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Launch · Financial Services

LVX launches AI platform for private market deals

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Date
Company
LVX
What it does
Full-stack marketplace for angel investments
Kind
Launch
Founded
2013
Sector
Financial Services

What they do

LVX launched Elvix, an AI platform for private market deal evaluation and decision-making

What happened

Elvix is trained on over 4.5 lakh documents and analyses opportunities across more than 320 data points

Why it matters

Elvix is currently free for all users and aims to make AI accessible for private market investing

The details

  • LVX launched Elvix, an AI platform for private market deal evaluation and decision-making.
  • Elvix was trained on over 4.5 lakh documents from the past decade, including pitch decks, investment memos, term sheets, and shareholder agreements.
  • The platform analyses opportunities across more than 320 data points before human review.
  • Elvix auto-generates investment memos, compares companies with peers, and identifies exit opportunities.
  • It is offered via monthly subscription for HNIs and is free for institutional investors like VC firms and family offices.
  • Currently, Elvix is free for all users.
  • LVX rebranded from LetsVenture last year as part of its push into growth-stage investing.

The bigger picture

  • India's HNI base currently exceeds 8 lakh, creating a large potential market for Elvix.
  • LVX aims to make AI accessible for private market investing, similar to what ChatGPT did for consumers.
  • The platform is built on proprietary AI models, a vector database, and Model Context Protocol (MCP) architecture.

About the business

  • LVX is a full-stack marketplace for angel investments in startups.
  • It claims over 900 portfolio companies and 14,000 investors onboarded.
  • Portfolio startups include StockGro, GIVA, LeverageEdu, Fasal, Yulu, and FarMart.
  • Elvix is built on proprietary AI models, a vector database, and Model Context Protocol (MCP) architecture.
  • The platform analyses macroeconomic impact on performance and identifies exit opportunities.

What happens next

  • LVX aims to make AI accessible for private market investing, similar to what ChatGPT did for consumers.

The deal

Type
launch

Investors

  • Accel (existing) — Key backer of LVX.
  • Chiratae Ventures (existing) — Key backer of LVX.
  • Ratan Tata (existing) — Key backer of LVX.
  • Mohandas Pai (existing) — Key backer of LVX.
  • Anupam Mittal (existing) — Key backer of LVX.

Founders

  • Shanti Mohan, Founder and CEO
  • Sanjay Jha, Co-founder

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