V, Ltd., the Issuer's General PartneriFiling they signed
SVShobha VenkataramanPartner, CFO, and CCOiForm ADV
VRVipul RawalPartneriForm ADV

We also hold 12 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

$571Mgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
Elevar Equity Management LTD.
SEC number
CRD 175214

What they claim to have backed

From their own portfolio page (on their website)

3 of 4 we have independently watched raise

CurebayDocsendNuvemshopInvestors

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Quick answers about Elevar Equity

What does Elevar Equity invest in?

Elevar Equity invests most often at Series B and Series C (100% of the rounds on record), in sectors such as Community and Communities.

How active is Elevar Equity?

2 investments on record, 0 of them in the last 12 months. The most recent was in Nov 2012.

How big are Elevar Equity's cheques?

The median round it joins is $12M. It says it writes cheques of $1.0M to $10M.

Is Elevar Equity investing now?

No investments in the last 12 months; the latest was in Nov 2012.

What kind of investor is Elevar Equity?

Elevar Equity is a VC firm based in Bengaluru, India.

How much does Elevar Equity manage?

About $571M, as gross assets of its private funds (Oct 2026).

Has Elevar Equity raised a new fund?

Its latest fund filing with the SEC was in Jan 2023, reporting $126M raised.

When was Elevar Equity founded?

Elevar Equity was founded in 2008.

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it