About Elevar Sports
Elevar Sports is a Retail company based in Mumbai (India) founded in 2017. Retailer of sneakers, sports shoes, flip-flops, slides, and sports apparel. It operates in the Retail and Media & Entertainment sectors. Elevar Sports has raised $4.05 million across 3 funding rounds from investors including Dream Sports, Marwah Steels and Kalaari Capital. The company has 14 employees. Elevar Sports was last valued at $8.02 million in August 2021. Its chief executive, as recorded, is Rohit Bhaskar. Its website elevarsports.com draws about 80 thousand monthly visits. Its Indian entity Elevar Sports Private Limited reported revenue of ₹6.37 Cr. Its focus areas include Consumer, Sports Tech, E-Commerce and Multi Sports.
Company details
Elevar Sports was established in 2017 in Mumbai, India, within the sports retail sector. Footwear options, including sneakers, sports shoes, flip-flops, and slides, are supplied for all-purpose, everyday, running, and casual applications. Apparel featuring lightweight, breathable, and moisture-wicking fabrics is provided alongside cricket bats and associated sporting equipment. Operations focus on retail distribution in the Indian market.
- Headquarters Mumbai, India
- Employees 14
- Stage Minicorn
- SectorsRetailMedia & Entertainment
- Website category Sports · Fantasy Sports
- Email••••••••
- Phone•••• ••••
- Website elevarsports.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Elevar Sports Private Limited
- Date of Incorporation 26 Oct, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹6.37 Cr
FY 2024 · -21% YoY
- Net Loss-₹5.78 Cr
FY 2024 · -91% margin
- EBITDA-₹5.71 Cr
FY 2024 · -90% margin
- Total Equity Funding$4.05M (USD)
in 3 rounds
- Latest Funding Round$2.58M (USD), Series A
Aug 2021
- InvestorsDream Sports
& 28 more
- Employee Count14
Associated legal entities of Elevar Sports
Elevar Sports operates through Elevar Sports Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elevar Sports Private Limited CIN U36999MH2017PTC301189 | Active | 26 Oct 2017 | Mumbai, Maharashtra | ₹6.4 Cr | 14 | 2 | View details |
Apps and channels of Elevar Sports
its YouTube channel ELEVAR has 490 subscribers and 5 videos.
Videos from Elevar Sports
The most watched videos on Elevar Sports's YouTube channel, ELEVAR (490 subscribers). Click a video to play it here.
More on ELEVAR.
Funding Insights of Elevar Sports
Elevar Sports has successfully raised a total of $4.05M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.58 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $4.05M
- Total Rounds 3
- Last Round Series A — $2.58M
- First Round $110,318
(Sep 2018)
- Investors Count 29
All 3 funding rounds of Elevar Sports with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2021 | $2.58M | Series A | $8.02M | Kalaari Capital | |
| May 2019 | $1.36M | Seed | $7M | Parth Jindal, Semine Fazalbhoy | |
| Sep 2018 | $110,318 | Seed | $••••• | Semine Fazalbhoy |
| Date | Valuation | Stage |
|---|---|---|
| Aug 2021 | $8.02M | •••••••• |
| May 2019 | $7M | •••••••• |
| Sep 2018 | $••••• | •••••••• |
Full valuation and stage history of Elevar Sports
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $8.02M (Aug 2021). 29 investors in total: 4 institutional and 25 angel.
Investors in Elevar Sports
Elevar Sports has secured backing from 29 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Dream Sports, Marwah Steels and Kalaari Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments in early-stage technology companies are made by Kalaari Capital. | kalaari.com | Bengaluru, India | ||
Financial, accounting, and tax services are provided to clients. | dreamcapital.ch | Winterthur, Switzerland | ||
Operator of a multifaceted platform for sports content and experiences | 2008 | dreamsports.group | Mumbai, India | |
Commercial spaces and steel-related products are developed in India. | 1961 | marwah.in | Mumbai, India | |
PJ Parth Jindal | unknown_f8fc1051ddd94130b | |||
SF Semine Fazalbhoy | unknown_2d4cc4673d9340a78 | |||
RS Rannvijay Singha | unknown_31d64833d6494d8e9 | |||
AS Akshay Sunilkumar Sethi | unknown_9ea28f21a559422b9 | |||
MK Madhavan K Menon | unknown_278f9de515444443a | |||
HP Hiten Pravin Shah | unknown_53f939a737f14248b |
Investor details for Elevar Sports
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Elevar Sports Private Limited (Elevar Sports)
Elevar Sports Private Limited is the primary company behind Elevar Sports. The board of Elevar Sports Private Limited currently have 2 directors; the longest-serving is Rohit Bhaskar, appointed in 2024. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohit Bhaskar DIN 09215783 | Director | 16 Oct 2024 | 2 yrs | Elevar Sports Private Limited |
| Tanay Girish Shah DIN 11342752 | Additional Director | 16 Oct 2025 | 1 yr | Elevar Sports Private Limited |
People of Elevar Sports
1 people are tracked at Elevar Sports (1 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
| CEO | Leadership |
Complete people profiles for Elevar Sports
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Elevar Sports
Figures of Elevar Sports Private Limited, the primary company behind Elevar Sports, for FY 2024. Revenue was ₹6.37 Cr (-21% year on year). Net loss was -₹5.78 Cr (-91% margin). EBITDA was -₹5.71 Cr (-90% margin). Revenue has grown at a compounded annual rate of +31% over three years and +42% over five years.
