India · Series E startup

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-commerceLogistics

Valuation: $1.5B, Mar 2026

Funding summaryUpdated 26 Oct 2026

$353Mraised across 3 rounds since 2018, from 3 sources

$8.0MRound$45MSeries C$300MSeries E
Latest round
Series E, $300MFeb 2022
Step-upi
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.

2019202020212022
$8.0MRound$45MSeries C$300MSeries E
First round
Round, $8.0M
Oct 2018
Biggest round
$300M
Series E · Feb 2022
Usual gap between rounds
2.3 years
the median of 2

The rounds

  1. Feb 2022
  2. Oct 2019
    Series C$45M2 new

    Reported by Moneycontrol

  3. Oct 2018

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.

Everyone who backed them

Goldman SachsPrivate equity1round
SoftBankInvestment firm1round
Kalaari CapitalVC firm1round
Prosus VenturesVC firm1round
NaspersVC firm1round
Norwest VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

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.

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