Sunday, January 29, 2023
Outlook India
Outlook Business

Elevation Capital

Prior to the latest funding, the Rigi bagged $10 million in its Series A funding round co-led by Accel India, Sequoia Capital India and Stellaris Venture Partners

Elevation Capital and Elevar Equity together hold 50 per cent stake in the start-up

Drivetrain will use funds to expand its strategic finance platform and accelerate its go-to-market operations

General Catalyst led the funding round, which saw the participation of other investors, including Elevation Capital

As global VC biggies raise their biggest India-centric funds this year and visibly lose interest in China, India's start-ups are gearing up to grab the gain