Moneycontrol PRO and Waterfield Advisors to host second edition of Indian Family Business Awards

Moneycontrol PRO and Waterfield Advisors are all set to host the second edition of the ‘Indian Family Business Awards 2022’.

The awards are going to be held in April 2023. 

This year too, the awards category is segregated into three different segments - Super (under Rs 1,000 crore), Mega (between Rs 1,000 and Rs 5,000 crore), and Giga (over Rs 5,000 crore).

To meet the eligibility criteria, a family business must have been established in India and in operation for at least 10 years, while start-ups must demonstrate incorporation at least five years prior. The family must be the sole shareholder and have control over the management.

Co-created and presented by Waterfield Advisors and Moneycontrol PRO, and process partner - Grant Thornton, the Indian Family Business Awards 2022 feature seven categories – Best Family Business, Best Governance, Most Innovative, Disruptive and Transformational Family Business, Best Family Business Led by a Woman, Best Start-up Family Business, and Best Covid Response/Philanthropy.

The jury for the awards will include Soumya Rajan (Founder and CEO, Waterfield Advisors); Vishesh Chandiok (CEO, Grant Thornton Bharat); Sonu Bhasin (Founder of FAB – Families and Businesses); Gopal Srinivasan (Chairman, TVS Capital Funds); and Sanjeev Bikhchandani (Founder, Info Edge).

Binoy Prabhakar, Executive Editor, Moneycontrol, shared, “For long, family-owned enterprises have been a significant entity in transforming the Indian economy. To recognise the stellar contributions of family-owned enterprises toward social and economic growth, Moneycontrol PRO is proud to present the second edition of the Indian Family Business Awards. In partnership with Waterfield Advisors yet again, we honour dynamic and forward-thinking family businesses for their deep-rooted insights into local communities and resilience to stay relevant in the face of adversity.”

"Having worked closely with some of the largest family businesses in India, we at Waterfield Advisors are always looking for platforms to celebrate the resilience and contributions of family-run businesses in India. The success of the first season exceeded all our expectations, with over 125 family businesses participating in the inaugural edition of the awards. I’m very excited for the second season where we want even more family-owned businesses to nominate and share their success stories with the world. The Indian Family Business Awards is a celebration of the entrepreneurial spirit and the legacy that family businesses bring to the table. These businesses are the backbone of the Indian economy and have stood the test of time, weathered economic challenges and come out stronger. This awards platform is a testament to the hard work and perseverance of these businesses and the families behind them," said Soumya Rajan, Founder and CEO of Waterfield Advisors.

Readers can visit https://www.moneycontrol.com/msite/indian-family-business-awards to submit nominations and learn more about the awards.

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