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Elevation Capital partner Mayank Khanduja resigns after 15 years

By Startup Enthusiast · 22 January 2026

What they do

Elevation Capital is a venture capital firm investing in early to growth stage tech startups

Partner Mayank Khanduja resigned after 15 years to take a break and recharge before seeking new opportunities

He covered consumer tech, gaming, healthcare, AI, deeptech and advanced manufacturing at the firm

Mayank Khanduja, a partner at Elevation Capital, resigned after 15 years at the firm.
He announced his departure via LinkedIn on 2026-01-22.
Khanduja said he is taking a break for family time and to recharge over the coming months.
After the break, he plans to seek new opportunities.
His next professional move has not been disclosed.
A successor for his responsibilities has not yet been announced.

Khanduja joined Elevation Capital in 2011 and covered sectors including consumer tech, gaming, healthcare, AI, deeptech and advanced manufacturing.
Elevation Capital was founded in 2001 and invests in early to growth stage tech startups.
Its portfolio includes FirstCry, ixigo, Meesho, Paytm, Urban Company, Spinny, Swiggy, ShareChat, Acko, PlaySimple and NoBroker.
Elevation has partnered with 13 unicorns from Seed/Series A stage, and its portfolio companies have created $75 billion (25%) of India's total tech market cap.

Elevation Capital is a venture capital firm founded in 2001.
It invests in early to growth stage tech startups.
Its sectoral expertise includes Consumer Tech, Consumer Brands, Fintech & Financial Services, Enterprise AI, Frontier Tech and Healthcare.
Elevation has partnered with 13 unicorns from Seed/Series A stage.
Its portfolio companies have created $75 billion (25%) of India's total tech market cap.
Elevation-backed companies are 4X more likely to raise (per website).
The investment team has over 20 years of expertise.
The firm's philosophy is 'Built for the Audacious', 'Built on Expertise', 'Built with Conviction'.