Series F

Corporate Round

Unknown Series Round

Series D

Series E

Bangalore

Series B

Series C

Navin Honagudi

Ashwini Khemka

Elev8 Venture Partners: Leading investments in technology. Explore their portfolio and funding activity on Lucidity Insights.

Elev8 Venture Partners

Elev8 Venture Partners is an India-focused growth-stage venture capital firm that invests in Series B and C rounds, dedicated to empowering visionary entrepreneurs and high-growth Indian businesses.

Pre-IPO

Zetwerk

Consumer Goods

Manufacturing

Marketplace

Zetwerk operates a business-to-business marketplace for manufacturing items.

Porter

Logistics & Storage

Delivery Services

Transportation

Porter is an online logistics platform that allows businesses to book mini trucks/tempo on demand, offering reliable, economical service with real-time ride tracking.

Gurugram

Debt Financing

E-Commerce

Pharmaceuticals

Health Care

Analytics

Tata 1mg, India’s leading healthcare platform, is on a mission to provide a seamless healthcare experience by bringing care to health.

Mumbai

Snapmint

Consumer Lending

Financial Services

Payments

Snapmint is India’s leading EMI payment company and EMI e-commerce app, built for Young & Aspirational India.

smallcase

Finance

IDfy

IT & Communication

After acquiring a majority stake last year, Tata Digital has infused new capital in the online medicine ordering and pathology platform 1mg. This would be the first major infusion by Tata Digital in 1mg in FY23.

The board at 1mg has passed a special resolution to allot 30,992 equity shares at an issue price of Rs 1,03,047 per share to raise Rs 319.4 crore or $40 million, regulatory filings with the Registrar of Companies (RoC) show.

Exclusive: Tata Digital leads $40 Mn worth infusion in 1mg

Online pharmacy startup Tata 1mg has become the country’s 107th unicorn after raising close to $40 Mn in a funding round led by Tata Digital. The other participants in the round were KWE Beteiligungen AG, HBM Healthcare Investments, among others, according to a regulatory filing.

As per Inc42’s calculations, the Gurugram-headquartered epharmacy and telemedicine startup was valued at $1.09 Bn in the funding round. 

Tata Digital infused around $32 Mn in the latest round in exchange for 24,711 equity shares of Tata 1mg.

Tata 1mg Turns Unicorn After Raising $40 Mn In Funding Round Led By Tata Digital

Manufacturing marketplace ﻿Zetwerk﻿ has secured a Series F funding of Rs 967 crore ($118 million) from Avenir Growth Capital and Footpath Ventures, as per a report by Entrackr. The Bengaluru-based company's board passed a resolution to issue 2.37 crore Series F2 compulsory convertible preference shares at an issue price of Rs 407.4 per share to raise Rs 966.7 crore or $118 million, the report said citing a filing with the Registrar of Companies (RoC). Avenir Capital led the round with Rs 617 crore ($75.2 million) while Footpath Ventures invested Rs 193 crore ($23.5 million). Investors Greenoaks Capital, Steadview Capital, D1 Capital, and Lightspeed invested Rs 156 crore together in the funding round, as per the report.

Zetwerk raises $118M in Series F funding at flat valuation: Report

On-demand logistics company ﻿Porter﻿ has raised Rs 750 crore in its Series E funding round led by Tiger Global Management and Vitruvian Partners, with participation from existing investors — Sequoia Capital India and Lightrock India.

Intra-city logistics company Porter raises Rs 750 Cr led by Tiger Global, Vitruvian Partners

On-demand intra-city logistics provider Porter has raised ₹750 crore in a Series E funding round led by Tiger Global Management and Vitruvian Partners.
Existing investors Sequoia Capital and Lightrock India also took part in the round.

Porter raises ₹750 cr from investors led by Tiger, Vitruvian at a valuation of ₹3,750 cr

As the Indian startup ecosystem strengthens and grows, a lot of investor activity has seen a resurgence. In the latest move, mid-stage investment firm Elev8 Venture Partners has scooped up shares in Porter, a logistics startup that is worth more than a billion dollars, regulatory documents and sources revealed to IndianStartupNews (ISN).
This gives Elev8 a small ownership in the company which is preparing to go public over the next 18 months or so. Handsome returns can be expected despite late-stage entry. 
The round details come months after Porter announced a gigantic $200 million round from Kedaara and Wellington at a unicorn valuation.

Elev8 Venture Partners scoops up Porter shares for $25 million

Elev8 Venture Partners has recently acquired shares worth $25 million in Porter, a logistics unicorn that has quickly emerged as one of India’s most promising startups. This strategic investment, confirmed through regulatory filings and industry sources, highlights a rare move for a mid-stage venture capital firm to enter a late-stage company. The decision is noteworthy, given that Porter is not only valued at over $1 billion but is also preparing for an Initial Public Offering (IPO) within the next 18 months

Elev8 Venture Partners acquires Porter shares worth $25M

India’s vibrant startup world just got a fresh boost with Elev8 Venture Partners snapping up shares in Porter, the popular on-demand logistics app. This $25 million deal highlights the growing confidence in Indian tech firms and could pave the way for more exciting investments.

Elev8 Venture Partners Makes Bold Move with $25 Million Purchase of Porter Shares

Online investment platform smallcase has raised $50 million in a Series D funding round led by Elev8 Venture Partners.

The round also saw participation from State Street Global Advisors, Niveshaay AIF, Faering Capital, and Arkam Ventures.

Elev8 Venture Partners

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 10 sectors we invest in

Portfolio Companies
or Investments

Executive Team Members

Elev8 Venture Partners

Funding Deals, by Startup Growth Stage

Funding Deals, by Region

No. of Portfolio Companies

Total No. of Investments Globally, by Year

We Invest in Startups in the Following Stages

Statistics

Sectors we invest in

Top 10 sectors we invest in

Portfolio Companies or Investments

Executive Team Members

Portfolio Companies
or Investments