Managing Partner
Ravi Adusumalli
Ravi is the Founder and Managing Partner of Elevation Capital. Ravi currently sits on the boards of Paytm, UrbanCompany, ClearTax, CapitalFloat, Tracxn, and Rivigo.
I love working with founders that are looking for a partner, not just capital. Capital is a commodity.
"I enjoy partnering with founders early on when there is nothing more than a story to tell. I believe that storytelling is one of the most underrated characteristics of a strong founder. The difference between a good and great storyteller is often the difference between building a good company and building an iconic company. It helps to raise capital, to build a team, and to get early customers. Often, nothing is obvious early on other than the founder's passion and it is contagious.
The best part of being in venture capital is that every day you get to meet and work with founders and learn something new. I love working with founders that are looking for a partner, not just capital. Capital is a commodity."
Portfolio
- Simplifying tax filings for 5M+ usersSrivatsan ChariArchit GuptaAnkit SolankiSeries A
ClearTax
Series A - Leading global tech solutions providerNA Series A
CSS Corp
Series A - India's largest shopping destination for baby and kids' productsSupam MaheshwariAmitava Saha Series A
Firstcry
Series A - Enabling Indians to travel at the best pricesAloke BajpaiRajnish KumarSeries B
Ixigo
Series B - Connecting 100 m users quarterly to more than 29 million listingsV.S.S. ManiSeries A
Just Dial
Series A - India's largest OTADeep KalraRajesh Magow Series A
MakeMyTrip
Series A - Revolutionizing home buying and rentalsAmit Kumar AgarwalSaurabh GargAkhil GuptaSeed
NoBroker
Seed - Largest stock exchange in IndiaNAPE
NSE
PE - India's leading full stack financial services company Vijay Shekhar SharmaSeries A
Paytm
Series A - Horizontal, B2C e-commerce platform enabling next revolution in commerceVijay Shekhar SharmaSeries A
Paytm mall
Series A - Simplifying logistics across 4000 cities and with a fleet of over 50,000+ trucksDeepak GargGazal Kalra Series A
Rivigo
Series A - Leading platform for tracking startups and private companiesAbhishek Goyal Neha SinghSeries A
Tracxn
Series A - Connecting 25000+ home services professionals to millions of customersAbhiraj BhalRaghav ChandraVarun KhaitanSeed
Urban Company
Seed - E-commerce logistics companyAmitava SahaSeries A
Xpressbees
Series A