Mukul Arora, co-managing partner of Elevation Capital, has secured the prestigious Midas Touch Award at the ET Startup Awards 2024. The jury selected Arora for his exceptional performance in guiding Elevation Capital to successful exits in a competitive market. Arora’s leadership has been crucial in delivering substantial returns to investors and strengthening market confidence in the firm’s strategic vision.
The jury considered several key factors, including the scale of success, impact on the startup ecosystem, and strategic insights demonstrated in guiding investments to fruition. Arora’s expertise and remarkable ability to identify and nurture transformative ventures distinguished him from other contenders. Notable candidates for the Midas Touch Award included Suvir Sujan from Nexus Venture Partners, Ishaan Mittal from Sequoia Capital, Kunal Bahl and Rohit Bansal, co-founders of Snapdeal, Vikram Vaidyanathan from Matrix Partners, and Rahul Chowdhri from Stellaris Venture Partners.
The ET Startup Awards 2024 recognized Arora’s invaluable contributions in shaping the future of the startup ecosystem. His successful management of Elevation Capital’s investment portfolio underscores why he has been awarded the Midas Touch Award. The awards celebrate the most innovative minds and companies in India’s entrepreneurship landscape.
Arora’s investment leadership recognized
Other winners include Hardika Shah from Kinara Capital, BrainSight AI, Rentomojo, Haqdarshak, ClaimBuddy, and Lenskart, which was noted as the apple of the jury’s eye. The event acknowledges the efforts of investors, entrepreneurs, and business leaders who drive growth and development across various sectors.
It serves as an annual highlight, showcasing the dynamic nature of India’s startup ecosystem and its integral role in both local and global markets. Union Minister Piyush Goyal is set to attend the tenth edition of the Startup Awards 2024. This event marks a significant moment as it will be Goyal’s first interaction with industry leaders following the removal of the controversial ‘Angel Tax’.
The presence of Goyal is anticipated to provide insights into the government’s continued support for the burgeoning new-age economy, which has seen several companies go public this year. The Startup Awards are highly regarded in the startup ecosystem and serve to recognize and celebrate the accomplishments and innovations of new-age entrepreneurs. The event is expected to attract a diverse array of startups, investors, and industry veterans, highlighting the dynamism and resilience of the Indian startup sector.
Stay tuned for more updates and coverage on this prestigious event as it unfolds.
