Discover if this is a suitable investor for your startup. If they are we'll make a warm introduction for free. Otherwise, we'll connect you with matching investors.
Elevar Equity is a venture capital firm founded in 2013 and headquartered in Mumbai, India. The firm focuses on early growth capital investments aimed at addressing access and inequity issues in emerging markets, particularly in India and Latin America. Elevar Equity has built a strong reputation over its 15+ year history, having invested in 56 companies across various sectors.
The firm manages a total of approximately $400 million in assets under management (AUM), with its latest fund, Fund V, targeting $225 million and achieving a first close of $126 million. Elevar Equity has a notable track record, including three unicorns and two IPOs, such as Ujjivan Small Finance Bank, which is recognized as a significant player in the Indian microfinance sector.
Elevar Equity's mission is to fuel the economic resilience of underserved customers and households, creating measurable impact alongside financial returns. The firm has been featured in various industry publications, highlighting its commitment to social impact and financial success.
Elevar Equity invests in businesses that operate at the intersection of inclusivity, affordability, and scale. The firm targets sectors such as healthcare, fintech, edtech, agtech, and commerce, primarily focusing on India and Latin America. Their investment strategy emphasizes a human-centered approach, aiming to create measurable impact alongside financial returns.
Investment stages include seed, Series A, and Series B, with check sizes ranging from $1 million to $10 million. Elevar Equity seeks to partner with entrepreneurs who are addressing critical issues faced by underserved communities. The firm looks for businesses that not only demonstrate strong growth potential but also contribute positively to the economic resilience of their target markets.
Elevar Equity's portfolio includes 56 companies, with notable investments in:
Elevar Equity has achieved notable exits, including Ujjivan Small Finance Bank and InCred, showcasing its ability to identify and support high-potential businesses.
Sandeep Farias - Founder & Managing Partner. Sandeep has extensive experience in impact investing and has led numerous successful investments in underserved markets.
Johanna Posada - Founder & Managing Partner. Johanna brings a wealth of knowledge in financial inclusion and has been instrumental in shaping Elevar's investment strategy.
Jyotsna Krishnan - Managing Partner. Jyotsna has a strong background in venture capital and has led several key investments in the firm's portfolio.
Vipul Rawal - Partner. Vipul specializes in scaling businesses in emerging markets and has a proven track record in operational excellence.
Amie Patel - Partner. Amie focuses on healthcare investments and has significant experience in the sector.
Shobha Venkataraman - Partner. Shobha has expertise in fintech and has been involved in several successful exits.
Matias Lanus - Investment Director. Matias has a strong background in Latin American markets and focuses on expanding Elevar's reach in the region.
Kripa Miriam Joy - General Counsel. Kripa oversees legal matters and compliance for the firm.
Shikha Gupta - Investment Director. Shikha specializes in edtech investments and has a keen eye for emerging trends in the sector.
Nilay Chandra - Investment Director. Nilay focuses on agtech investments and has a strong background in agricultural economics.
Advisors include:
Manish Dabir - Senior Advisor. Manish brings extensive experience in financial services.
Arpit Shah - Advisor. Arpit has a strong background in technology and innovation.
R. Ramaraj - Senior Advisor. Ramaraj has significant experience in venture capital and entrepreneurship.
Dilip James - Senior Advisor. Dilip specializes in market access and business development.
To pitch Elevar Equity, founders should visit their website at elevarequity.com. It is recommended to include a comprehensive pitch deck that outlines the business model, market opportunity, and impact metrics. Elevar Equity prefers warm introductions but will also consider direct submissions through their website.
Response times may vary, but founders can expect to hear back within a few weeks after submission. Clear and concise communication is essential to capture the firm's interest.
In the past year, Elevar Equity has made significant strides in its investment activities. The firm has invested in two new companies, including Nia.one and Coverfox Insurance. These investments align with Elevar's focus on addressing access and inequity in emerging markets.
Elevar Equity is currently raising Fund V, targeting $225 million, with a first close already achieved at $126 million. This fund will continue the firm's mission of supporting impactful businesses in India and Latin America.
Elevar Equity has been recognized in various industry publications, including a feature by IVCA in their
What are Elevar Equity's investment criteria?
Elevar Equity focuses on businesses that address issues of access and inequity in emerging markets, particularly in sectors like healthcare, fintech, edtech, agtech, and commerce. They seek companies that demonstrate strong growth potential while contributing positively to underserved communities.
How can I apply or pitch to Elevar Equity?
Founders can submit their pitches through Elevar Equity's website at elevarequity.com. It is advisable to include a clear business model, market analysis, and impact metrics in the pitch deck.
What makes Elevar Equity different from other venture capital firms?
Elevar Equity emphasizes a human-centered approach, focusing on inclusivity and affordability in their investments. They aim to create measurable impact alongside financial returns, which sets them apart from traditional venture capital firms.
What is the geographic scope of Elevar Equity's investments?
Elevar Equity primarily invests in India and Latin America, targeting businesses that serve underserved communities in these regions.
What is the typical fund size and check size for Elevar Equity?
Elevar Equity's latest fund, Fund V, targets $225 million, with check sizes ranging from $1 million to $10 million for individual investments.
What kind of post-investment involvement does Elevar Equity have?
Elevar Equity adds value to its portfolio companies through strategic guidance, access to networks, and expertise in scaling businesses that serve underserved markets. They emphasize a collaborative approach to help entrepreneurs achieve both impact and financial success.
All trademarks, logos and brand names are the property of their respective owners. All company, product and service names used in this website are for identification purposes only. Use of these names, trademarks, and brands does not imply endorsement.