Back to Mobile View
Subscribe to the CrunchBase Daily for the latest on Fundings, Acquisitions, and Startup Events

General Information
DescriptionVenture Capital firm


Fund III, 1/2014 $125M


220 2nd Ave S
Suite 206
Seattle, WA, 98104
Bangalore, IND
149, Rathna Avenue
Off Richmond Road
Bangalore, 560 025, IND


Founder & Managing Director


Elevar Equity

Elevar takes a thesis-led approach to identifying investment themes that draw heavily on grassroots community observations, macro market analysis and our own prior investing experience.

Our investment process begins with the identification of large, socially coherent but disconnected groups. Viewing these groups as large sources of untapped economic and social value, Elevar develops investment themes around specific products or services that can link disconnected groups to global systems, prioritizing opportunities based on the community’s expressed needs for specific essential products or services. Development of investment themes comes from a “bottom-up” understanding of the needs of clients and the relevant market space. Elevar’s investing is driven by specific requests from clients of existing portfolio companies with regard to the products and services that are needed by them. This is complemented by “top-down” research and analysis that encompass macroeconomics, nation level assessment and development oriented research.

We have seen through our investment results that community isolation is a condition best solved through access – access provided by entrepreneurial, high volume and low margin customer-focused business models. Our major investment themes thus far include: high growth commercial microcredit and community banking, remote payment services, small business credit, low-income housing services, rural healthcare and migrant worker services.

Recent Milestones


Company Date Round Size Participants
Shubham Housing Development Finance Company 11/2012Series B$8M4
Comat Technologies 10/2008Series C$15M2



  1. Elevar Equity secures first commitments for $125m third fund ( [edit]
  2. Shubham Housing raises $8 mln from Elevar, Helion, Accion & Saama Capital ( [edit]
  3. Sriram Raghavan founded Comat Technologies raises $15 Million ( [edit]
Edit This Page
Last Edited 3/20/14

Revision History RSS Picture


Share this page on Twitter or Facebook:
Or copy this code to embed a widget: customize »

External Links

CrunchBase API


Become a Sponsor
Terms of Service | Privacy Policy | Licensing Policy