Elevation Capital Unveils $500M Fund IX to Back Indian AI Startups

Venture Capital

14 July 2026 at 11:15 pm

Elevation Capital Unveils $500M Fund IX to Back Indian AI Startups

News Studio

Summary

Elevation Capital has launched its $500 million Fund IX, specifically targeting artificial intelligence (AI) startups in India at the Seed and Series A stages. The firm believes India offers a significant opportunity for AI innovation, citing its large online user base and the potential for Indian founders to build global category leaders.

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