About Elev8 Venture Partners
Elev8 Venture Partners is a venture capital firm founded in 2022. It is primarily based out of Bengaluru, India. As of Aug 2026, Elev8 Venture Partners is an active investor, having invested in 10 companies, with 5 new investments in the last 12 months. It primarily invests in Series A round in India based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to FinTech and Consumer. Most recently it participated in the $***** Series B round of Nexedge Capital Overall, Elev8 Venture Partners portfolio has seen 2 unicorns, namely Astrotalk and Porter. A lot of funds co-invest with Elev8 Venture Partners, with names like L N Bangur Group sharing a substantial percentage of its portfolio. Elev8 Venture Partners has team of 25 people including 6 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 5 more
Deals in last 12 months
Elev8 Venture Partners' List of Top Investments
Elev8 Venture Partners has a portfolio of 10 companies, including 2 unicorns. Their most notable investments are in Idfy and Fullife.Their portfolio spans across and India. They have invested in Enterprise Applications, FinTech, Consumer and 11 other sectors, across stages such as Series A, Series B and 5 more. Here is the list of top investments by Elev8 Venture Partners:
1. smallcase
Provider of a digital wealth management platform. It enables retail investors to build and manage long-term portfolios across multiple asset classes. The platform offers expert-managed model portfolios , direct mutual funds, stocks, ETFs, fixed deposits, and investment-backed credit, allowing users to invest through their existing brokerage accounts. It also provides portfolio tracking, AI-powered wealth insights, investment scoring, portfolio creation tools, and net worth management capabilities.
Key facts about smallcase
- Founded Year: 2015
- Location: Bengaluru (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $100M
- Employee Count: 367 as on Apr 30, 2026
- Investors: Amazon, State Street Global Advisors and 58 Others
- Latest Funding Round: Series D, Mar 27, 2025, $*****
- Highlight: Editors' Pick
2. Astrotalk
Provider of online consultations for astrology and related spiritual services. The platform facilitates connections between individuals and practitioners for sessions regarding horoscopes, birth charts, and planetary alignments. Offerings include text and voice communication for guidance on personal matters. Users access tools for calculating compatibility, numerology, and auspicious timing based on traditional practices. The service provides access to various spiritual products and educational content related to occult sciences.
Key facts about Astrotalk
- Founded Year: 2017
- Location: Noida (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $30.3M
- Employee Count: 2,511 as on Aug 31, 2026
- Investors: Left Lane Capital, Elev8 Venture Partners and 3 Others
- Latest Funding Round: Series A, Apr 30, 2024, $*****
- Highlight: Editors' Pick
3. Snapmint
Online retailer of electronics, appliances, fashion, and home and kitchenware. It provides options for customers to purchase items using installment plans. The business facilitates online sales and fraud detection for merchant partners. It offers options for payment and delivery of purchased goods.
Key facts about Snapmint
- Founded Year: 2017
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $181M
- Employee Count: 98 as on Aug 31, 2025
- Investors: Kalysta Capital, General Atlantic and 178 Others
- Latest Funding Round: Series A, 2025, $*****
- Highlight: Editors' Pick
4. Porter
Provider of on-demand logistics and goods transportation services. The company offers a range of transportation solutions including intra-city goods movement, packing and moving services, and enterprise logistics management. Through a digital platform, it facilitates the booking of various vehicle types for the transport of commercial and personal goods. The service supports businesses and individuals with supply chain management, distribution, and relocation needs.
Key facts about Porter
- Founded Year: 2014
- Location: Bengaluru (India)
- Annual Revenue: ₹1,000+ Cr as on Mar 31, 2026
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $198M
- Employee Count: 2,027 as on Aug 31, 2025
- Investors: Vitruvian Partners, Magnetic and 57 Others
- Latest Funding Round: Series F, Jan 15, 2026, $*****
- Highlight: Editors' Pick
5. Idfy
Provider of a platform for identity verification and risk management. The platform offers tools for customer and workforce governance throughout their lifecycle. It focuses on frictionless onboarding, verifiable identities, and faster revenue generation. The platform aims to reduce onboarding friction, prevent fraud, and accelerate time-to-revenue. It helps detect and mitigate risk in real time, reducing financial and operational losses. The platform also transforms compliance into a growth engine through centralized automation.
