Online supermarket BigBasket, microlender Janalakshmi Financial Services and logistics firm Delhivery Pvt Ltd have emerged among the winners of VCCircle Awards 2016 declared on Wednesday in Mumbai.
Avendus Capital won the award for the investment banker of the year while AZB & Partners triumphed among law firms.
The fifth edition of VCCircle Annual Awards, which recognises the best-performing private equity or venture capital-backed companies and transaction advisors, was held at Taj Land End, Mumbai.
The award function was attended by top entrepreneurs, CEOs, fund managers and other industry stalwarts.
The awards are given to the most outstanding companies that not only record tremendous growth but also have a long-standing impact on their respective industries and the economy in general. The best intermediaries in private equity transactions - investment banks and law firms - are honoured as well.
This year, a five-member jury of industry veterans and long-time watchers of businesses judged the winners after evaluating them on a variety of qualitative and quantitative parameters such as financial performance, growth, brand salience, management quality and return on capital employed.
The jury was chaired by Roopa Kudva, managing director at Omidyar Network India Advisors. The other four members were Anjali Bansal, partner at TPG; Ireena Vittal, an expert on Indian agriculture and urban change; Gopal Srinivasan, chairman and managing director at TVS Capital Funds Ltd; and Valerie Rozycki Wagoner, founder and CEO at ZipDial and also senior director of growth at Twitter.
Here is the list of winners:
Consumer Internet Company of the Year
Winner: Supermarket Grocery Supplies Pvt Ltd (BigBasket.com)
Education Company of the Year
Winner: Think and Learn Pvt Ltd (BYJU's)
Other nominees: Edutel Technologies Pvt Ltd, Ace Creative Learning Pvt Ltd and TalentSprint Pvt Ltd
Financial Services Company of the Year
Winner: Janalakshmi Financial Services Pvt Ltd
Other nominees: PNB Housing Finance Ltd and Utkarsh Micro Finance Pvt Ltd
Healthcare Company of the Year
Winner: Rainbow Children's Medicare Pvt Ltd
Other nominees: Mewar Hospitals Pvt Ltd and Aster DM Healthcare Pvt Ltd
Startup of the Year
Winner: Delhivery Pvt Ltd
Other nominees: Urban Ladder Home Decor Solutions Pvt Ltd and Supermarket Grocery Supplies Pvt Ltd
Jury Special Award for Innovative Business Model of the year
Winner: Star AgriWarehousing and Collateral Management Ltd
Investment Bank of the Year for Private Equity/Venture Capital
Winner: Avendus Capital Pvt Ltd
Other nominees: Ernst & Young Pvt Ltd and o3 Capital Global Advisory Pvt Ltd
Law Firm of the Year
Winner: AZB & Partners
Other nominees: Induslaw, Khaitan and Co. LLP and J Sagar Associates
Deal Maker of the Year
Winner: Jai Pharma Ltd-Mylan Inc
Exit of the Year
Winner: Mankind Pharma Ltd-ChrysCapital IV LLC
Best Fund Raiser - Private Equity
Winner: Indium Fund V - India Value Fund Advisors Pvt Ltd
Other nominees: Everstone Capital Partners III LP - Everstone Capital Management and India 2020 Fund II - Lighthouse Advisors India Pvt Ltd
Best Fund Raiser - Venture Capital
Winner: Kalaari Capital Partners III LLC - Kalaari Capital Advisors Pvt Ltd
Other nominees: Aspada Fund I - Aspada Investment Advisors Pvt Ltd