India · Investor

Elevation Capital

Last cheque observed May 2026; 3 cheques on record.

VC firmDeploying nowLast fund $3.0M, May 2023

SeedSeries ASeries BBusiness-to-businessSupply-chainLogistics

Deploying now
50%of best year1cheques in 12 months, 3 on record
Since the last cheque162days00hrs00min00sec
Median round$47MRounds led0 of 3
Pitch Elevation Capital

Elevation Capital highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series B and Series C: 67% of its rounds

What they do

Elevation is India’s leading investor with a 25-year history of backing category-defining founders.From their own website
Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
SeedSeries ASeries BGrowthPre-IPO
Sectors
Business-to-businessSupply-chainLogistics
Based in
Gurugram, India
Cold pitches
Not accepted

The record

Every round we can evidence, newest first3 appearances

  1. 2026

    1 round

  2. May
    SolarSquareSeries C · IN · Silicon Canals$58MWith 2 others
  3. 2025

    1 round

  4. Sept
    CitymallSeries D · IN · TechCrunch$47MWith 6 others
  5. 2024

    1 round

  6. Dec
    SolarSquareSeries B · IN · TechCrunch$40MWith 4 others

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 registration10 named

AYAndrew Y. YanDirectoriFiling they signed
GRGulshan Raj RamgoolamDirectoriFiling they signed
JCJihane Chandra MuhamodsaroarDirectoriFiling they signed
MCMarie Chantale Chandra Wan Min KeeDirectoriFiling they signed
MAMohammad Akshar MaherallyDirectoriFiling they signed
NCNaiken Chandra VeerasamayDirectoriFiling they signed
NCNaiken Chandra VeerasamyDirectoriFiling they signed
RCRajender ChalimedaExecutive OfficeriFiling they signed
RCRavi Chandra AdusumalliDirectoriFiling they signed
SCShafiiq-Ur-Rahmaan Chandra SoyfooDirectoriFiling they signed

We also hold 39 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

8+funds on filenumbered funds in its name

What they claim to have backed

From their own portfolio page (on their website)

0 of 1 we have independently watched raise

Caution Notice

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.

Who they invest alongside

The investors most often in the same rounds as Elevation Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Elevation Capital put money into.

Quick answers about Elevation Capital

What does Elevation Capital invest in?

Elevation Capital invests most often at Series B and Series C (67% of the rounds on record), in sectors such as Business-to-business, Supply-chain and Logistics.

How active is Elevation Capital?

3 investments on record, 1 of them in the last 12 months. The most recent was in May 2026.

What has Elevation Capital invested in recently?

Its most recent investments on record: SolarSquare (Series C, May 2026) and Citymall (Series D, Sept 2025).

How big are Elevation Capital's cheques?

The median round it joins is $47M.

Is Elevation Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does Elevation Capital invest alongside?

Most often Lightspeed Venture Partners (2 rounds together).

What kind of investor is Elevation Capital?

Elevation Capital is a VC firm based in Gurugram, India.

Has Elevation Capital raised a new fund?

Its latest fund filing with the SEC was in May 2023, reporting $3.0M raised.

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