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 Series H
Rivigo
Series H in 2022
Rivigo is a technology-enabled logistics platform founded in 2014 by Deepak Garg and Gazal Kalra in Gurgaon, Haryana. The company specializes in providing transport services across various sectors, including e-commerce, automotive, and food. Rivigo's full-stack logistics solutions encompass relay-led trucking and a digital freight marketplace, allowing clients to optimize their operations with reduced turnaround times and enhanced reliability. The platform connects shippers with carriers, utilizing advanced technology such as artificial intelligence to streamline communication and logistics management. Rivigo Labs, the company's dedicated technology division, comprises skilled data scientists and engineers who develop innovative applications to transform the logistics industry. Their initiatives include predictive modeling for consignment tracking and dynamic pricing engines, all aimed at creating a fully digital and transparent freight ecosystem. Through its services, Rivigo not only enhances operational efficiency for businesses but also aims to improve the quality of life for truck drivers.
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