In a move that signals a leadership transition at one of India’s most influential venture capital firms, Elevation Capital partner Mayank Khanduja has stepped down from his role. The development marks the end of a significant chapter for the firm, which has played a key role in backing several category-defining Indian startups over the past decade.
While Elevation Capital has not disclosed immediate plans to appoint a replacement, sources familiar with the matter suggest that the decision was mutually agreed upon and part of a broader leadership evolution at the fund. Khanduja is understood to be exploring new professional avenues, though details around his next move remain under wraps.
