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Elev8 Venture Partners Boosts Indian Startups with Rs 1,400 Crore Maiden Fund Success
Introduction On September 1, 2025, Elev8 Venture Partners, headquartered in Bengaluru, celebrated the closure of its first-ever fund at Rs 1,400 crore (approximately $160 million), a major win for India’s startup ecosystem. Led by Navin Honagudi, an experienced investor with over 15 years in the field, Elev8 is set to empower high-growth, tech-focused startups navigating a complex global venture capital landscape. The fund aims to fill the critical funding gap for Series B and C-stage companies, fueling India’s innovation surge. Fund Objectives and Approach Supporting Growth-Stage Innovators Elev8’s debut fund targets growth-stage startups in high-potential sectors like fintech, consumer internet, healthtech, and enterprise software, capitalizing on India’s digital transformation. The…