# Elevation Capital: portfolio, investments and team > Elevation Capital is a vc firm based in India. 3 investments on record, 1 in the last 12 months, latest May 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/elevation-capital (Millionrounds; every figure on the page links to its filing or article) India · [Investor](https://millionrounds.com/investors) # Elevation Capital Last cheque observed May 2026; 3 cheques on record. Email VC firm Deploying now Last fund $3.0M, May 2023 Seed Series A Series B Business-to-business Supply-chain Logistics Follow Elevation Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Felevation-capital) Deploying now **50%** of best year **1** **cheques in 12 months**, 3 on record Since the last cheque **162** days **00** hrs **00** min **00** sec Median round **$47M** Rounds led **0 of 3** Pitch Elevation Capital ## Elevation Capital highlights - 01 1 cheques in the last 12 months - 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:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Business-to-business Supply-chain Logistics - **Based in:** Gurugram, India - **Cold pitches:** Not accepted ## The record Every round we can evidence, newest first **3 appearances** - **2026** 1 round - **May** **[SolarSquare](https://millionrounds.com/company/solarsquare)** Series C · IN · Silicon Canals **$58M** With 2 others - **2025** 1 round - **Sept** **[Citymall](https://millionrounds.com/company/citymall)** Series D · IN · TechCrunch **$47M** With 6 others - **2024** 1 round - **Dec** **[SolarSquare](https://millionrounds.com/company/solarsquare)** Series B · IN · TechCrunch **$40M** With 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 registration **10 named** AY **Andrew Y. Yan** Director i Filing they signed GR **Gulshan Raj Ramgoolam** Director i Filing they signed JC **Jihane Chandra Muhamodsaroar** Director i Filing they signed MC **Marie Chantale Chandra Wan Min Kee** Director i Filing they signed MA **Mohammad Akshar Maherally** Director i Filing they signed NC **Naiken Chandra Veerasamay** Director i Filing they signed NC **Naiken Chandra Veerasamy** Director i Filing they signed RC **Rajender Chalimeda** Executive Officer i Filing they signed RC **Ravi Chandra Adusumalli** Director i Filing they signed SC **Shafiiq-Ur-Rahmaan Chandra Soyfoo** Director i Filing 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 file numbered 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. Latest fund on file **$3.0M** raised in May 2023 From its SEC filing. Nothing newer is on file yet. ## The cheque Seed Series A Series B Median round joined **$47M** the round, not its cheque Led 0 of 3 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** May 2026 Rounds by stage said on their site - Series B said *1* - Series C *1* - Series D *1* - Seed said *-* - Series A said *-* - Growth said *-* - Pre-IPO said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) 2 **Pitching Elevation Capital?** 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 *→* ## 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. [**Lightspeed Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/lightspeed-venture-partners) ## Recently backed The latest companies Elevation Capital put money into. [**SolarSquare** $58M · May 2026](https://millionrounds.com/company/solarsquare)[**Citymall** $47M · Sept 2025](https://millionrounds.com/company/citymall) ## 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? 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=elevation-capital) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=elevation-capital)