Friday, 29 August, 2025
Elevation Capital Launches $400M Fund to Fuel IPO-Ready Startups
Elevation Capital, the venture firm behind Paytm, Swiggy, Meesho, and Urban Company, unveiled a $400 million late-stage vehicle—Elevation Holdings—targeting startups on the cusp of going public. The fund plans to invest $20–50 million each across 10–15 companies over the next three years, mainly in consumer and fintech tech ventures. It will run alongside its $670 million early-stage Fund VIII, emphasizing long-term investments and the potential for sustainable value creation in public markets.
Read full story at Economic Times