VC firm
Elevation Capital (India)
Also known as Light Ray Advisors LLP
- Investor type
- VC
- Investing status
- Activeas of 2026-09-28
- Headquarters
- Gurugram, Haryana, India
- Legal name
- Light Ray Advisors LLP
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Record updated 30 September 2026
About
Elevation Capital is an India-focused venture capital firm (formerly SAIF Partners India) that has invested for over 20 years, partnering with founders from seed through growth stage. It invests across Consumer Tech, Consumer Brands, Fintech & Financial Services, Enterprise AI, Frontier Tech and Healthcare, with a stated policy of not making competing investments in the same category ("One of One"). The firm is headquartered in Gurugram (Delhi-NCR) with a second office in Bengaluru, India.
Investment approach
- Investing status notes
- Home page promotes “Elevation Fund IX: For Audacious Founders Building an Unstoppable India” as latest media, and site actively lists current team/portfolio/perspectives.
Locations
- Headquarters
- Gurugram, Haryana, India
- Office
- Bengaluru, Karnataka, India
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