Fund News
Elevation Capital launches ninth fund targeting $500-M
Mumbai-based venture capital firm Elevation Capital has launched its ninth fund with a corpus of USD 500 million. The firm plans to direct these funds toward early-stage companies with a focus on artificial intelligence-led opportunities.The firm intends to leverage its experience in connectivity and payments infrastructure to support startups that use artificial intelligence in sectors such as financial services, deep tech, manufacturing, space technology, education, and healthcare.Since 2020, the firm has raised about USD 1.33 Billion across three different vehicles.
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