Elevation Capital

For VCs in India, bank is the new hot investment

Several Indian startups, along with venture capital funds and private equity investors, are scrambling to build investment strategies as they race to tap into a rare available opportunity in the natio

FrontRow, a learning platform featuring celebrities, shuts down

FrontRow, a hobby-learning and community platform featuring celebrities in India, has shut down, TechCrunch has learned and confirmed. The three-year-old startup sought to build a community where well

Backed by Elevation Capital, Profit.co helps companies execute OKRs

Developed by Andy Grove at Intel in the 1970s, OKR is now one of the most popular management methodologies. OKR, which stands for “objectives and key results,” helps companies achieve goals, inclu

Goodera makes corporate volunteering events easier, even for remote and hybrid workplaces

Corporate volunteering is on the rise as a way to increase a company’s social impact while boosting employee engagement. Managing volunteer programs, however, can get tricky. Goodera wants to make i

Sacca’s Lowercarbon doubles down on startup bringing solar modules to Indian rooftops

Chris Sacca’s Lowercarbon is doubling down on a startup that is racing to bring solar modules to rooftops in India. SolarSquare said on Thursday it has raised $13 million in a Series A funding round

Lightspeed raises $500 million for its new India and Southeast Asia fund

Lightspeed has raised $500 million for its newest India and Southeast Asia fund, its largest for the regions, as it looks to make deeper investments in the South Asian market that is increasingly attr

Turnip raises $12.5 million for its mobile-first gaming community platform

Turnip, an Indian startup that is building a mobile-first gaming community platform, has raised $12.5 million in a new financing round to deepen its footprint in India and dozens of other countries an

Stripe backs India’s Clear in $75 million funding

Stripe has made its second investment in India, just days after disclosing the first. One of the world’s most valuable startups has backed Bangalore-based SaaS fintech firm Clear, the two said Sunda

Elevation Capital, General Catalyst lead $12M round into health insurance startup Loop Health

Loop Health provides ongoing virtual care with an insurance component so that a person shouldn’t have to go into the hospital unless necessary.

FloBiz raises $31 million to scale its neobank for small businesses in India

FloBiz, an Indian startup that is building a neobank for small- and medium-sized businesses in the South Asian market, said on Monday it has raised $31 million in a new financing round as it works to

Financial concierge startup Zeni banks $34M to show SMBs their finances in real time

Zeni’s AI-powered finance concierge platform offers bookkeeping, accounting, tax and CFO services, essentially becoming a back-end controller for startups.

Swedish gaming firm MTG acquires India’s PlaySimple for $360 million

Swedish gaming giant Modern Times Group (MTG) has acquired Indian startup PlaySimple for at least $360 million, the two firms said Friday. MTG said it will pay 77% of the acquisition sum to Indian gam

FamPay, a fintech aimed at teens in India, raises $38 million

How big is the market in India for a neobank aimed at teenagers? Scores of high-profile investors are backing a startup to find out. Bangalore-based FamPay said on Wednesday it has raised $38 million

Zomentum raises $13 million to scale its sales acceleration platform for IT channel partners

Most small businesses, which form the backbone of an economy, today don’t have the resources to handle their IT needs. Take restaurants, for example. They have likely outsourced this job to cont