Elev8 Venture Partners launches $200-M growth-stage fund

Elev8 Venture Partners has launched a USD 200 million AIF Category II fund. The maiden fund intends to invest in growth-stage, technology-driven companies with a ticket size of USD 5-15 million. Elev8 - which is co-founded and led by Navin Honagudi (who was formerly Managing Director at Kae Capital) and is backed by angel network Venture Catalysts - will invest in Series B and C rounds in fast-growing tech companies.