Mukul Arora, co-managing partner of Elevation Capital, has won the coveted Midas Touch Award at the ET Startup Awards 2024. The jury selected Arora for his outstanding performance in leading Elevation Capital to successful exits in a competitive market. Arora’s leadership has been instrumental in securing high-profile exits for Elevation Capital.
These exits have delivered substantial returns to investors and reinforced market confidence in the firm’s strategic vision. The jury considered key criteria such as the scale of success, impact on the startup ecosystem, and strategic insights demonstrated in guiding investments to fruition. Arora’s expertise and exceptional ability to identify and nurture transformative ventures set him apart from other contenders.
midas touch honors Arora’s impact
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. 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.
