A venture capital firm that partners with founders and invests in early-stage startups.

Elevation Capital

Early stage venture capital firm. Proud partners of visionary founders. Never too early to get in touch with us. 

Above. Beyond. Together. 
Elevation

✨ 𝐔𝐧𝐯𝐞𝐢𝐥𝐢𝐧𝐠 ‘𝐓𝐡𝐞 𝐒𝐭𝐚𝐭𝐞 𝐨𝐟 𝐆𝐞𝐧𝐀𝐈 𝐢𝐧 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬’ 𝐫𝐞𝐩𝐨𝐫𝐭

Two years into the GenAI revolution, using AI apps for various use cases has become as reflexive as checking their email for many knowledge workers. It's now their go-to work buddy, personal tutor, and maybe even a confidant. It's wild if you think about it.

What started with assistants like ChatGPT has exploded into a myriad of consumer applications, reshaping user behaviors and transforming our digital experiences in ways both profound and unexpected.

In a new two-part series, we aim to provide a comprehensive snapshot of this evolving consumer applications landscape and our areas of excitement in GenAI consumer tech.

Today, we are releasing the first report, ‘The State of GenAI in Consumer Applications’. 

It takes stock of the current state of consumer-facing GenAI applications across mobile and web platforms, uncovering trends and insights on their adoption and emerging use cases.

Our analysis revealed interesting trends and learnings that we believe would serve as a critical benchmark for founders building GenAI applications from India to form an opinion on how GenAI capabilities are advancing and the market at large.

View and download the complete deck here: https://lnkd.in/gwiShQus

Mukul Arora Mayank Khanduja Amit Aggarwal Manish Advani Harshit Jain Anoushka Arya

𝐆𝐚𝐦𝐞𝐎𝐧 𝐛𝐲 𝐄𝐥𝐞𝐯𝐚𝐭𝐢𝐨𝐧 𝐏𝐫𝐞𝐬𝐞𝐧𝐭𝐬: 𝐔𝐧𝐫𝐞𝐚𝐥 𝐄𝐝𝐢𝐭𝐨𝐫 𝐅𝐨𝐫 𝐅𝐨𝐫𝐭𝐧𝐢𝐭𝐞 (𝐔𝐄𝐅𝐍) 𝐇𝐚𝐜𝐤𝐚𝐭𝐡𝐨𝐧, 𝐬𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 Epic Games
⁣
Calling all visionary game creators, developers, and game-changers! Are you ready to develop your own experience in Fortnite?⁣

We are thrilled to announce the GameOn hackathon, supported by Epic Games, on our GameOn platform - where creators are encouraged to push the boundaries of interactive entertainment. The hackathon challenges creators to develop extraordinary games and experiences using Unreal Editor for Fortnite (UEFN). This is your chance to showcase your skills, tap into Fortnite's massive player base, connect with industry experts, and potentially secure investment for your creations!⁣
⁣
🏝️ 𝐓𝐡𝐞 𝐂𝐡𝐚𝐥𝐥𝐞𝐧𝐠𝐞: Harness the power of Unreal Editor For Fortnite (UEFN) to build captivating, unique, and engaging experiences and publish directly in Fortnite. Push the boundaries of what's possible within the Fortnite universe!

🌟 𝐖𝐡𝐚𝐭'𝐬 𝐚𝐭 𝐒𝐭𝐚𝐤𝐞:
• ₹ 7 lakh+ in cash prizes for winning teams
• Google Cloud Credits worth 75k USD
• Knowledge sessions with Epic Games and Elevation Capital

🛠️ 𝐖𝐡𝐲 𝐔𝐄𝐅𝐍? Unreal Editor for Fortnite is a game-changer for creators:⁣
• Custom Game Modes: Create unique game modes with custom rules and mechanics.
• Map Design: Design and build new maps with detailed environments.
• Asset Integration: Import and use custom assets, including 3D models, textures, and audio including from Fab.
• Scripting: Use Verse scripting to implement complex gameplay logic.
• Animation: Create and integrate custom animations for characters and objects.
• Collaboration Tools: Work collaboratively with other developers in real-time.
• Publishing: Directly publish your creations to millions of Fortnite players to enjoy.

Assemble your dream team, fuel your creativity, and get ready to create a spectacular Fortnite experience.

Register Now: https://lnkd.in/g6vwN3Eq

You can write to us at gaming@elevationcapital.com for any queries.

Don't miss this chance to be at the forefront of game innovation. Whether you're a seasoned Unreal developer, a creative mind, or a passionate Fortnite enthusiast, this is your launchpad to success within the ever-expanding Fortnite ecosystem.

Arvind Neelakantan Supreet Kaur Saishree Ashwin Mayank Khanduja Kshitij Jayakrishnan Rahul Humayun

Excited to introduce Aditya Maheshwari, our newest addition to the Elevation Capital team!

Aditya will focus on investments in the Healthcare space, covering areas such as healthcare services, devices, and health-tech platforms.

He holds a B.Tech in Mechanical Engineering with a minor in Computer Science from IIT Bombay. Aditya was previously associated with Boston Consulting Group.

Feel free to reach out to him at aditya@elevationcapital.com to explore potential opportunities or simply say hello!

Excited to introduce Anoushka Arya, our newest addition to the Elevation Capital team! 

Anoushka will focus on early-stage investments across social media, content, edtech, recruitment, prop tech, and travel spaces.

She holds a B.Tech in Production and Industrial Engineering, with a Minor in Entrepreneurship, from IIT Delhi. Anoushka was previously associated with Bain & Co.

Feel free to reach out to her at anoushka@elevationcapital.com to explore potential opportunities or simply say hello!

We are thrilled to announce that we are deepening our partnership with Dezerv. 

By tackling a critical challenge in India's wealth management landscape, Dezerv is empowering the country's affluent and HNI investors with trusted investment solutions. 

At Elevation Capital, we have been privileged to have a firsthand view of how Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor's vision to create superior wealth management solutions has come alive. Their transparent, tech-led approach is revolutionising wealth management for India's emerging affluent class—a segment we believe will drive a revenue unlock of up to $100B by 2030. Dezerv's differentiated model and high-quality experiences make it perfectly positioned to capture this massive opportunity.

We wish the entire team continued success and many more milestones to come!

Onwards and upwards!
Mridul Arora Vaas Bhaskar Kshitij Jayakrishnan

Here’s the latest edition of our monthly newsletter, Summit Review.

In the past month, we celebrated ixigo's stock market debut, published new investment memos, and released new Day One and SummitUp podcast episodes. 

We also had the opportunity to interact with incredible founders through our gaming and SaaS events.

Discover more insights and updates in the newsletter below, and subscribe to receive future editions 👇

Metric
Company Name	Elevation Capital
Symbol
MSH ID	COM:ELEVATIONCAPITAL
Market	PRIVATE
Sector	Financial Services & Finance
Industry	Venture Capital
Country	IN
Stage
Employee Count	87
Website	elevationcapital.com
LinkedIn	elevationcap
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

ELEV

COM:ELEVATIONCAPITAL

Elevation Capital

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue