DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Funds / Elevar India V, LP
Elevar India V, LP
Amounts, each with its basis
- Vintage
- 2021basis: form d first sale
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $225Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the issuer filing from the adviser's state, not sworn by the adviser (confidence 0.85); file 021-414733
- Form D sold
- $126Mas of the filing of Jan 24, 2023, 30 investors
- First sale
- Sep 10, 2021
- Reported GAV
- $167Mon the Form ADV filed Mar 28, 2024; the fund's assets, never its size or dry powder
- Owners (ADV)
- 41
- Reported on ADV
- Mar 31, 2022 to Mar 28, 2024
Fundraising evidence
Unknown
latest Form D 2023-01-24, older than 15 months (fr-1)
evidence dated Jan 24, 2023. A Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.
Lifecycle
Mature
vintage 4 to 7 years
age years: 5first sale: 2021-09-10vintage year: $2,021adv gav as of: 2024-03-28vintage basis: form_d_first_saleform d sold usd: $126Mform d offering usd: $225Mform d latest filed at: 2023-01-24
The fund's own reporting through time
5 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 31, 2022 | Venture Capital Fund | $45.4M | 14 | $5.0M | 4% | yes | |
| Jun 30, 2022 | Venture Capital Fund | $96.2M | 24 | $5.0M | 1% | yes | |
| Jul 26, 2022 | Venture Capital Fund | $96.2M | 24 | $5.0M | 1% | yes | |
| Mar 30, 2023 | Venture Capital Fund | $153M | 24 | $5.0M | 1% | yes | |
| Mar 28, 2024 | Venture Capital Fund | $167M | 41 | $5.0M | 1% | yes |
Principals and agents
5 principals on Form D, 0 placement agents
- Sandeep Farias Director
- Johanna Posada Director
- Amie Patel Director
- Brinda Ganguly Director
- Jyotsna Krishnan Director
Limited partners and their reported performance
0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
4 events
- Jan 24, 2023Elevar India V, L.P. filed Form D/A: $125,650,000 sold of $225,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Mar 31, 2022Elevar India V, LP first reported on Form ADV by Elevar Equity Management Ltd. (Venture Capital Fund), GAV $45,391,785Fund first reported on Form ADV Fact SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Sep 27, 2021Elevar India V, L.P. filed Form D/A: $32,979,798 sold of $300,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
- Sep 27, 2021Elevar India V, L.P. filed Form D: $32,979,798 sold of $300,000,000, Venture Capital FundForm D filed Fact SEC EDGAR Form D data sets (quarterly)
Evidence
33 observations
Every observation on this vehicle
- Entity type: Limited Partnership Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Entity type: Limited Partnership Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D fund type: Venture Capital Fund Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Form D industry group: Pooled Investment Fund Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: false Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amendment: true Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Revenue range (Form D): Decline to Disclose Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Incorporated: withinFiveYears Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Jurisdiction: CAYMAN ISLANDS Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $126M Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Amount sold (Form D): $33.0M Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $225M Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Offering amount (Form D): $300M Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.1 Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Exemptions: 06b, 3C, 3C.7 Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-09-10 Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- First sale: 2021-09-10 Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 30 Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Investors (Form D): 9 Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Minimum investment (Form D): 0 Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Securities offered: pooled Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 450 ALASKAN WAY S, SUITE 200, SEATTLE, WA, 98104 Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Office address: 450 ALASKAN WAY S, SUITE 200, SEATTLE, WA, 98104 Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Jan 24, 2023 Fact SEC EDGAR Form D data sets (quarterly)
- Year of incorporation: 2021 Sep 27, 2021 Fact SEC EDGAR Form D data sets (quarterly)