Elevation Capital
Elevation Capital, founded in 2002 and based in Gurgaon, India, is an early-stage venture capital firm that focuses on investing in a diverse range of sectors including consumer brands, consumer technology, enterprise solutions, cryptocurrency, software as a service (SaaS), business-to-business services, financial services, and logistics. The firm manages several funds, including the SAIF Partners India Fund, which targets investments primarily in India across various industries such as software, media, education, telecom, healthcare, and travel. Elevation Capital seeks to fund companies at different stages of growth, from seed to later-stage, typically investing amounts ranging from USD 2 million to USD 75 million.
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Past deals in Dating
Schmooze Dating
Series A in 2024
Schmooze Dating is an app that has introduced a new feature called schmooze flirts which selects memes from the app's algorithm that a match is likely to laugh at and encourages users to send the meme to their match in order to start a conversation. The user has 48 hours to message the other person before the chat disappears. The app also includes icebreakers to help to get started before a match is removed.
Frnd
Series A in 2021
FRND, established in 2019 and headquartered in Bangalore, India, operates a unique social discovery platform designed to facilitate safe and positive interactions among users. The company's core product is an audio dating application that prioritizes user security and anonymity through features such as profile verification, avatars, and tools for females to report inappropriate behavior. This innovative approach aims to reimagine social media interaction by enabling users to connect with strangers in a secure environment while protecting their identity.
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