Venture capital (VC) firm Elevar Equity Advisors, which is currently on the road to raise its fifth India-focused fund, has garnered as much as $125.65 million so far from US investors, per a new filing with the US Securities and Exchange Commission (SEC).
The total corpus that the social impact investor is targeting to raise for Elevar India V, L.P. is $225 million as it looks to invest in growth-stage companies that cater to the marginalised and weaker sections in the country.
