iGate Corporation, Myntra Designs, Repco Home Finance, Manipal Global Education and Kids Clinic were among the winners of VCCircle Awards 2014 declared on Wednesday in Mumbai.
The third edition of VCCircle Awards, India’s only platform that recognises the best performing private equity or venture capital-backed companies and transaction advisors, was held in the evening of February 19 at Trident, Nariman Point, Mumbai.
Guest of honour for the evening was Leo Puri, Managing Director, UTI Asset Management, and the function was attended by top entrepreneurs, CEOs, fund managers and other industry stalwarts.
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 in private equity transactions space – investment banks and the law firms – were honoured too.
A five-member jury, comprising industry veterans and long-time watchers of businesses, judged the winners after evaluation on a variety of qualitative and quantitative parameters – such as financial performance, growth, brand salience, the quality of management and business, return on capital employed, etc.
The jury was chaired by VK Bansal of Morgan Stanley India and the other four members were Raamdeo Agrawal (Motilal Oswal Financial Services), Rajiv Luthra (Luthra&Luthra Law Offices), Sri Rajan (Bain & Co India) and Sanjiv Bikhchandani (Info edge India Ltd).
Here is the list of winners
Best PE/VC-backed IT Company of the Year
Winner: iGate Corporation
Other nominees: Vizury Interactive Solutions Pvt. Ltd., Capillary Technologies Pvt. Ltd., QwikCilver Solutions Pvt. Ltd.
Best PE/VC-backed Consumer Internet Company
Winner: Myntra Designs Pvt. Ltd.
Other nominees: Quikr India Pvt. Ltd., Jasper Infotech Pvt. Ltd. (Snapdeal.com), Cleartrip Private Limited, ANI Technologies Pvt. Ltd. (Olacabs)
Best PE/VC Backed Education Company
Winner: Manipal Global Education Services Pvt Ltd
Other nominees: K-12 Techno Services Pvt. Ltd., Simplilearn Solutions Pvt. Ltd., S. Chand and Company Pvt. Ltd., People Combine Avenues Ltd.
Best PE/VC backed Financial Services Company
Winner: Repco Home Finance Ltd.
Other nominees: Equitas Holdings Pvt. Ltd., Indostar Capital Finance Pvt. Ltd., Mahindra Insurance Brokers Ltd., TVS Credit Services Ltd.
Best PE/VC-backed Healthcare Company
Winner: Cloudnine Hospitals (Kids Clinic)
Other nominees: New Delhi Centre for Sight Pvt. Ltd., Accutest Research Laboratories India Pvt. Ltd., Trivitron Healthcare Pvt. Ltd., Manipal Health Enterprises Pvt. Ltd.
Best PE/VC Backed Media and Communications Company
Winner: PVR Ltd.
Other nominees: ZipDial Mobile Solutions Pvt. Ltd., Vserv Digital Services Pvt. Ltd., Metro Wireless Engineering India Pvt. Ltd., Amagi Media Labs Pvt. Ltd.
Best PE/VC-backed Manufacturing Company
Winner: International Tractors Ltd.
Other nominees: Magicrete Building Solutions Pvt. Ltd., Lafarge India Pvt. Ltd.
Best PE/VC Backed Consumer Products Services Company
Winner: And Designs India Ltd.
Other nominees: Tirumala Milk Products Pvt. Ltd., Goli VadaPav Pvt. Ltd., Faaso’s Food Services Pvt. Ltd.
Best PE/VC backed Infrastructure Company
Winner: GMR Airports Ltd.
Other nominees: Ashoka Concessions Ltd., Value and Budget Housing Corporation Pvt. Ltd., National Collateral Management Services Ltd.
Best PE VC Investment Bank (Bulge Bracket)
Winner: Credit Suisse Securities (India) Pvt. Ltd
Other nominees: Goldman Sachs India Securities Pvt. Ltd., Barclays Capital, JP Morgan Chase & Co.
Best PE VC Investment Bank (Mid-Market)
Winner: Avendus Capital Pvt Ltd
Other nominees: Unitus Capital, Mape Advisory Group Pvt. Ltd., o3 Capital Global Advisory Pvt. Ltd.
Best PE VC Law Firm
Winner: Khaitan & Co.
Other nominees: S&R Associates, J Sagar Associates, Tatva Legal