Elevation Capital to invest in a dozen startups from $400-mn new fund

The firm, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years

VC fund Elevation Capital will start deploying capital for startups from its newly-raised $400-mn fund from early next year, said a top firm official. The VC fund will be investing in at least a dozen startups in 2021, said Mridul Arora, Managing Director at Elevation Capital.

Elevation Capital, earlier known as SAIF partners, will be deploying the full fund in the next 2-3 years. Some of the areas it will invest in from Fund VII include SaaS, consumer, e-commerce, content, gaming, fintech, and edtech. 
 

The VC firm which follows the core principles of starting early, partnering deep, and not getting