About Elevation Capital
Elevation Capital is a Financial Services company based in Delhi (India). Elevation Capital is focused on early-stage tech investments in India. It operates on a Commission-Based and Revenue Share model in Financial Services, Technology, and Consumer sectors. The company has 59 employees. Its Indian entity Light Ray Advisors Llp reported revenue of ₹172 Cr. Elevation Capital offers products and services including Venture Capital Investment and Founder Support Services. Its focus areas include Financials, Venture Capital, Early-Stage Investments and Software.
Company details
Elevation Capital is engaged in providing venture capital to early-stage technology startups across sectors like Consumer Tech, Fintech, Healthcare, B2B SaaS, AI, and Frontier Tech. Investments are made with a focus on audacious founders, supporting them from day one with expertise in finance, marketing, and technology. The firm is known for backing companies like Swiggy, Paytm, and Meesho through pivotal growth stages. Operations are based in India with a commitment to creating significant market impact.
- Headquarters Delhi, India
- Employees 59
- SectorsFinancial ServicesTechnology Consumer
- Website elevationcapital.com
- Social LinkedIn Instagram YouTube
- Legal Name Light Ray Advisors Llp
- Date of Incorporation 19 Feb, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹172 Cr
FY 2023
- Net Profit₹63.82 Cr
FY 2023 · 37% margin
- EBITDA₹97.28 Cr
FY 2023 · 56% margin
- Employee Count59
Associated legal entities of Elevation Capital
Elevation Capital operates through Light Ray Advisors Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Light Ray Advisors Llp CIN AAF-7502 | Active | 19 Feb 2016 | Bangalore, Karnataka | ₹172 Cr | 59 | 9 | View details |
Products & Services of Elevation Capital
Elevation Capital offers a comprehensive portfolio of products and services, including Venture Capital Investment and Founder Support Services.
Investments are made in early-stage tech startups.
Support is provided to founders for scaling businesses.
Apps and channels of Elevation Capital
its YouTube channel Elevation Capital has 10.1K subscribers and 30 videos.
Videos from Elevation Capital
The most watched videos on Elevation Capital's YouTube channel, Elevation Capital (10.1K subscribers). Click a video to play it here.
More on Elevation Capital.
Board of directors of Light Ray Advisors Llp (Elevation Capital)
Light Ray Advisors Llp is the primary company behind Elevation Capital. The board of Light Ray Advisors Llp currently have 9 directors; the longest-serving is Alok Goel, appointed in 2016. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Alok Goel DIN 07081910 | Partner | 19 Feb 2016 | 10 yrs 8 mo | Light Ray Advisors Llp |
| Mridul Arora DIN 03579584 | Partner | 01 Oct 2019 | 7 yrs 1 mo | Light Ray Advisors Llp |
| Mayank Khanduja DIN 03579776 | Partner | 01 Oct 2020 | 6 yrs 1 mo | Light Ray Advisors Llp |
| Vishal Satinder Sood DIN 01780814 | Partner | 01 Oct 2020 | 6 yrs 1 mo | Light Ray Advisors Llp |
| Mukul Arora DIN 01099294 | Designated Partner | 18 Oct 2023 | 3 yrs | Light Ray Advisors Llp |
| Deepak Gaur DIN 02909570 | Partner | 18 Oct 2023 | 3 yrs | Light Ray Advisors Llp |
| Vaibhav Goel DIN 06658218 | Designated Partner | 18 Oct 2023 | 3 yrs | Light Ray Advisors Llp |
| Vivek Kumar Mathur DIN 03581311 | Partner | 25 Jan 2025 | 1 yr 9 mo | Light Ray Advisors Llp |
| Ramanuj Gopalan DIN 11069683 | Designated Partner | 25 Jan 2025 | 1 yr 9 mo | Light Ray Advisors Llp |
People of Elevation Capital
25 people are tracked at Elevation Capital (16 in leadership, 9 in team); the tracked headcount is 59.
| Name | Role | Group |
|---|---|---|
Kallan H | VP, Talent Acquisition | Leadership |
Ankur Jain | VP, Finance | Leadership |
Ravi Adusumalli | Co-Managing Partner | Leadership |
| Partner | Leadership | |
| Venture Partner | Leadership | |
| Venture Partner | Leadership | |
Manish Advani | VP | Leadership |
| Partner & CFO | Leadership | |
| Partner & General Counsel | Leadership | |
Poorvi Vijay | VP | Leadership |
| Partner | Leadership | |
Pankaj Ghai | Director, Finance | Leadership |
Shubham Gupta | Associate Vice President Finance | Leadership |
Harsh Agrawal | CTO In Residence | Leadership |
Krishna Mehra | AI Partner | Leadership |
Monalisa Chakraborty | Executive Assistant To Managing Partners | Leadership |
Shweta Adhikari | Legal Counsel | Team |
Srishti Bhandari | Associate | Team |
Dipesh Jain | AVP, Talent | Team |
Sutikshan Mahajan | Finance Manager | Team |
5 more people are available in the full profile.
Complete people profiles for Elevation Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Elevation Capital
Figures of Light Ray Advisors Llp, the primary company behind Elevation Capital, for FY 2023. Revenue was ₹172 Cr. Net profit was ₹63.82 Cr (37% margin). EBITDA was ₹97.28 Cr (56% margin). Revenue has grown at a compounded annual rate of +5% over three years and +12% over five years.
- ₹172 CrRevenue · FY 2023
- ₹63.82 CrNet profit · 37% margin
- ₹97.28 CrEBITDA · 56% margin
- 59Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +12%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Light Ray Advisors Llp are on its company page.
Detailed financial statements for Elevation Capital
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Web traffic of Elevation Capital
Websites that share an audience with Elevation Capital (elevationcapital.com).
Websites whose visitors overlap most with Elevation Capital. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| infinyte.club | 100% | 2.9K | View details | ||
| speakx.ai | 100% | 5.7K | View details | ||
| salt.pe | 100% | 13.1K | #1,979,141 | View details | |
| peakxv.com | 95% | 117.2K | #235,454 | View details | |
| probo.in | 91% | 74.4K | #523,426 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Elevation Capital
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Verified entity values are shown only after access is granted.
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Related news about Elevation Capital
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Frequently Asked Questions about Elevation Capital
Elevation Capital is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Elevation Capital has 59 employees.
The primary company behind Elevation Capital, Light Ray Advisors Llp, reported revenue of ₹172 Cr for FY 2023.
Elevation Capital is engaged in providing venture capital to early-stage technology startups across sectors like Consumer Tech, Fintech, Healthcare, B2B SaaS, AI, and Frontier Tech. Investments are made with a focus on audacious founders, supporting them from day one with expertise in finance, marketing, and technology. The firm is known for backing companies like Swiggy, Paytm, and Meesho through pivotal growth stages. Operations are based in India with a commitment to creating significant market impact.
Elevation Capital offers Venture Capital Investment and Founder Support Services.
Elevation Capital operates through Light Ray Advisors Llp.
The legal entities of Elevation Capital currently have 9 directors, including Mukul Arora, Mridul Arora, Alok Goel and others.