Paytm's early backer Elevation Capital raises $670m India-focused fund

Paytm's early backer Elevation Capital raises $670m India-focused fund

Elevation Capital team

Elevation Capital, which has backed the likes of Paytm and Makemytrip, has announced a $670 million, India-focused fund, to continue funding early-stage companies in the country. 

“We will continue to focus on the Seed and Series A stage. Early-stage investing is where we have found our ikigai,” the company said.  

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