Moneycontrol PRO & Waterfield Advisors set to host the 2nd edition of the Indian Family Business Awards 2022

13^thJanuary 2023:In an effort to honour and have fun households which have made important contributions to the growth of the Indian economic system, created jobs and boosted the nation’s entrepreneurial spirit, Moneycontrol PRO, the fastest-growing subscription-based product and Waterfield Advisors, the main unbiased multi-family workplace and wealth advisory agency in the nation, have partnered as soon as once more to host the second edition of the ‘Indian Family Business Awards 2022’ to be held in April 2023.

The inaugural edition of the Indian Family Business Awards in 2021 noticed an awesome response with 234 nominations throughout numerous classes. The grandeur of the occasion is set to attain new heights in the upcoming 2022 edition. This yr too, the awards class is segregated into three totally different segments –Super(below Rs 1,000 crore),Mega(between Rs 1,000 and Rs 5,000 crore), andGiga(over Rs 5,000 crore). To meet the eligibility standards for the awards, a household enterprise should have been established in India and in operation for at the very least 10 years, whereas start-ups should reveal incorporation at the very least 5 years prior. The household should be the sole shareholder and have management over the administration.

Co-created and offered by Waterfield Advisors and Moneycontrol PRO, and course of associate – Grant Thornton, one of the largest absolutely built-in Assurance, Tax, and Advisory corporations in the nation, the Indian Family Business Awards 2022 function seven classes –Best Family Business, Best Governance, Most Innovative, Disruptive & Transformational Family Business, Best Family Business Led by a Woman, Best Start-up Family Business,andBest COVID Response/Philanthropy.

In its second yr, the eminent jury for the awards will consists ofSoumya Rajan (Founder & CEO, Waterfield Advisors); Vishesh Chandiok (CEO, Grant Thornton Bharat); Sonu Bhasin (Founder of FAB – Families and Businesses); Gopal Srinivasan (Chairman, TVS Capital Funds Limited);andMr Sanjeev Bikhchandani (Founder, Info Edge).

Commenting on it,Mr. Binoy Prabhakar, Executive Editor, Moneycontrol, shared, “For lengthy, family-owned enterprises have been a big entity in remodeling the Indian economic system. To recognise the stellar contributions of family-owned enterprises towards social and financial progress, Moneycontrol PRO is proud to current the second edition of the Indian Family Business Awards. In partnership with Waterfield Advisors but once more, we honour dynamic and forward-thinking household companies for his or her deep-rooted insights into native communities and resilience to keep related in the face of adversity.”

“Having labored carefully with some of the largest household companies in India, we at Waterfield Advisors are all the time on the lookout for platforms to have fun the resilience and contributions of family-run companies in India. The success of the first season exceeded all of our expectations, with over 125 household companies taking part in the inaugural edition of the awards. I’m very excited for the second season the place we would like much more family-owned companies to nominate and share their success tales with the world. The Indian Family Business Awards is a celebration of the entrepreneurial spirit and the legacy that household companies carry to the desk. These companies are the spine of the Indian economic system and have stood the check of time, weathering financial challenges and popping out stronger. This awards platform is a testomony to the onerous work and perseverance of these companies and the households behind them.”, stated,Soumya Rajan, Founder and CEO of Waterfield Advisors.

Visit https://www.moneycontrol.com/msite/indian-family-business-awards to submit a self-nomination to your firm. The nomination course of is on-going and the occasion shall be held in April 2023.

Below are the final yr’s winners of the Indian Family Business Awards 2021.