Elevation Capital Partner and COO Vivek Mathur Resigns After 14 years To Focus on Mentorship

Vivek Mathur, partner and COO at Elevation Capital, has left the firm after 14 years. He is now transitioning into an advisory and mentorship role, focusing on early-stage startups in D2C, agritech, climate, and defence tech. His goal is to help these startups grow from inception to IPO by improving their growth strategies and operations.

Read also- Zomato Invests INR 1,500 Cr Cash Boost In Blinkit

Mathur held board roles in several portfolio companies, including Paytm and Aye Finance. He announced his departure on social media, reflecting on his time at Elevation, where he played a key role in the success of the portfolio and board-level work.

"These past 14 years have been a true masterclass in investing, I am excited to mentor a new cohort of promising founders that are building ventures poised for rapid growth. With rapid growth comes the need for strategic mentorship that could help make the vision of these founders come true. I’m looking forward to being a thought partner all the way from inception to IPO - whiteboarding, working on growth plans, identifying operating efficiencies and charting paths to profitability!," he said.

Leadership Changes In Elevation Capital

Elevation Capital has seen several changes in the past year. The firm recently appointed Krishna Mehra, co-founder of Capillary Technologies, as a partner to lead AI and SaaS investments from Silicon Valley.

In October, Vaas Bhaskar and Chirag Chadha were promoted to partner roles, focusing on fintech and consumer tech, respectively. Ashray Iyengar was also promoted to principal partner.

They join existing partners Ravi Adusumalli, Mukul Arora, Mridul Arora, Mayank Khanduja and Gopalan and Goel from the Founder Success team.

Elevation Capital, which has supported over 190 companies like Swiggy, Unacademy, Meesho, Acko, Urban Company, MakeMyTrip and FirstCry, closed its eighth India-dedicated fund at $670 million in April 2022.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.