Travel Credit Card Startup Scapia Secures $23 Mn Funding to Grow Customer Base, Strengthen its Product Suite
Scapia, a Bengaluru-based fintech startup, has made headlines by raising $23 million in its Series A round.  As per the startup, the freshly raised capital will enable it to grow its customer base, add more banking partners, and strengthen our product suite. The funding round was led by VC […]
ShareChat Co-Founders’ New Venture, General Autonomy, Secures $3M in Funding to Revolutionize Factory Automation
General Autonomy, a startup operating in the industrial robotics space, has raised $3 million (Rs 25 crore) in a seed funding round from venture capital firms India Quotient and Elevation Capital. The funding round also saw participation from angel investors such as Srinath Ramakkrushnan (Zetwerk co-founder), Ramakant Sharma (Livspace co-founder), […]
Vridhi Home Finance Secures $18M Funding, Eyes Expansion in Tier II and III Cities
Vridhi Home Finance, a home finance lending fintech, has secured Rs 150 crore ($18 million) in its Series A funding round led by Elevation Capital, an early-to-growth stage venture capital investor. As per the Bengaluru-based fintech, the freshly raised funds will be used to expand its branches by adding 25-30 […]
Elevation Capital Launches $670 Mn Fund; To Back Early-Stage Startups
Elevation Capital, an early-stage venture capital firm, has closed its eighth India-dedicated fund at $670 million, its largest-ever corpus. The announcement comes amid signs of a funding slowdown and overall macro headwinds hurting global tech investments and valuations. Elevation Capital | Early-stage Investing Elevation Capital, formerly Saif Partners, closed around […]
Elevation Capital Partners With Think Investments To Create SPAC Route For Indian Startups
Elevation Capital (formerly SAIF Partners) has partnered with San-Francisco-headquartered Think Investments LLC to float a blank check company called Think Elevation Capital Growth Opportunity. Think Elevation Capital Growth Opportunity will be focused on Indian technology companies looking to list in the US. In its filing, Think Elevation Capital Growth Opportunity […]
[VC Firms India] Top 9 Active Venture Capital Firms In India
The Indian startup ecosystem has grown from a few tech companies to thousands of innovative new ventures in the last decade. The growth is so rapid that in 2021 alone, India witnessed a record number of startups turned unicorns (startups valued at $1 billion or more). In 2021, 44 Indian startups […]
India May See 10 Startup IPOs In Next 2-3 Years
Ravi Adusumalli, the managing partner at Elevation Capital (formerly known as SAIF Partners) said India could see at least ten internet companies going public in 2-3 years. Elevation’s India portfolio includes several billion-dollar valuation startups and well-known brands like Swiggy, Paytm, UrbanClap (now Urban Company), Firstcry, Unacademy, and BookMyShow. Talking […]