Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer

Tuesday, July 14, 2026 - 13:51
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Through its ninth India fund, Elevation will back early-stage startups building AI-led businesses tackling India's large, operationally complex challenges in healthcare, education, and financial services. It will also invest in global AI software companies being built from India, alongside deeptech startups in areas such as space, defence, robotics, energy, and precision manufacturing.

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