Elevation Capital

We are excited to welcome Krishna Mehra to Elevation Capital as AI Partner, deepening our commitment to partnering with India's most ambitious SaaS and AI founders. At Elevation, we are extremely bullish on Indian founders building category-defining AI companies for the world, and with Krishna leading our presence in Silicon Valley, we are better positioned than ever to help founders realize this opportunity. Based out of the San Francisco Bay Area, Krishna will lead our SaaS and AI investments in the India-US corridor - not just supporting Indian founders building for global markets but also engaging with Indian diaspora founders who are leveraging talent and innovation across both ecosystems. Krishna is a successful serial entrepreneur, having co-founded Capillary Technologies in 2008, a forerunner of India's cross-border SaaS movement. He also founded the meal delivery marketplace Taro in 2015, scaling it to deliver over a million meals before its successful acquisition by EAT Club. As an angel investor, Krishna has backed over 45 companies, which have collectively created over $5 billion in enterprise value. Krishna joins us from Meta, where he led engineering for messaging ads, driving $10B+ in revenue with AI-driven products and deploying some of the world’s largest machine-learning models, including early adoption of Meta’s Llama. Prior to that, he architected enterprise-grade, exabyte-scale cloud systems at Cohesity. Krishna’s trifecta of experiences as a founder, operator, and investor par excellence makes him an invaluable addition to our partnership and, more importantly, a tremendous resource for founders we partner with. Read more in our blog: https://lnkd.in/gtVpJabs Ravi Adusumalli, Mukul Arora, Mridul Arora, Mayank Khanduja, Chirag Chadha, Vaas Bhaskar, Vaibhav Goel, Ramanuj Gopalan

2024 was the year AI moved beyond buzzwords to real business outcomes - a pivotal moment where innovation, infrastructure, and intent perfectly aligned. From AI becoming a strategic priority for enterprises worldwide to the rise of autonomous agents and India's unique advantage in AI services, this was a landmark year for the ecosystem. As AI spending surged multi-fold from 2023 and development costs plummeted, we saw the playground truly open up for builders. Unlike the SaaS wave, India is advancing hand-in-hand with global counterparts in AI. We're thrilled to share our 'SaaS and AI: Year in Review 2024' newsletter, recapping a year where we deepened our commitment to the space through new partnerships, strengthened our Silicon Valley presence, launched SaaS Compass to empower founders, and engaged extensively with the ecosystem through knowledge-sharing initiatives. As we step into 2025, we remain deeply excited about Indian founders building sophisticated, AI-native products for global markets. Dive into our newsletter to explore our perspectives on the trends shaping this space and join us in celebrating a transformative year for Indian SaaS and AI. Mukul Arora, Krishna Mehra, Poorvi Vijay, Aadith Ramesh, Shambhav Tewari, Astha Jakher, Satya Bharadwaja, Maxim AI, Vaibhavi Gangwar (VG), Akshay Deo, UnifyApps, Pavitar Singh, Plotline, Adarsh Tadimari, Shubham Jindal, Everstage, Siva Rajamani, Vivek Suriyamoorthy, Sprinto, Girish Redekar, Raghuveer Kancherla, Nanonets, Sarthak Jain, Prathamesh Juvatkar, Murf AI, Sneha Roy, Ankur Edkie, Divyanshu Pandey, SuperOps, Arvind Parthiban, Jayakumar Karumbasalam, Composio, Karan Vaidya, Soham Ganatra (Hiring)

Presenting the insights from our recent 'Orbital Velocity: Charting Indian Spacetech's New Era' event! Earlier this year, we launched a comprehensive report that detailed our thesis on the India spacetech opportunity and emerging areas that excite us the most. As our interactions with the ecosystem deepened through the year, we expanded this analysis in the "Orbital Velocity" deck, incorporating fresh insights and evolving trends. We presented this at our first-ever spacetech event held recently in Bengaluru. We are delighted to share the updated report, along with the videos of two very insightful panel discussions from the event. "From Zero to Orbit" featured founders from PierSight and InspeCity alongside a representative from IN-SPACe, providing practical insights on navigating the journey from ideation to execution in spacetech. "Commercializing the Cosmos" brought together leaders from Pixxel, AgniKul Cosmos, and SatSure to cover everything from customer validation and PMF to emerging trends like space debris management and multi-orbital launch capabilities. Visit this link for the full deck and panel discussions: https://lnkd.in/g5f-Ym-4 Mayank Khanduja, Manish Advani, Akhil Andasu

We're thrilled to participate in Seekho's $8M Series A round, building on our partnership that began with leading their Seed round in early 2023. We've been proud supporters of Rohit Choudhary, Keertay Agarwal, and Yash Banwani’s vision to democratize lifelong learning through engaging short-form educational content. Since our initial investment, Seekho has built a rich library of 25,000+ videos across 25+ categories, created by 400+ expert educators. Their innovative approach of blending entertainment with education has redefined how people engage with learning. Seekho aims to make high-quality learning even more accessible by expanding its content library in Hindi and other regional languages. The team will also continue to enhance the tech stack to provide more personalized learning experiences. We are honored to double down on this partnership as Seekho works to transform how millions of Indians learn and grow, and we welcome Lightspeed India to this journey. Rohit chats with Amit about Seekho’s evolution over the past year and a half, traction, monetization journey, and product roadmap, including how they plan to leverage AI to scale content. Read our investment memo from earlier this year: https://lnkd.in/gZqnCJCq Watch our Day One podcast with Rohit: https://lnkd.in/gtq5mH-R Here’s to the continued success of the entire Seekho team.  Onwards and upwards! Mayank Khanduja Amit Aggarwal Manish Advani

