Funding
Elev8 Venture Partners marks $160 million close of maiden fund
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Elev8 Venture Partners, a venture capital firm founded by former Kae Capital partner Navin Honagudi, has closed its maiden fund at Rs 1,400 crore (around $160 million) to invest in companies in consumer internet, enterprise software, and fintech sectors.
The fund counts institutions from South Korea, Hong Kong and India among its backers, alongside sovereign funds, family offices and several unicorn founders. South Korea-based KB Investment is the anchor limited partner, while Self Reliant India Fund has also contributed capital to the fund.
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