Elevar Equity

WHO WE ARE

Elevar Equity has been at the forefront of impact investing since 2006. Led by an entrepreneurial emerging markets team, Elevar seeks to connect the economic resilience and vibrancy of low income communities with capital markets. To address issues of access and inequity, Elevar invests early growth capital in entrepreneurs and businesses that demonstrate a direct correlation between high impact and returns. The Elevar Method of investing has democratized essential products and services for over 30 million low income households in India and Latin America, and catalyzed billions of dollars of capital into 40+ companies.

200,000,000

TARGET SIZE OF FUNDS

Sector

Fintech, B2B, Healthcare, Enterprise Tech

Stage

Series B, Series A, Seed

Region

Asia, South America (LATAM)

Countries

Founder(s)

Sandeep Farias

Sandeep Farias is Founder & Managing Partner at Elevar Equity. He leads Elevar globally and is responsible for the firm’s strategy and organizational development, while engaging with entrepreneurs in India and Latin America to think through inflection points in their entrepreneurial journeys. Working with Elevar teams in India, United States and Mexico, he plays a key role across markets in determining the firm’s investment priorities, underwriting of new investment opportunities and portfolio management in India and Latin America, and fundraising. Sandeep has close to 25 years of work experience in diverse areas such as emerging markets investing, governance and regulation, organizational design, transactions and structuring, and corporate law. He founded Elevar in 2008, being passionately driven by working with early stage companies that foster economic development for low income communities; particularly in financial services including MSME finance and microfinance (where he played a leadership role in the sector’s transformation over a decade from the non-profit space to formal banking), affordable education, healthcare and agricultural services. Sandeep started his career in 1996 after completing an integrated law and arts degree from the National Law School of India University (NLS). Over the next eight years, he worked mostly on cross border transactions at two leading corporate law firms, Amarchand Mangaldas and Nishith Desai Associates (NDA), worked inhouse on Wipro’s NYSE listing, and taught at NLS. At NDA he led the corporate law team and founded the firm’s award winning social and development sector practice. Prior to founding Elevar, in 2004 he established Unitus in India and actively partnered with some of India’s leading microfinance institutions / banks, which were then in their formative years. Sandeep finds entertainment in time with his two daughters, plays with design and drives his colleagues and family nuts. He reads a lot about almost any topic, loves street food and keenly follows politics around the world. He cycles in fits and starts, loves a good argument and has recently discovered that miracles happen – he can touch his toes (almost).

Amie Patel

Amie joined Elevar in 2016 and manages and cultivates Elevar’s global partnerships including LP and co-investor relations. Amie has over 20 years of experience working in a variety of organizations, with a focus on emerging market investing. Prior to Elevar, she was a Vice President with Goldman Sachs Asset Management which she joined through the acquisition of Imprint Capital. Amie focused on the firm’s Environment, Social and Governance (ESG) and Impact Investing capabilities within the emerging markets. Prior to Imprint she was with the Soros Economic Development Fund (SEDF) where she concentrated her efforts on early to growth stage investments. She managed SEDF’s investments in Haiti and worked on several other investment opportunities in Palestine, India and parts of East and West Africa. Amie also worked with the Overseas Private Investment Corporation as a Presidential Management Fellow and Investment Funds Officer responsible for developing and evaluating top-quartile and first-time emerging market private equity fund managers. Amie began her career as an M&A analyst with Merrill Lynch and First Union Securities, covering the automotive, healthcare and telecommunications industries. She has volunteered in Nepal with Students Partnership Worldwide as a Program Manager working on environmental education and women’s issues. Amie holds an MBA from Georgetown University and a BS in Business Administration from Washington University in St. Louis, MO. She serves as the Finance Chair on the Board of Education Through Music, a New York based non-profit focused on music education. Amie likes to explore new places and hold dance parties with her two daughters.