Elevation-Backed Mahaveer Finance Targets 5× AUM Growth
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Elevation-backed Mahaveer Finance aims for fivefold AUM growth with new plans

By Malvika Maloo

  • 22 Jul 2025
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Elevation-backed Mahaveer Finance aims for fivefold AUM growth with new plans
Credit: 123RF.com

Financial services firm Mahaveer Finance, which raised Rs 200 crore (around Rs 23 million) last month in a round led by venture capital firm Elevation Capital, is eyeing a more than fivefold jump in its assets under management (AUM) over the next three years, top executives told VCCircle. For this, the ......

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