People Digest: Licious appoints VP growth; Elevation promotes Mukul exec

Mukul Arora, co-managing partner, Elevation Capital

Fresh meat and seafood startup Licious has appointed Vakul Agarwal as vice president, growth. In another development, Elevation Capital Tuesday announced that it has promoted Mukul Arora to co-managing partner.

Licious appoints Vakul Agarwal as VP growth

Fresh meat and seafood startup Licious has appointed Vakul Agarwal as vice president, growth, it announced on Wednesday.

An alumnus of IIT Bombay, Agarwal brings in more than 10 years of experience of having worked in diverse sectors including e-commerce, consumer internet and technology.

At Licious, he will be instrumental in fuelling the company’s growth through a marketing and product strategy. Prior to joining Licious, Agarwal had worked with Grofers (now Blinkit), McKinsey & Company, and American Express.

“The Indian meats & seafood industry is a $40 billion opportunity. This, when coupled with the vast & varied Indian D2C landscape presents us with an unparalleled opportunity to disrupt & create benchmarks for the industry to follow. I am excited & looking forward to working with the team to continue building India’s most loved meat brand & co-create future-ready solutions for a sector that is in need of strategic interventions,” said Agarwal.

Elevation promotes Mukul Arora

Elevation Capital Tuesday announced that it has promoted Mukul Arora to co-managing partner alongside Ravi Adusumalli.

Arora has been with the firm for the last 11 years and has led or co-led Elevation’s investments in FirstCry, Meesho, Spinny, Swiggy, Unacademy, and Xpressbees. He is an alumnus of IIM Lucknow, and has previously worked with McKinsey.

“I was very fortunate to join Elevation at a time when the foundation
for India’s tech ecosystem was being built. Now, we’re at a point where over the next 10 years, technology companies will lead India’s growth. Our number one goal is to be the most loved fund amongst founders. We will continue to partner with founders from day 1, work in the trenches with them and help build phenomenal companies,” Arora said.

Elevation Capital has been investing in India since 2002 and is currently investing out of its seventh pool of capital. The firm has invested in over 150 companies across consumer internet, SaaS, fintech, D2C, edtech, healthtech and web3/crypto.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.