Elevation Capital

💰New Day One podcast episode! "Why don't you have a look at my portfolio?" It was mid-2020. Sandeep Jethwani, then a Senior Managing Partner at IIFL Wealth, was getting a number of requests from his friends. As he reviewed their portfolios, a startling realization dawned on him. These weren't just any portfolios - they belonged to accomplished professionals at the peak of their careers. Yet, they were shockingly mismanaged. This 'aha moment' became the catalyst for Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor to start Dezerv, which addresses a critical gap in the market for India’s affluent and emerging HNI investors. Today it is one of India’s fastest-growing wealth management platforms, with over ₹7,000 crore in client assets. In this illuminating conversation with Vaas Bhaskar (Principal, Elevation Capital), Sandeep Jethwani takes us through his journey of building a trusted financial services brand for India's affluent investors. Dezerv is leveraging specialized expertise, technology, and a superior client experience to solve a crucial problem: the underperformance of most high-net-worth portfolios. From overcoming the wealth management industry’s ‘cold start’ problem to debunking the myth of 'dumbing down' finance for clients, Sandeep offers a masterclass in building a wealth management startup. In this episode, you will gain insights on: ➤ Evolution and whitespaces in India’s wealth management industry ➤ Building trust in a digital-first environment ➤ Dezerv’s early design choices and mistakes ➤ Balancing multiple subcultures within the organization ➤ The power of personal branding in business Watch the full episode here: https://lnkd.in/gRwvk_ir Mridul Arora Kshitij Jayakrishnan

Who makes up India’s growing affluent class? Dezerv co-founder Sandeep Jethwani discusses the composition of this group and outlines several key trends that have contributed to the growth and diversification of the affluent and emerging HNI segment in India. In our latest Day One podcast episode, Sandeep Jethwani and Vaas Bhaskar get into the nuances of building Dezerv into India’s largest house of investment solutions for the affluent. Watch the complete conversation here: https://lnkd.in/gRwvk_ir

🎮📱Launching GameOn, our knowledge platform supported by Epic Games for game developers and creators looking to build and publish on alternate distribution platforms. Beyond the App Store and Play Store, multiple distribution platforms today have reached a significant scale with hundreds of millions of monthly users. We see immense potential for creators to build and distribute immersive games and experiences within such virtual worlds. To showcase the potential of alternate distribution platforms, we are excited to announce the launch of GameOn, supported by Epic Games, to help game developers and creators discover the prowess of Unreal Editor for Fortnite (UEFN). GameOn will feature a series of webinars and a hackathon focused on building interactive experiences with UEFN. Sign up here to register your interest and receive GameOn updates: https://lnkd.in/ghAX45ni Arvind Neelakantan Supreet Kaur Saishree Ashwin Mayank Khanduja Kshitij Jayakrishnan Rahul Humayun

Here’s the latest edition of our monthly newsletter, Summit Review. In the past month, we celebrated ixigo's stock market debut, published new investment memos, and released new Day One and SummitUp podcast episodes. We also had the opportunity to interact with incredible founders through our gaming and SaaS events. Discover more insights and updates in the newsletter below, and subscribe to receive future editions 👇

Excited to introduce Sana Kumar, our newest addition to the Elevation Capital team! Sana will focus on early-stage investments across Consumer Brands, Logistics, Electrical Vehicle (EV), and Mobility spaces. She holds a B.Tech in Engineering Physics with a Minor in Economics from IIT Delhi. Sana has previously been associated with the University of Exeter as a research intern and Boston Consulting Group. Feel free to reach out to her at [email protected] to explore potential opportunities or simply say hello!

We are thrilled to announce that we are deepening our partnership with Dezerv. By tackling a critical challenge in India's wealth management landscape, Dezerv is empowering the country's affluent and HNI investors with trusted investment solutions. At Elevation Capital, we have been privileged to have a firsthand view of how Sandeep Jethwani, Vaibhav Porwal, and Sahil Contractor's vision to create superior wealth management solutions has come alive. Their transparent, tech-led approach is revolutionising wealth management for India's emerging affluent class—a segment we believe will drive a revenue unlock of up to $100B by 2030. Dezerv's differentiated model and high-quality experiences make it perfectly positioned to capture this massive opportunity. We wish the entire team continued success and many more milestones to come! Onwards and upwards! Mridul Arora Vaas Bhaskar Kshitij Jayakrishnan

🔊 ICYMI 🔊 We had the co-founder of Seekho, Rohit Choudhary, on the Day One podcast last week. Elevation Capital's Amit Aggarwal explores the journey of building a "Netflix for learning" with Rohit, who is transforming educational content for the masses in India through Seekho's bite-sized video platform. Tune into the full episode here: https://lnkd.in/g79_jGWk

📱New Day One podcast episode! "We had just one month of runway left, and that was in a fixed deposit." This moment of truth in May 2022 sparked a bold decision that would define Seekho's trajectory. With their backs against the wall, co-founders Rohit Choudhary, Keertay Agarwal, and Yash Banwani took a leap of faith - they made the platform paid-only, with a subscription model. The bet paid off spectacularly, and today, Seekho boasts more than 500,000 paying subscribers. In this fascinating conversation with Amit Aggarwal (Principal, Elevation Capital), Rohit Choudhary takes us through his journey of building a "Netflix for learning" targeted at the masses. Seekho makes learning easy and fun - with a learning-focused OTT platform that's tapping into India's massive appetite for bite-sized, engaging educational content. Rohit's journey is filled with counterintuitive decisions - from charging users upfront in a market known for its aversion to paying for content to running a lean team of just 18 people at this scale. These choices, driven by a deep understanding of the Indian consumer and a commitment to efficiency, have set Seekho apart. In this episode, you will gain insights on: ➤ Identifying and serving the learning needs of the masses ➤ Evolution of Seekho’s supply engine ➤ Hiring for cultural fit rather than specific skills ➤ Balancing engagement and monetization for a consumer app Tune into the full episode here: https://lnkd.in/g79_jGWk

How do you build moats in a QSR business? In our latest SummitUp podcast, Chirag Chadha and Vaibhav Chowdhury discuss the core capabilities required for building a scalable and defensible QSR brand. From standardization, operational excellence and people management to business development and brand-building, they share insights on what it takes to create a distinctive brand. Watch the complete discussion on how to build a large, profitable QSR brand in India: https://lnkd.in/grMha86m

📣 New SaaS Compass Field Guide If you're a SaaS founder looking to build a scalable outbound motion for the US enterprise market, SaaS Compass Captain Siva Rajamani has you covered. Once you've built a product that solves complex problems, it's crucial to develop an effective outbound sales strategy to land large deals. This doesn't mean you have to immediately jump into complex sales cycles or assemble a large sales team. You can gradually build your outbound motion as you refine your product and create social proof. Siva is the perfect person to guide you through this journey, having successfully scaled Everstage's enterprise sales motion from the ground up. In this Field Guide, Siva provides a comprehensive roadmap on how to assess your product readiness, create social proof, set up your outbound motion and build the right sales team in the enterprise market. Read here: https://lnkd.in/gAzmh_TW Mukul Arora Akarsh Shrivastava Poorvi Vijay Aadith Ramesh Satya Bharadwaja Shambhav Tewari Astha Jakher