2024 has been an inflective year for India’s Consumer Brands landscape, where multiple enablers aligned to accelerate the growth of the next generation of brands catering to aspirational India. We're excited to share our 'Consumer Brands: Year in Review 2024' newsletter. As we step into the new year, we wanted to look back at the takeaways from the year gone by and recap our activities across our investments and other engagements with the ecosystem. Identifying and partnering with founders who demonstrate the vision, execution capabilities, and customer obsession needed to build category-defining brands of tomorrow is what continues to motivate us. And we look forward to engaging with more such founders in 2025! Chirag Chadha, Vaibhav Chowdhury, Ayushi Srivastava, Srishti Bhandari, Sana Kumar, Wakefit, Chaitanya Ramalingegowda, Ankit Garg, Comet, Dishant Daryani, Utkarsh Gupta, The Souled Store, Vedang Patel, Aditya Sharma, Rohin Samtaney, Mosaic Wellness, Revant Bhate, Dhyanesh Shah, Country Delight, Chakradhar Gade, SUGAR Cosmetics, Vineeta Singh, Kaushik Mukherjee, Blissclub, Minu Bitch Margeret, Chaayos, Nitin Saluja, Raghav Verma

🚨 Former Meta exec Krishna Mehra joins Elevation Capital as Partner. Krishna Mehra, former Meta executive, has joined Elevation Capital as Partner to lead SaaS and AI investments. Based in Silicon Valley, he will enhance the firm's focus on the India-US corridor, supporting Indian SaaS and AI founders aiming to build global leaders. Mehra brings extensive experience, having led engineering at Meta for messaging ads, driving over $10 billion in revenue through AI-powered products. He also co-founded Capillary Technologies and Taro, and has been an active angel investor in over 40 startups. Elevation Capital, with over $2.6 billion invested in 190+ companies, is set to boost its SaaS+AI portfolio with Mehra's leadership. Read more at: https://lnkd.in/dqMUS8EA By Bhuvana Kamath #SaaS #AI #VC #Investment #IndiaUS #Startups #ElevationCapital

Meta's Krishna Mehra joins Elevation Capital to lead AI investments The appointment comes as Indian founders increasingly target global markets from day one. Read more at: https://lnkd.in/g2SRdSCB

Speed, Scale, Success - three words that defined India's consumer tech landscape in 2024. And what a watershed year it's been! From quick commerce redefining consumer behavior and setting a new benchmark for convenience to Indian consumers embracing paid digital experiences to landmark IPOs validating the ecosystem's maturity - 2024 proved that when you genuinely solve consumer problems, you win. Before we step into the new year with fresh goals and renewed energy, we wanted to take a moment to look back at the lessons we learned in the year gone by, recap our activities across our investments and other engagements with the ecosystem; we’re thrilled to share our ‘Consumer Tech: Year in Review 2024’ newsletter. Our conversations with founders continue to fuel our passion for identifying and analyzing emerging opportunities across spaces. As you wind down for the year, dive into these perspectives and join us in celebrating a remarkable year for Indian consumer tech. Mukul Arora, Mayank Khanduja, Amit Aggarwal, Ashray Iyengar, Manish Advani, Kshitij Jayakrishnan, Harshit Jain, Anoushka Arya, Rohan Kohli 

Super excited to welcome Krishna at Elevation Capital as we further fuel this journey to support impactful AI companies across the India-US corridor! From the very first meeting, it was clear that Krishna’s passion for startups runs deep. What stood out most for me was his genuine care for the ecosystem and the people within it, coupled with an incredible curiosity that drives him to learn, share, and contribute in ways that truly make a difference. Working with someone who not only brings exceptional expertise but also such a thoughtful perspective is a rare privilege. I’m excited about the ideas we’ll bring to life together and the shared learning along the way. Couldn’t be more thrilled to collaborate with him in this mission. Let’s do this, Krishna! 🙌 Ravi Adusumalli Mukul Arora Chirag Chadha Mridul Arora Mayank Khanduja Vaas Bhaskar

Thrilled to welcome Krishna Mehra to our partnership @ Elevation Capital - https://lnkd.in/gGKk93bw Finding the right person for this role took over a year and countless interviews, but when we met Krishna, it was love at first Zoom call! What was very palpable on that call was his excitement to leverage his experience as a founder and operator, to partner with founders and contribute to their success. As an angel investor, he’s been a great ally to several Indian entrepreneurs, and he now wanted to make this his primary mission. What also really impressed us about Krishna is his humility and long-term vision - qualities we really cherish at Elevation. We are extremely bullish on Indian founders building category-defining AI companies for the world, and with Krishna leading our presence in Silicon Valley, we are better positioned than ever to support these audacious entrepreneurs! Excited for what’s ahead! Ravi Adusumalli Chirag Chadha Mayank Khanduja Mridul Arora Poorvi Vijay Vaas Bhaskar PS: Big thanks to Arnav Kumar for introducing me and Krishna! 🙂