venture capital: Ravi Adusumalli took Elevation to the top of the VC pile in India. Keeping it there will be tough

Ravi Adusumalli, founder and co-managing partner, Elevation Capital; image courtesy of Elevation Capital.

Synopsis

In the top quadrant of the VC league table, Elevation Capital arguably has the best record on actual returns. Keeping up with its own performance will be a tough ask. Mind you, funding winter is not the only challenge.

Twenty years ago, a budding venture capital (VC) investor in his mid-20s came to India. Back then, first-generation young entrepreneurs building billion-dollar businesses were unheard of. He met a number of founders trying to build their businesses on the Internet. Venture capital was largely unfamiliar and India’s digital economy was in its infancy. These founders were building an internet service provider, a travel portal, a business search

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