Navin Honagudi looks for growth-stage companies valued between $100 million and $300 million, aiming for a 5 to 7 times return as they grow into unicorns, and for AI companies specifically, he wants to see about $20 million in revenue before investing, rather than backing something just because it's labeled AI. He also has a strong preference for infrastructure companies that work quietly in the background and become essential over time, explaining through his analysis of SpaceX that these businesses should be valued by the toll they collect on every transaction that passes through the infrastructure they've built.
About their Fund
Sectors
Consumer, SaaS, Fintech, Enterprise, Logistics
Rounds
Series B+
Avg Check Size
Notable Investments
Elev8 Venture Partners focuses on a specific gap in Indian startup funding: growth-stage companies at Series B and C that already have proven product-market fit, real revenue, and solid unit economics, but still struggle to find institutional capital, with a valuation sweet spot of $100M-$300M where the firm aims for 5x-7x returns through a concentrated portfolio of only 12-13 companies, funded mostly (70-75%) through primary capital. The fund also stands out for its patient, selective style—holding off on AI investments until companies reach $20M in revenue, favoring fintech businesses where most spending goes to product development rather than sales, and being anchored by international backers like Korea's Koomin Global.
Other partners at the fund
No items found.
Notable Fund
Investments
No items found.
Sheets they're in
No items found.
Sheets they're Fund is in
No items found.
Is this information out of date? Let us know
Popular Investors
investor name
Active in
Rounds
Avg. Check
Links
Deeptech / Hardware
Robotics
Biotech
+
12
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
+
4
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
7
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
+
2
View more in profile...
Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
Or automatically find your investor matches
Upload your pitch deck to get your best investor matches in minutes.
Reveal the very best VCs to pitch for your startup
Get matching investors' email addresses
No ads. No catch. Free from VC Sheet.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Success. Check your email in 5 minutes.
















.jpeg)







.jpeg)











































































.png)
























































































































.jpeg)









.jpeg)




















































































