Venture CapitalLeo Capital
StagesPre-Series A
SectorsSaaS / Enterprise, Fintech, Consumer / D2C · Early-stage builders, Founder-led / operator capital
Ticket$500K – $3M
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Venture Capital
Venture CapitalElev8 Venture Partners
Back profitable, product-market-fit growth-stage tech companies expanding via overseas expansion, inorganic acquisition, tech-team and CXO hiring or pre-IPO scaling; a research- and data-driven, hands-on partnership model. India's first 'Pro Rata' fund, accessing oversubscribed rounds of top tech companies alongside top-tier growth funds.
01, Snapshot
At a glance
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02, Focus
Where they invest
Stages and sectors this investor typically backs.
03, Thesis
Investment thesis
Themes this investor is mapped to across the VC Dekho directory.
Back profitable, product-market-fit growth-stage tech companies expanding via overseas expansion, inorganic acquisition, tech-team and CXO hiring or pre-IPO scaling; a research- and data-driven, hands-on partnership model. India's first 'Pro Rata' fund, accessing oversubscribed rounds of top tech companies alongside top-tier growth funds.
Early-stage buildersFounder-led / operator capitalTech-first / product companiesIndia-first / BharatCategory creatorsGrowth & scale-upsDeep science / hard techFintech / embedded financeSaaS / B2B softwareConsumer / D2C brandsSeries A / PMF capitalBootstrapped / profitability-firstSoutheast Asia + India
All themes →04, Portfolio
Portfolio companies
15 companies mapped to this fund.
05, Story
About Elev8 Venture Partners
Background and context for founders evaluating this investor.
Elev8 Venture Partners is a Bengaluru-based, growth-stage venture firm founded in 2022 and led by co-founder and Managing Director Navin Honagudi, who previously spent over a decade as a partner at Kae Capital, where he invested in 50-plus companies including Paytm, Shiprocket and Vedantu. Elev8 runs a $200 million India-focused, sector-agnostic fund (with a debut close around $160 million), licensed as a SEBI Category-II AIF with a green-shoe option, and concentrates on Series B and C rounds in profitable, technology-driven companies that have established product-market fit and are scaling, whether for overseas expansion, inorganic acquisitions, technology-team and CXO hiring, or positioning for an eventual IPO. Ticket sizes run $5–15 million across a focused portfolio of roughly 12–14 companies, spanning consumer internet, SaaS, B2B platforms and fintech, and the firm describes itself as India's first 'Pro Rata' fund, accessing oversubscribed rounds alongside top-tier growth investors via proprietary data-driven algorithms. Elev8 is anchored by South Korea's KB Investment (part of KB Group), which committed around $100 million and supports Southeast Asia expansion, and is institutionally backed by early-stage platform Venture Catalysts. Its portfolio includes smallcase, identity-verification firm IDfy, spiritual-tech platform AstroTalk and no-credit-card EMI provider Snapmint, with the broader team's track record including exits such as BluSmart and ReshaMandi.
Elev8 runs a $200 million India-focused, sector-agnostic fund (with a debut close around $160 million), licensed as a SEBI Category-II AIF with a green-shoe option, and concentrates on Series B and C rounds in profitable, technology-driven companies that have established product-market fit and are scaling, whether for overseas expansion, inorganic acquisitions, technology-team and CXO hiring, or positioning for an eventual IPO.
Notes
Bengaluru. Founded 2022 by Navin Honagudi (ex-Kae Capital partner, 10+ yrs; 50+ investments incl Paytm/Shiprocket/Vedantu) & Abhisekh Shah. $200M fund (debut close ~$160M), SEBI Cat-II AIF + green-shoe; 12–14 investments planned. Anchored by KB Investment (South Korea's KB Group, ~$100M / 20%). Institutionally backed by Venture Catalysts (VCats group's 4th fund). Portfolio: smallcase, IDfy, AstroTalk (INR 110 Cr), Snapmint; exits incl. BluSmart, ReshaMandi.
Data confidence: Verified (web sources, 2022–25)
06, Investors
Investors at Elev8 Venture Partners
Partners and principals mapped to this fund in the directory.
07, Recent rounds
Disclosed funding rounds with Elev8 Venture Partners
Publicly announced startup rounds in the VC Dekho funding tracker that name this fund.
08, Nearby
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Other funds that overlap on stage, sector, or thesis.
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