ELEVATE

Hong Kong, China Founded: 2008 • Age: 18 yrs Acquired By LRQA
Supply chain services are provided by ELEVATE for global operations.

About ELEVATE

ELEVATE is a Transportation, Automotive & Logistics company based in Hong Kong (China) founded in 2008, and was acquired by LRQA in January 2022. Supply chain services are provided by ELEVATE for global operations. The company has 62 employees. ELEVATE has completed 2 acquisitions, including CSR Asia and Laborlink. Its chief executive, as recorded, is Ian Spaulding. Its Indian entity Elevate India Business Consultants Private Limited reported revenue of ₹14.23 Cr. Its focus areas include Business Services, Supply Chain Services and Diversified.

Company details

ELEVATE was founded in 2008 and is headquartered in Hong Kong, China. Operations focus on the supply chain sector, where logistics and management solutions are delivered to support international trade. Services encompass procurement, distribution, and optimization processes tailored to diverse industries. The company maintains a presence in Asia, facilitating efficient supply networks amid regional economic dynamics. Leadership is provided by CEO Ian Spaulding.

Key Metrics
  • Indian entity revenue
    ₹14.23 Cr

    FY 2025 · +5% YoY

  • Indian entity net profit
    ₹91.1 Lakh

    FY 2025 · 6% margin

  • Indian entity EBITDA
    ₹1.43 Cr

    FY 2025 · 10% margin

  • Investors
    EQT

    & 1 more

  • Employee Count
    62
  • Investments & Acquisitions
    CSR Asia

    & 1 more

  • Acquired by
    LRQA

    & 1 more

    (Jan 2022)

Investors in ELEVATE

ELEVATE has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include EQT and LRQA.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
EQT is recognized as a global investment organization focused on value creation.
1994eqtgroup.comStockholm, Sweden
Provider of assurance, certification, inspection, and training services
1996lrqa.comUnited Kingdom
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Investor details for ELEVATE

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Board of directors of Elevate India Business Consultants Private Limited (ELEVATE)

Elevate India Business Consultants Private Limited is the primary company behind ELEVATE. The board of Elevate India Business Consultants Private Limited currently have 3 directors; the longest-serving is Satish Singh, appointed in 2020. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Satish Singh
DIN 08385988
Director15 Apr 20206 yrs 6 moElevate India Business Consultants Private Limited
Yuvraj Shivaji Jadhav
DIN 07246565
Director19 Jan 20242 yrs 9 moElevate India Business Consultants Private Limited
Sulakshana Mukesh Todankar
DIN 10876184
Director06 Jan 20251 yr 9 moElevate India Business Consultants Private Limited

People of ELEVATE

188 people are tracked at ELEVATE (58 in leadership, 130 in team); the tracked headcount is 62.

NameRoleGroup
Ian Spaulding
CEOLeadership
Lin Chen
Head Of Data Science & AILeadership
Pratip Chaudhuri
Head Of Business IntelligenceLeadership
Daniel Waller Fcipd
Global Head Of RewardLeadership
Nigel M.
Business Director - Retail, Hospitality, Seafood & AgricultureLeadership
Chris Lee
Global Head Of Advisory BusinessesLeadership
Kaye Mistry
Global Head Of Talent AcquisitionLeadership
Jennifer Winter
Associate Director, North America, Assessment, CustomerLeadership
Pravin Chavan
Sales Head - IndiaLeadership
Kerry Richardson
Head Of Learning And DevelopmentLeadership
Paul T.
Head Of Value Management OfficeLeadership
James Pinder
Finance Director, LRQALeadership
Ian Harrison
Global Head Of Technical Account ManagementLeadership
Raj Kaur
Chief People OfficerLeadership
Caroline Blackburn Huijgen
Head Of Global PayrollLeadership
Alison Latham
Global Head Of People ServicesLeadership
Carolin Shaw
Global Head Of HR Business EnablementLeadership
David Derrick
Head Of Service Delivery, AssessmentsLeadership
Naomi Armitage
Global Head Of Employee ExperienceLeadership
Wim Den Dekker
Global Head Of Colleague AdvocacyLeadership

168 more people are available in the full profile.

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Financials of ELEVATE

Figures of Elevate India Business Consultants Private Limited, the primary company behind ELEVATE, for FY 2025. Revenue was ₹14.23 Cr (+5% year on year). Net profit was ₹91.1 Lakh (6% margin). EBITDA was ₹1.43 Cr (10% margin). Revenue has grown at a compounded annual rate of +18% over three years and +13% over five years.

  • ₹14.23 CrRevenue · FY 2025 · +5% YoY
  • ₹91.1 LakhNet profit · 6% margin
  • ₹1.43 CrEBITDA · 10% margin
  • ₹15 LakhPaid-up capital
  • 66Employees (provident fund records)
  • +18%Revenue CAGR, 3 years
  • +13%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Elevate India Business Consultants Private Limited are on its company page.

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Detailed financial statements for ELEVATE

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Investments & Acquisitions by ELEVATE

ELEVATE has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include CSR Asia and Laborlink.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Employee feedback is collected via cloud-based survey platform.
mylaborlink.orgSan Francisco, United States2012Aug 2017••••
Provider of supply chain services
csr-asia.comHong Kong, China2004Feb 2017••••
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Complete acquisition details for ELEVATE

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Timeline of ELEVATE

5 dated milestones of ELEVATE across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded ELEVATE is founded.
  2. Exit Acquired by EQT.
  3. Acquisition Acquires CSR Asia.
  4. Acquisition Acquires Laborlink.
  5. Exit Acquired by LRQA.
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Related news about Elevate

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Frequently Asked Questions about ELEVATE

ELEVATE was founded in 2008.

ELEVATE is headquartered in Hong Kong, China.

Ian Spaulding is the CEO of ELEVATE, as recorded in our data.

ELEVATE has 62 employees.

The primary company behind ELEVATE, Elevate India Business Consultants Private Limited, reported revenue of ₹14.23 Cr for FY 2025, up 5% year on year.

ELEVATE was founded in 2008 and is headquartered in Hong Kong, China. Operations focus on the supply chain sector, where logistics and management solutions are delivered to support international trade. Services encompass procurement, distribution, and optimization processes tailored to diverse industries. The company maintains a presence in Asia, facilitating efficient supply networks amid regional economic dynamics. Leadership is provided by CEO Ian Spaulding.

ELEVATE has made 2 acquisitions, including CSR Asia, and Laborlink.

ELEVATE has 2 investors. Key investors include EQT, and LRQA.

ELEVATE operates through Elevate India Business Consultants Private Limited.

Yes. ELEVATE was acquired by LRQA in January 2022.

The legal entities of ELEVATE currently have 3 directors, including Satish Singh, Yuvraj Shivaji Jadhav, Sulakshana Mukesh Todankar.

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