Mukul Arora is a venture capital investor at Elevation Capital who has been recognized as a Midas Touch investor by The Economic Times Startup Awards for his consistency in generating actual exits across market cycles, rather than just paper markups. He plays an unusually visible role in Elevation's dedicated late-stage holdings effort for Indian tech, including a $400M late-stage fund and Elevation Holdings structure for staying invested through and beyond IPO, which signals a differentiated long-duration partnership approach with founders.
About their Fund
Elevation Capital
Sectors
Consumer, Fintech, SaaS, AI, Health
Rounds
Seed - Series B+
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Notable Investments
Elevation Capital is a 20+ year India specialist that has backed category-defining companies like Paytm, Swiggy, and MakeMyTrip from seed to IPO, with industry recognition for actual cash returns rather than just paper valuations. The firm combines early-stage investing with a rare $400M+ permanent capital vehicle designed to hold stakes through public markets, while focusing on audacious founders willing to pursue long-gestation, contrarian bets in Indian consumer and fintech markets.
Other partners at the fund
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Sheets they're Fund is in
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Popular Investors
investor name
Active in
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Deeptech / Hardware
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Robotics
Biotech
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12
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Unknown
Pre-Seed - Seed
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$400K - $2M
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Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
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$100K - $5M
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Defense
Deeptech / Hardware
Energy
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7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
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Biotech
Health
Deeptech / Hardware
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2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
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Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
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Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
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Deeptech / Hardware
Robotics
Biotech
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2
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Unknown
Pre-Seed - Seed
Unknown
~$750K
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Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
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