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Indian VC

Elev8 Venture Partners: A Growth-Stage Investor Focused on Technology and Scale

Elev8 Venture Partners is an India-based growth-stage venture capital firm focused on consumer internet, SaaS, B2B platforms, and fintech. It invests in technology companies with established product-market fit, revenue growth, and measurable unit economics. Its current portfolio includes eight named companies such as smallcase, IDfy, Astrotalk, Porter, Snapmint, Dovetail Capital, and River Mobility.

Overview

Elev8 Venture Partners is an India-based growth-stage venture capital firm. Its current website describes the firm as investing in technology companies after product-market fit has been established and revenue growth is underway. The firm operates through Elev8-Capital AIF, a Category II Alternative Investment Fund. Its office is in Bengaluru.

The portfolio covers fintech, consumer internet, SaaS, B2B platforms, logistics, wealth technology, and electric mobility. Current portfolio companies include smallcase, IDfy, Astrotalk, Porter, Snapmint, Dovetail Capital, and River Mobility.

Investment Focus and Stage

Elev8 Venture Partners focuses on growth-stage technology and technology-enabled businesses. Its current focus areas are consumer internet, SaaS, B2B platforms, and fintech. The firm looks for businesses with established product-market fit, revenue scale-up, and measurable unit economics.

The firm's current materials point to later growth rounds rather than Series A as a universal entry stage. A recent statement from Managing Partner Navin Honagudi describes the firm's focus as Series B and Series C companies that have reached profitability and established market fit.

Fund Size and Portfolio

The supplied data records a $200 million fund size. The current Elev8 website identifies the vehicle as Elev8-Capital AIF but does not display a fund-size figure on its current pages.

The current portfolio page lists companies including Astrotalk, Dovetail Capital, Fullife Healthcare, IDfy, Porter, River Mobility, smallcase, and Snapmint. The website also includes other portfolio companies beyond the names in the supplied data.

Leadership

Navin Honagudi is the Managing Partner at Elev8 Venture Partners. He has more than 18 years of investing experience and previously co-founded Kae Capital.

Kavish Kothari is a Partner at the firm. He has more than 16 years of experience across private equity and investment banking and previously spent more than a decade at Eight Roads. Abhisekh Shah serves as Principal, while Ashwini Khemka is CFO.

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