Founded in 2001 as SAIF Partners (SoftBank Asia Infrastructure Fund), the firm has been a prominent venture capital investor in India since 2002. It focuses on providing early-stage and growth-stage capital to companies across various sectors, including consumer products and services, technology, media, education, telecom, financial services, and healthcare. In October 2020, SAIF Partners rebranded to Elevation Capital to reflect its identity as an independent, India-focused firm. It continues its mission to partner with and support visionary founders to build market-leading companies from the ground up.