celebrate excellence in regional businesses
New Delhi, 05 November 2024: Deloitte India has launched the first edition of the Enterprise Growth
Awards 2024 (EGA 2024), an initiative to recognise the contributions of exceptional family-owned
businesses, unicorns and soonicorns in North, South, East and West India. These regional awards, now
open for participation, will celebrate companies that demonstrate outstanding leadership, vision and
growth and make significant contributions to the development of their local communities.
The awards process will carefully evaluate companies based on key criteria such as financial
performance, innovation and social impact. One of the criteria for family businesses to participate is
having a sales turnover between INR1,000 crore and INR5,000 crore, with significant promoter
ownership (over 26 percent). Start-ups with a valuation of between US$500 million and US$1 billion are
also invited to apply. The awards will review financial records from the past three years to assess each
company’s growth journey and contributions to their communities.
“Family-owned businesses, emerging growth companies, unicorns and soonicorns from various regions
of India are vital to our economy, yet they often remain under-recognised. These companies play a
crucial role in regional development and national progress, contributing significantly to job creation,
innovation and economic growth. By launching EGA, we aim to spotlight these often-overlooked
champions of the industry, providing them with the recognition they deserve. By celebrating their
achievements, we seek to foster a dynamic network of high-growth companies across India, encouraging
collaboration and knowledge-sharing to drive sustained advancement and support India’s long-term
economic growth. We encourage all eligible companies to participate and make this initiative a success,”
said K. R. Sekar, Partner and Leader – Deloitte Private, Deloitte India.
“Through the EGA, we aim to do more than just highlight business success. We want to acknowledge
these companies’ dedication, resilience and long-term commitment. Family-owned businesses, unicorns
and soonicorns face unique challenges as they grow, and their ability to overcome these while
contributing meaningfully to their communities speaks volumes about their values and vision. This
initiative is about recognising their perseverance as much as their performance. I hope that these awards
serve as a platform for companies to share their journeys, inspire others and ultimately contribute to
the broader goal of sustainable and inclusive economic progress,” said Dhiraj Bhandary, Partner,
Deloitte India.
The awards will allow businesses to network with peers and engage with industry leaders at each of the
regional award evenings. Enterprise Growth Awards winners will also be able to participate in Deloitte’s
Best Managed Companies programme, a globally recognised marquee awards programme.
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