SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund
https://techcrunch.com/2020/10/19/saif-partners-rebrands-elevation-capital-400-million-india-fund/
SAIF Partners has raised $400 million for a new fund and rebranded the 18-year-old influential venture capital firm as it looks to back more early-stage startups in the world’s second largest internet market.
The new fund is SAIF Partners’ seventh for early-stage startups in India. Its previous two funds were each $350 million in size, and the firm today manages more than $2 billion in assets.