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The filing was for a pooled investment fund: venture capital fund The notice included securities offered of Pooled Investment Fund Interests Early stage venture capital firm SAIF Partners has now been rebranded as Elevation Capital. In addition, it has also announced the close of its seventh fund at $400 million. This is the fourth and largest India-focused fund for Elevation. In July 2017, it had closed a $350 million fund to back early to late stage and public companies. SAIF Partners India V Ltd raised $350,000,000 in total.

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China and India-based early-stage venture firm SAIF Partners was founded by Andrew Yan in 2001. It is a sector agnostic investment firm that focuses on seed stage startups across various domains.

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Its authorized share capital is Rs. 1,000,000 and its paid up capital is Rs. 200,000. It is inolved in Activities auxiliary to financial intermediation, except insurance SAIF Partners was founded in 2001 and.

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Earlier this year Lightspeed announced the close of its third India fund at $275 million.

Elevation (formerly SAIF Partners) raised its Fund V and VI worth $350 million each in 2014 and 2017 respectively. It had raised its first India-focused fund in 2010, also worth $350 million. Explore

SAIF Partners is one of the prominent investors in the Indian startup ecosystem.

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