- ₹6.37 CrRevenue · FY 2024 · -21% YoY
- -₹5.78 CrNet loss · -91% margin
- -₹5.71 CrEBITDA · -90% margin
- ₹22.7 LakhPaid-up capital
- 14Employees (provident fund records)
- +31%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Elevar Sports Private Limited are on its company page.
Detailed financial statements for Elevar Sports
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Elevar Sports
4 dated milestones of Elevar Sports across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Elevar Sports is founded.
- Funding First funding round of $110K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $2.6M.
Web traffic of Elevar Sports
The website of Elevar Sports (elevarsports.com) receives about 79.7K visits a month and ranks #233,198 among all websites worldwide, #7,619 in Fantasy Sports.
- Monthly visits79.7K
▼ 44.3% vs previous month
- Unique visitors69.9K
per month
- Global rank#233,198
among all websites
- Category rank#7,619
Sports · Fantasy Sports
- Bounce rate20%
- Pages per visit4.2
- Average visit55 sec
- DevicesDesktop 3% · Mobile 97%
Websites whose visitors overlap most with Elevar Sports. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| dsc-cricket.com | 100% | 137.2K | #235,899 | View details | |
sstoncricket.com | sstoncricket.com | 92% | #248,347 | – | |
| elevarequity.com | 56% | 15.4K | #1,715,832 | View details | |
| google.com | 46% | 85.8B | #1 | View details |
Top companies in Fashion & Lifestyle E-Commerce
3 companies that operate in the same segment as Elevar Sports (Fashion & Lifestyle E-Commerce) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Eyewear is offered online for men, women, and kids. | 2010 | Gurugram, Haryana, India | USD 1.04 B | USD 939.4 M | 18,984 | |
Fashion and lifestyle products are offered via an online marketplace. | 2007 | Bengaluru, Karnataka, India | USD 123.71 M | USD 639.15 M | 1,031 | |
Gold and silver jewellery, lab-grown diamonds, and accessories are retailed. | 2019 | Bengaluru, Karnataka, India | USD 144.58 M | USD 32.66 M | 711 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Elevar Sports
Complete news archive for Elevar Sports
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Elevar Sports
Elevar Sports was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Elevar Sports is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Rohit Bhaskar is the CEO of Elevar Sports, as recorded in our data.
Elevar Sports is a funded company, having raised a total of $4.05M across 3 funding rounds to date. The company's 1st funding round was a Seed of $110.32K, raised on Sep 2018.
Elevar Sports has 14 employees.
The primary company behind Elevar Sports, Elevar Sports Private Limited, reported revenue of ₹6.37 Cr for FY 2024, down 21% year on year.
Elevar Sports was established in 2017 in Mumbai, India, within the sports retail sector. Footwear options, including sneakers, sports shoes, flip-flops, and slides, are supplied for all-purpose, everyday, running, and casual applications. Apparel featuring lightweight, breathable, and moisture-wicking fabrics is provided alongside cricket bats and associated sporting equipment. Operations focus on retail distribution in the Indian market.
Elevar Sports has 29 investors. Key investors include Dream Sports, Marwah Steels, Kalaari Capital, Dream Capital, and Parth Jindal.
The valuation of Elevar Sports is $8.02M as of Aug 2021.
Elevar Sports operates through Elevar Sports Private Limited.
The legal entities of Elevar Sports currently have 2 directors, including Rohit Bhaskar, Tanay Girish Shah.