Gajalakshmi, Gajalaxmi (and other spellings) meaning Lakshmi with elephants, is one of the most significant Ashtalakshmi aspects of the Hindu goddess Lakshmi. In this aspect, the goddess is depicted seated on a lotus, flanked on both side by an elephant (gaja). She is shown as seated in Padmasana yogic posture, and has four arms. In each of her upper pair of arms, she carries a lotus, and the lower hands are generally shown in abhya and varadamudra. The elephants flanking her are shown as lustrating her, pouring water from their trunk over the goddess. This aspect like most other aspects of Lakshmi is representative of prosperity, good luck, and abundance; and the Gajalakshmi motifs are very common in Hindu and Buddhist iconography.

Cave 16 (Kailasa Temple), Ellora CavesThe image is found from the 2nd century BCE, possibly in Buddhist contexts,[1] and appears on the railings from the Buddhist site of Bharhut, from 125-100 BCE. It appears on a 1st-century BCE coin of Azilises, and a 3rd-century CE coin from Kausambi. One or two elephants depicted alongside a woman symbolized the birth of Gautam Buddha.

Temples in Odisha in the classic local Kalinga architecture style very often have a figure of Gajalaxmi in lalitasana as their lalatabimba or central protective image over the doorway to a temple or the sanctuary of one.

Gajalakshmi is worshiped in many places in Goa and Konkan as a fertility goddess, mostly under the names Gajantlakshmi, Gajalakshmi, Kelbai or Bhauka devi,by various Konkani communities as their tutelary deity.[2]

According to Timothy Taylor, there might be a connection between the female deity with elephants portrayed on plate B of the Gundestrup cauldron and Gajalakshmi.[3]