Vivek Mathur
About Vivek Mathur
Vivek Mathur spent 14 years at Elevation Capital, an India-focused seed and early-stage venture firm. He was partner and chief operating officer there. Crunchbase lists his title as COO and Managing Partner, from July 2011 to December 2024.
Press reports describe more than 30 years of experience. Earlier roles were at Dell Technologies, Scope International and Standard Chartered Bank. Crunchbase says he attended the University of Iowa.
In a LinkedIn post announcing his exit from Elevation, he said he was moving into advisory and mentorship. He described the work as being a thought partner to founders from inception to IPO, covering growth plans, operating efficiencies and paths to profitability.
Crunchbase lists one personal investment for Mathur, a seed round in Nawgati. The date and amount are not shown in the public listing.
At Elevation, he was involved with startups including Paytm, ACKO, FirstCry, Tracxn and Xpressbees, according to press coverage of his departure. Those were firm investments, not personal angel checks.
Mathur is named as an angel investor in Cheerio AI's seed round, announced in March 2026. Cheerio AI is a Bengaluru company building an AI platform for customer engagement and enterprise workflows. The round was ₹8 crore (about $1M) and was led by Artha Venture Fund II.
Other participants included Hyderabad Angels, TiE Angels, LetsVenture, VCMint and Invention Engine. Cheerio said it would use the funds for multi-modal AI (voice and video), a proprietary small-model LLM for ad generation, and engineering and sales hiring.
After leaving Elevation, Mathur said he works with an early-stage cohort of founders in D2C, agri, agritech, climate and defence tech. His one confirmed AI deal is a seed round in India.
He has not publicly stated a check size or a formal investment thesis that we could find.
- Cheerio AI: AI platform for customer engagement and enterprise workflows; he joined its ₹8 crore seed round in March 2026.
- Nawgati: listed by Crunchbase as a personal seed investment; the date is not public.
- finsmes.com/2026/03/cheerio-ai-approx-1m-in-seed-funding.html
- entrackr.com/snippets/cheerio-ai-raises-rs-8-cr-in-seed-round-led-by-a
- crunchbase.com/person/vivek-mathur-aacb
- inc42.com/buzz/elevation-capital-partner-coo-vivek-mathur-quits-after-
- india.entrepreneur.com/news-and-trends/vivek-mathur-steps-down-as-elev
- cbinsights.com/investor/hyderabad-angels
Investing activity
Vivek Mathur appears in 1 AI deal tracked by the AI Lounge deals desk. The rounds are mostly Seed, with a median round size of $842K. The most recent is Cheerio AI (Seed, ₹8Crore, Mar 2026).
Vivek Mathur most often invests alongside Anand Shahani, LetsVenture, VCMint and Ajeet Khurana, and the companies they back on AI Lounge are mostly in AI.
Deals
Frequently asked questions about Vivek Mathur
Has Vivek Mathur invested in AI startups?
Yes. He was one of the angel investors in Cheerio AI's ₹8 crore seed round, reported in March 2026. We found no other public AI deals.
What stage does Vivek Mathur invest in?
His confirmed AI investment is a seed round. He also says he advises early-stage founders from inception onward.
What is Vivek Mathur's angel check size?
No check size is public. Founders should ask him directly.
What is Vivek Mathur's background?
He was partner and COO at Elevation Capital for 14 years. Before that he held roles at Dell Technologies, Scope International and Standard Chartered Bank.
Which sectors does Vivek Mathur say he works with?
After leaving Elevation, he named D2C, agri, agritech, climate and defence tech as areas where he supports founders.
Is Vivek Mathur an angel investor?
Yes. Vivek Mathur invests personally as an angel.
What AI companies has Vivek Mathur invested in?
Vivek Mathur's AI investments include Cheerio AI. The 1 round on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is Vivek Mathur based?
Vivek Mathur is based in Gurugram, Haryana, India.
What stage does Vivek Mathur invest at?
In the rounds tracked on AI Lounge, Vivek Mathur has invested at Seed, with a median round of $842K.
Who does Vivek Mathur co-invest with?
Vivek Mathur's most frequent co-investors on AI Lounge are Anand Shahani (1 deal), LetsVenture (1 deal), VCMint (1 deal), Ajeet Khurana (1 deal) and Invention Engine (1 deal).