It’s time to recognise the families that built India.
Some families define the story of Corporate India.
And that makes them truly worthy of special accolades.
View Winners 2023
  • Nomination Deadline Oct 4, 2024
  • Jury Meet Oct 30, 2024
  • Award Ceremony Dec 3, 2024

Indian family-owned businesses have emerged as a powerful testament to the nation's entrepreneurial spirit. Throughout economic challenges, these enterprises have displayed remarkable resilience, achieving sustained growth. This unwavering strength is rooted in their inherent adaptability and a deep respect for tradition. By embracing contemporary business practices while cherishing their longstanding networks and profound community connections, they foster a dynamic environment conducive to wealth generation and equitable distribution. These enduring family businesses have become the cornerstone of India's economic stability, playing a pivotal role in ensuring prosperity at both the micro and macro levels.

Building on the phenomenal success of the previous seasons, Moneycontrol and Waterfield Advisors are proud to present the third edition of the Indian Family Business Awards!

This co-created prestigious platform continues its mission to celebrate the remarkable contributions of family-owned enterprises across India. We shine a light on these inspiring businesses that have established themselves as paragons of excellence in various sectors and regions.

Calling all the prestigious and outstanding Family enterprises to nominate themselves for the Indian Family Business Awards 2023

Participating companies must be:

  • Set up in India
  • At least 10 years old (5 years for start-ups)
  • The single largest stake and/or management control belongs to a family
Who can participate
Meet the      jury
Soumya Rajan

Founder & CEO, Waterfield Advisors

Sonu Bhasin

Founder of FAB (Families and Businesses)

Gopal Srinivasan

Chairman, TVS Capital Funds Limited

Gaurav Dalmia

Chairman, Dalmia Group Holdings

Roshni Nadar Malhotra

Chairperson, HCLTech

The award categories

SUPER (Annual turnover up-to ₹ 1000 cr.)

  • Best Family Business This category intends to award the organization which has been able to demonstrate sustained business growth and expansion across generations of family, ensuring value generation and growth for its shareholders and stakeholders backed by established systems, practices and processes.
  • Best Governance This category intends to award the organization which has been able to establish systems, practices and processes for ensuring sustainable growth while ensuring value generation, growth for its shareholders and all stakeholders.
  • Most Innovative, Disruptive & Transformational This category intends to award the organization which has been able to showcase innovation/(s) in its products/processes/services to enable sizeable transformation in its existing ecosystem.
  • Best Family Business led by a Woman This category intends to award the organization led by a Woman leader which has been able to showcase sustainable growth, innovation and value generation in its existing ecosystem and amongst peers.

MEGA (Annual turnover between ₹1000 - ₹5000cr.)

  • Best Family Business This category intends to award the organization which has been able to demonstrate sustained business growth and expansion across generations of family, ensuring value generation and growth for its shareholders and stakeholders backed by established systems, practices and processes.
  • Best Governance This category intends to award the organization which has been able to establish systems, practices and processes for ensuring sustainable growth while ensuring value generation, growth for its shareholders and all stakeholders
  • Most Innovative, Disruptive & Transformational This category intends to award the organization which has been able to showcase innovation/(s) in its products/processes/services to bring about a sizeable transformation in its existing ecosystem.
  • Best Family Business led by a Woman This category intends to award the organization led by a Woman leader which has been able to showcase sustainable growth, innovation and value generation in its existing ecosystem and amongst peers.

GIGA (Annual turnover over ₹5000 cr.)

  • Best Family Business This category is meant to award the organization which has been able to demonstrate sustained business growth and expansion across generations of family, ensuring value generation and growth for its shareholders and stakeholders backed by established systems, practices and processes.
  • Best Governance This category intends to award the organization which has been able to establish systems, practices and processes for ensuring sustainable growth while ensuring value generation, growth for its shareholders and all stakeholders.
  • Most Innovative, Disruptive & Transformational This category intends to award the organization which has been able to showcase innovation/(s) in its products/processes/services to bring about a sizeable transformation in its existing ecosystem.
  • Best Family Business led by a Woman This category intends to award the organization led by a Woman leader which has been able to showcase sustainable growth, innovation and value generation in its existing ecosystem and amongst peers.

BEST STARTUP FAMILY BUSINESS (Annual turnover under ₹1000 cr. & 5 years in existence)

  • Best Startup Family Business This category is meant to award the business which has a lighting speed of a start-up but with the roots of a family-owned business, having the spirit to achieve new heights in the start-up ecosystem

PHILANTHROPY AWARD (Best Family Business)

  • Philanthropy Award This category intends to award the leadership organizations who advanced innovative solutions and demonstrated meaningful progress in a community, good causes, associations, or other nonprofit organization.
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Waterfield Advisors is India’s leading Independent Multi-Family Office and Wealth Advisory Firm. Established in 2011, we advise on over USD 4.3 Billion of assets on behalf of several prominent Indian business families whom we serve from 8 offices in India.

Built on the fundamentals of trust, integrity, and transparency, Waterfield was one of the first financial services firms, in the country, to introduce and pioneer the concept of Investment Advisory in Wealth Management.

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