Launched in 2023, the growth-stage investor has already deployed one-third of the corpus through investments of $8–14 million each across startups like Astrotalk, IDfy, Smallcase, Porter, and Snapmint.
Noida-based Astrotalk has scaled profitably and seen strong traction from users, which explains the continued VC interest and the back-to-back funding rounds.
Elev8 becomes the 12th India-focused VC firm to raise large multi-million dollar funds. In 2022, India-focused VCs have raised over $6.5 billion.