The new fund will predominantly focus on AI related startups and invest at the seed and series A stage of funding.

Indian AI startups attracted over $1 billion in funding during H1 2026, with major players like Sarvam and Emergent Labs driving significant investments in frontier technologies.

Happy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in todays ETtech Morning Dispatch.

The new fund will predominantly focus on AI related startups and invest at the seed and series A stage of funding.