The annual VCCircle Awards is back with a bang, bringing together top-performing PE/VC-backed companies in India, as well as leading investors, lawyers and investment bankers. The 2nd edition of the gala ceremony was held in the evening of February 20 at JW Marriott, Mumbai, as we celebrated the impact of private equity and venture capital on Indian businesses. It was also the first evening of our ongoing Limited Partners Summit 2013, India’s only LP-GP conclave, and the awards ceremony came as a fitting close to the super-active day.
The awards were bestowed to the most outstanding PE/VC-backed Indian companies that not only recorded tremendous growth in their respective industries, but also had a long-standing impact on the economy and the industry in general. And the best intermediaries – investment banks and the law firms – had been honoured too, as they facilitate such investments which are crucial for scripting those growth stories.
A four-member jury, comprising industry veterans, judged the winners and also decided to drop the award for the financial services category this year. Arun Duggal of Shriram Capital was the chairman of the jury and the other three members were Cyril Shroff (Amarchand & Mangaldas & Suresh A Shroff), Deep Kalra (MakeMyTrip) and Vivek Pandit (McKinsey).
Here is the list of winners (and their investors).
Best PE/VC-backed Cleantech Company
Winner: Regen Powertech Pvt Ltd (MCap, TVS Capital, IDFC PE, Everstone Capital)
Other nominees: Green Infra, Promptec Renewable Energy Solutions, Orient Green Power, Shalivahana Green Energy
Best PE/VC-backed Consumer Internet Company
Winner: Matrimony.Com (formerly Consim Info Pvt Ltd) (Canaan, Bessemer Venture Partners, Mayfield, Draper Investment)
Other nominees: Quikr.com, Yatra Online, Jasper Infotech (Snapdeal), Myntra Designs
Best PE/VC-backed Consumer Products/Services Company
Winner: VLCC Healthcare Ltd (Everstone Capital, CLSA Capital)
Other nominees: Bakers Circle, Parag Milk Foods, Manpasand Beverages, Loylty Rewardz
Best PE/VC-backed Education Company
Winner: Tree House Education & Accessories Ltd (Omidyar Network, Foundation Capital, Aditya Birla PE, Matrix Partners, Unilazer Ventures)
Other nominees: People Combine Educational Initiatives, Resonance Eduventures, Simplilearn Solutions, EduSports
Best PE/VC-backed Healthcare Company
Winner: Apollo Hospitals Enterprise Ltd (Apax Partners, Khazanah)
Other nominees: Global Hospitals, Quality Care (CARE Hospitals)
Best PE/VC-backed IT Company
Winner: Mu Sigma Inc (General Atlantic, Sequoia Capital, FTV Capital)
Other nominees: Intellisys, FINO PayTech, iGATE Corporation
Best PE/VC-backed Infrastructure Company
Winner: Fourcee Infrastructure Equipments Pvt Ltd (General Atlantic, India Equity Partners)
Other nominees: Ashoka Buildcon, Dilip Buildcon Ltd (DBL), Power Mech Projects
Best PE/VC-backed Manufacturing Company
Winner: Havells India Ltd (Warburg Pincus, Nalanda Capital, CLSA Capital)
Other nominees: Dalmia Cement Bharat, Tega Industries, DTL Ancillaries, Luminous Power Technologies
Best PE/VC-backed Media & Communication Company
Winner: One97 Communications Ltd (SAIF Partners, SAP Ventures, Intel Capital, SVB India)
Other nominees: Vizury Interactive, ValueFirst Digital Media, Ad2Pro Media Solutions
Investment Bank of the Year (Mid-market)
Winner: Spark Capital
Other nominees: Unitus Capital, Avendus Capital, Yes Bank, Intellectual Capital
Investment Bank of the Year (Bulge bracket)
Winner: Morgan Stanley
Other nominees: Citigroup, Kotak Mahindra Capital
Law Firm of the Year
Winner: AZB & Partners
Other nominees: J Sagar Associates, Trilegal, Induslaw, Wadia Ghandy & Co