Digital healthcare platform Practo, ed-tech firm Simplilearn and diagnostics chain Thyrocare were among the winners at the sixth edition of VCCircle Annual Awards, which recognise the best-performing private equity and venture capital-backed companies and transaction advisers.
Private equity firm Multiples Alternate Asset Management Pvt Ltd, venture capital firm SAIF Partners and private-sector lender RBL Bank also emerged among the winners of VCCircle Awards 2017 declared on Wednesday in Mumbai.
The award function was part of the News Corp VCCircle Limited Partners Summit 2017, being held at Taj Lands End, Mumbai, and 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 awards also recognise PE and VC fundraisers, as also exit of the year for PE or VC firms based on returns.
The best intermediaries—investment banks and law firms—are honoured, too. EY won the award for the investment bank of the year while AZB & Partners triumphed among law firms.
This year, a six-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 Arun Duggal, chairman at ratings firm ICRA. The other members were Anjali Bansal, senior adviser at TPG; Ireena Vittal, an expert on Indian agriculture and urban change; Padmanabh (Paddy) Sinha, managing partner at Tata Opportunities Fund; TV Mohandas Pai, chairman at Aarin Capital and former CFO at Infosys Ltd; and Uday Shankar, CEO at Star India.
Here is the list of winners:
Consumer Internet Company of the Year
Practo Technologies Pvt. Ltd
Education Company of the Year
Simplilearn Solutions Pvt. Ltd
Financial Services Company of the Year
RBL Bank Ltd
Healthcare Company of the Year
Thyrocare Technologies Ltd
Infrastructure Company of the Year
ReNew Power Ventures Pvt. Ltd
Consumer Company of the Year
Suminter India Organics Pvt. Ltd
Investment Bank of the Year
Ernst and Young Pvt. Ltd
Law Firm of the Year
AZB & Partners
Exit of the Year
MakeMyTrip Ltd—SAIF Partners
Best Fund Raiser – Private Equity
Multiples Private Equity Fund II LLP
Best Fund Raiser – Venture Capital
Blume Ventures India Fund II
Active Impact Investor of the Year
Aavishkaar Venture Management Services Pvt. Ltd