Key facts about Idfy
- Founded Year: 2011
- Location: Mumbai (India)
- Annual Revenue: ₹100 - ₹500 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $85.7M
- Employee Count: 697 as on Aug 31, 2025
- Investors: Trifecta Capital, NB Ventures and 41 Others
- Latest Funding Round: Series F, Jun 22, 2026, $*****
- Highlight: Editors' Pick
Elev8 Venture Partners' Year-on-Year Investment Trends
In 2025, it made 4 investments, while as of Aug 2026, it has made 5 investments in this year. Its most recent first time investment was in Nexedge Capital and most recent follow-on round was in Snapmint.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 5 | 0 | 5 |
2025 | 3 | 1 | 4 |
2024 | 2 | 0 | 2 |
Elev8 Venture Partners' Investments by Stage
Elev8 Venture Partners has made 2 investments in Series A stage with an average round size of $8.45M, 2 investments in Series B stage with an average round size of $67.5M and 2 investments in Series D stage with an average round size of $30.5M.Stage of entry | No. of Investments |
|---|---|
Series A | 2 |
Series B | 2 |
Series D | 2 |
Seed | 1 |
Series C | 1 |
Others | 2 |
Note: We have considered here, only first round of investments
Elev8 Venture Partners' Investments by Sector
Elev8 Venture Partners has a diverse portfolio, with companies operating in the Financial Services, Consumer, FinTech, Enterprise Applications and Transportation and Logistics Tech. Notably, it has invested in 9 Tech companies, 7 Consumer (B2C) companies, 7 Enterprise (B2B) companies and at least 3 companies focusing on Software.Sector | No. of Investments |
|---|---|
Financial Services | 4 |
Consumer | 3 |
FinTech | 3 |
Enterprise Applications | 2 |
Transportation and Logistics Tech | 2 |
Others | 11 |
Note: We have considered here, only first round of investments
Elev8 Venture Partners' Investments by Geography
Elev8 Venture Partners has made most investments in India (10).Elev8 Venture Partners' recent investments
Elev8 Venture Partners has made 5 investments in 2026 so far. Nexedge Capital and Rideriver are the latest among them.Here are the most recent investments by Elev8 Venture Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 25, 2026 | India | Series B | 1467 | ||
Aug 05, 2026 | India | Series C | 6645 | [+12] | |
2026 | India | Seed | 6771 | - | |
Jul 01, 2026 | India | Series A | 6176 | - | |
Mar 25, 2026 | India | Series D | 1026 |
Unicorns in Elev8 Venture Partners' Portfolio
Elev8 Venture Partners has 2 unicorns in its portfolio - Astrotalk and Porter. The most recent unicorn in their portfolio is Astrotalk. It became a unicorn in 2026, 2 years after Elev8 Venture Partners first invested in it.Here is a list of unicorns in Elev8 Venture Partners' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
80 | Provider of online consultations for astrology and related spiritual services | 2017 | Noida | Series A | apa{fhc | ||
76 | Provider of on-demand logistics and goods transportation services | 2014 | Bengaluru | Series F | jign{dv |
Team profile of Elev8 Venture Partners
Elev8 Venture Partners has a team of 25 members including 6 Partners, 1 Venture Partner and 3 Principals located in India, China and 1 more location. Elev8 Venture Partners' team does not sit on the board of any company as of now.Here is a list of top team members in Elev8 Venture Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mumbai | - | ||
Partner | Mumbai | - | ||
Partner | Bengaluru | - | ||
Partner | Seoul | - | ||
Partner | Hong Kong | - | - | |
Partner | Bengaluru | - | ||
Venture Partner | Kolkata | - | - | |
Principal | Bengaluru | - | ||
Principal | Bengaluru | - | ||
Principal | Mumbai | - |
Co-investors of Elev8 Venture Partners
Over the past 2 years, 387 investors have co-invested in Elev8 Venture Partners's portfolio companies. This includes funds and angels.
- Invested before Elev8 Venture Partners: Beenext, Blume Venture and 322 others have invested in rounds before Elev8 Venture Partners. There are 2 companies where Beenext has invested before Elev8 Venture Partners and 2 companies where Blume Venture has invested before Elev8 Venture Partners.
- Top Co-investors of Elev8 Venture Partners: 57 investors entered a company along with Elev8 Venture Partners. These include investors like L N Bangur Group (2 companies).
- Invested after Elev8 Venture Partners: A total of 6 investors have invested in Elev8 Venture Partners's portfolio after their investments. Top Investors include IndiaMART (1 company), Neo Asset Management (1 company) and Analog Capital (1 company).
Recent News related to Elev8 Venture Partners
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Elev8 Broker's Partner Program Receives Award at Wealth Expo MexicoFinance Magnates•Sep 14, 2026•Elev8 Venture Partners
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Nexedge Capital Raises $20 Million in Maiden Funding Round to Expand Operations in IndiaIndian Startup News•Aug 25, 2026•Elev8 Venture Partners, Nexedge Capital, Elev8, Mirae Asset and 1 other
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River Mobility Raises $120M Series C for EV Manufacturing ExpansionViestories•Aug 06, 2026•Elev8 Venture Partners, Rideriver, Clay Capital, Manipal Group and 4 others
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Dovetail Capital Raises Rs 100 Cr Led by Elev8 Venture PartnersEntrackr•Jul 01, 2026•Dovetail Capital, Elev8 Venture Partners
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River EV in funding talks with Anicut Capital, Claypond Capital, Elev8 Venture Partners for $80-100 million funding roundMoneycontrol•May 05, 2026•Elev8 Venture Partners, Anicut Capital, Rideriver, Clay Capital
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Elev8 Broker Launches Brand with Ambitious Campaign, Including Space-Based CFD TradeMarketingDive•May 04, 2026•Elev8 Venture Partners
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Elev8 Venture backs Fast&Up maker in sixth deal from maiden fundVCCircle•Mar 25, 2026•Fastandup, Elev8 Venture Partners, Fullife, Avendus and 2 others
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Fast&Up attracts interest from VC firms for its ongoing $70 mn roundMint•Feb 16, 2026•Fastandup, Elev8 Venture Partners, Venturi Partners, Progcap
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Bengaluru EV startup River in talks for $80 million investment from A91 Partners, Claypond Capital and Elev8Moneycontrol•Feb 10, 2026•Elev8 Venture Partners, Rideriver, Clay Capital, A91 Partners
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Blume, Elev8-backed IDfy set to raise new funding roundVCCircle•Jan 12, 2026•Elev8 Venture Partners, Blume Venture, Idfy
