StartupMoneycontrol
Elevation Capital closes $500 million Fund IX, doubles down on AI and India with bigger early-stage bets
in5points
Elevation Capital closes Fund IX at $500 million.
Fund IX will back seed and Series A startups, emphasizing AI and India.
The firm's $400-million Holdings vehicle targets late-stage category leaders.
Elevation's total deployable capital across both vehicles reaches $900 million.
The announcement was made by partners in an interview with Moneycontrol.
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