# Elevar Equity: portfolio, investments and team > Elevar Equity is a vc firm based in India. 2 investments on record, latest Nov 2012. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/elevar-equity-2 (Millionrounds; every figure on the page links to its filing or article) India · [Investor](https://millionrounds.com/investors) # Elevar Equity Last cheque observed Nov 2012. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Last fund $126M, Jan 2023 Pre-seed Seed Series A Community Communities Follow Elevar Equity and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Felevar-equity-2) Cheques on record **0%** of best year **0** **cheques in 12 months**, 2 on record Since the last cheque **5090** days **00** hrs **00** min **00** sec Median round **$12M** Cheque size, as they say **$1.0M – $10M** Rounds led **0 of 2** Pitch Elevar Equity ## Elevar Equity highlights - 01 2 rounds on record - 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 entrepreneurs From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** $1.0M – $10M as they say - **Stages:** Pre-seed Seed Series A Series B Growth - **Sectors:** Community Communities - **Based in:** Bengaluru, India - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **2 appearances** - **2012** 1 round - **Nov** **[Shubham Housing Development Finance Company](https://millionrounds.com/company/shubham-housing-development-finance-company)** Series B · IN · in.reuters.com **$8.0M** With 3 others - **2008** 1 round - **Oct** **[Comat Technologies](https://millionrounds.com/company/comat-technologies)** Series C · IN · siliconindia.com **$15M** With 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 registration **9 named** AJ **Ameeta J Patel** Partner, CEO i Form ADV AP **Amie Patel** Director of Elevar Corporate India GP V, Ltd., the Issuer's General Partner i Filing they signed BG **Brinda Ganguly** Director of Elevar Corporate India GP V, Ltd., the Issuer's General Partner i Filing they signed JG **Johanna Gil Posada** Director of Elevar Corporate India GP V, Ltd., the Issuer's General Partner i Filing they signed JK **Jyotsna Krishnan** Director of Elevar Corporate India GP V, Ltd., the Issuer's General Partner i Filing they signed MC **Maya Chorengel** DIRECTOR OF ELEVAR CORPORATE GP III, LTD. i Filing they signed SF **Sandeep Farias** Director of Elevar Corporate India GP V, Ltd., the Issuer's General Partner i Filing they signed SV **Shobha Venkataraman** Partner, CFO, and CCO i Form ADV VR **Vipul Rawal** Partner i Form 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 **$571M** gross assets of its funds Oct 2026 **Exempt** reporting adviser venture 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 [Curebay](https://millionrounds.com/company/curebay)[Docsend](https://millionrounds.com/company/docsend)[Nuvemshop](https://millionrounds.com/company/nuvemshop) Investors 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. Latest fund on file **$126M** raised in Jan 2023 From its SEC filing. Nothing newer is on file yet. ## The cheque Pre-seed Seed Series A Median round joined **$12M** the round, not its cheque Led 0 of 2 rounds **0%** - **Said size:** $1.0M – $10M - **Sole investor:** Never alone - **Last cheque:** Nov 2012 Rounds by stage said on their site - Series B said *1* - Series C *1* - Pre-seed said *-* - Seed said *-* - Series A said *-* - Growth said *-* Cheques by year Led Joined 2008 2012 **Pitching Elevar Equity?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=elevar-equity-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=elevar-equity-2)