Mumbai, Aug. 6 -- Elevation Capital plans to take at least nine portfolio companies public over the next 12-24 months, as it gears up to monetize its portfolio amid improving public market conditions for tech and consumer startups in India, a top executive told Mint.

The venture firm's IPO pipeline includes Aye Finance, Urban Company, Acko, Wakefit, Meesho, The Souled Store, Spinny, Mintifi, and Mosaic Wellness.

Elevation may not exit all of them immediately, it plans to retain stakes in some companies post-IPO.

Startups like Urban Company, Wakefit, and Aye Finance have already filed their draft papers and may go public by the end of this financial year. Others are expected to follow suit in the next two years, said Chirag Chadha, part...