About Elever
Elever is a company based in Bengaluru (India) founded in 2020 by Santosh Aiyar, Karan Aggarwal, Ramakrishnan Subramaniam, and Anshul Sharan. Elever has raised $4.76 million across 12 funding rounds from investors including We Founder Circle, Solfin and Spafid. The company has 1 employees as of April 06, 2024. Elever offers products and services including PMS. Elever operates in a competitive market with competitors including Kristal, Wahed, FundExpert, Orowealth and Goalwise, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 06 Apr, 2024
- Founders Santosh Aiyar, Karan Aggarwal, Ramakrishnan Subramaniam, Anshul Sharan
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Elever Investment Adviser Private Limited
- Date of Incorporation 15 Sep, 2020
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$5.82 K (USD)131.14as on Mar 31, 2023
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Net Profit
-$615.68 K (USD)-352.67as on Mar 31, 2023
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EBITDA
-$691.76 K (USD)-346.33as on Mar 31, 2023
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Total Equity Funding
$4.76 M (USD)
in 12 rounds
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Latest Funding Round
$1.1 M (USD), Seed
Aug 12, 2025
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Investors
We Founder Circle
& 53 more
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Employee Count
1
as on Apr 06, 2024
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Products & Services of Elever
Elever offers a comprehensive portfolio of products and services, including PMS.
Manages investment portfolios and provides advisory for securities market risks.
People of Elever
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Funding Insights of Elever
Elever has successfully raised a total of $4.76M across 12 strategic funding rounds. The most recent funding activity was a Seed round of $1.1 million completed in August 2025. 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.
Investors in Elever
Elever has secured backing from 54 investors, including angel, institutional, and venture fund investors. Prominent investors backing the company include We Founder Circle, Solfin and Spafid.
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Investment in early-stage startups and global community support.
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Investments in early-stage startups are made by Brand Capital.
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Arnia Fiduciaria is engaged in providing fiduciary services.
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Investor details for Elever
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Investments & Acquisitions by Elever
Investment portfolio details for Elever
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Financial Statements - Elever
Detailed financials for Elever
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Elever Comparisons
Peer comparison for Elever
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Competitors of Elever
Elever operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kristal, Wahed, FundExpert, Orowealth and Goalwise, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI-based asset management is offered for individual investors.
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Shariah-compliant investments and savings are offered to individuals.
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Automated mutual fund investing platform
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Platform for alternative asset and mutual fund investments is provided.
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Goal-based investing platform
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Detailed competitors of Elever
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Latest news on Elever
Complete news archive for Elever
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Frequently Asked Questions about Elever
Elever was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Elever is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Anshul Sharan is the current CEO of Elever. They have also founded this company.
Elever is a funded company, having raised a total of $4.76M across 12 funding rounds to date.
As of Apr 06, 2024, the latest employee count at Elever is 1.
Annual revenue of Elever is $5.82K as on Mar 31, 2023.
Elever was founded in 2020 in Bengaluru, India, as an app-based platform focused on goal-based investments within the fintech sector. Customized investment goals are provided to link future aspirations with current finances. Portfolios are constructed directly in stocks and ETFs. Investments are monitored and safeguarded against market risks and personal events. Operations are centered on user-centric financial planning tools.
Elever's top competitors include Kristal, Wahed and FundExpert.
Elever offers PMS.
Elever has 54 investors. Key investors include We Founder Circle, Solfin, Spafid, Alessandro Baroni, and Vanessa Maccan.
The valuation of Elever is $9.51M as of Oct 2024.