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Kiran Mazumdar Shaw Becomes EY Entrepreneur of the Year 2019

Pritish raj by Pritish raj
February 20, 2020
in News, Industries
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Kiran Mazumdar Shaw EY- Next Big Brand

Kiran Mazumdar Shaw- Next Big Brand

  • Biocon Chairman and CEO Kiran Mazumdar Shaw was appointed EY Entrepreneur of the Year 2019 on Wednesday
  • , and will now represent India at the EY World Entrepreneur of the Year Award

Biocon Chairman and CEO Kiran Mazumdar Shaw was appointed EY Entrepreneur of the Year 2019 on Wednesday, and will now represent India at the EY World Entrepreneur of the Year Award meeting in Monte Carlo from June 4-6.

Awards for nine other categories were also revealed, a press release said, adding the EY Entrepreneur of The Year Awards is the only global business award program that is recognized across 60 countries.

At the awards meeting, railway and trade & industry minister Piyush Goyal and state minister for finance and corporate affairs Anurag Thakur were the chief guest and honorary guest, respectively.

EY India Chairman Rajiv Memani said: “This year’s winners come from both long-established and new-age companies, but what’s common to them is how they transformed their businesses or re-imagined the sector as a whole by making bold bets and using technology and innovation to delight their customers.”

The winners were chosen by an eminent eight-member jury headed by Kotak Mahindra Bank MD and CEO Uday Kotak

The other members are MakeMyTrip founder, group chairman and group director Deep Kalra, co-founder and managing partner of ChrysCapital Kunal Shroff, founder of TVS Capital Funds, chairman and MD Gopal Srinivasan, chairman of Advent Private Equity Naina Lal Kidwai, co-founder of Everstone Group Sameer Sain, vice chairman of the Sanmar Group Vijay Sankar, and co-promoter of Asian Paints Jalaj Dani.

The Start-up category award was conferred on Falguni Nayar, founder, and CEO of Nykaa E-Retail. With its omnichannel approach and a customer-centric model driven by digital technology, she has taken many Indian and global beauty brands to the doorstep of millions of Indians. In three years, she has not only successfully increased sales with a 150 percent CAGR but also remained equally concentrated on profitability.

Nykaa CEO- Next Big Brand
Falguni Nayar won the award in Startup Category.

Yashish Dahiya, CEO and co-founder, PolicyBazaar has been awarded the category of Financial Services for revolutionizing the sector with its innovative innovation and bold vision, while rapidly building upscale. With 100 million users to his website and 500,000 transactions per month, he is among the top unicorns in the country with a recent valuation of 1.65 billion dollars.

EY Entrepreneur of The Year 2019 winners

EY Entrepreneur of The Year 2019: Kiran Mazumdar Shaw, chairperson, and MD, Biocon

Lifetime Achievement: Adi Godrej, chairman, Godrej Group

Category winners

Start-up: Falguni Nayar, founder, and CEO, Nykaa E-Retail

Transformational Impact Person of the Year: Tuhin Parikh, senior MD-real estate, Blackstone India

Manufacturing: Arun Bharat Ram, Chairman, SRF

Services: Sridhar Vembu, founder and CEO, Zoho Corporation

Financial Services: Yashish Dahiya, CEO and co-founder, PolicyBazaar

Consumer Products & Retail: Kuldip Singh Dhingra, chairman, and Gurbachan Singh Dhingra, vice-chairman, Berger Paints

Life Sciences & Healthcare: Arvind Lal, CMD, and Om Manchanda, CEO, Dr. Lal PathLabs

Entrepreneurial CEO: KBS Anand, MD, and CEO, Asian Paints

Energy, Real Estate & Infrastructure: Ravi Raheja and Neel Raheja, group presidents, K Raheja Corp

You can find the whole report here.

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Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

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