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Warburg Pincus, Gaja Capital, Inventus Capital win APEX PE/VC Fund Awards

Warburg Pincus, Gaja Capital and Inventus Capital were adjudged the leading Private Equity, Growth Capital and Early Stage investors in India for 2011 at the latest Venture Intelligence APEX Awards. Among corporate law firms, AZB & Partners topped the Venture Intelligence League Tables as the Most Active Legal Advisors (for both Private Equity and M&A transactions) in 2011, while Ernst & Young topped the League Tables as the Most Active Transaction Advisor (PE and M&A) for the year.

The awards were given away as part of Venture Intelligence APEX‘12, the annual conclave of the Indian Private Equity & Venture Capital industry, by Mr. Harsh Mariwala, Chairman of Marico Ltd and Mr.M.Damodaran, Former Chairman of SEBI. Fund accounting KPO firm Basiz was the co-host for the APEX’12 Awards function.

Receiving the “Best Early Stage Investor-2011” Award, Kanwal Rekhi, Managing Director, Inventus said, “This award is especially welcome as it comes at a time when the early stage venture ecosystem in India is maturing rapidly opening up tremendous opportunities for investments. On the back of our strong performance in our first fund, of which this award is a recognition, we look forward to continue backing innovative businesses operating in India as well as the Indo-US corridor.”

Receiving the “Best Growth Capital Investor-2011” Award, Gopal Jain, Managing Partner, Gaja Capital said, "The real winners of this award are the entrepreneurs we back. This is a testament to their efforts and vision as they build the future champions of our economy."

Accepting the “Best Private Equity Investor-2011” Award on behalf of Warburg Pincus, Niten Malhan, Managing Director, said "We see this award as recognition of our team work and our partnerships with distinctive entrepreneurs and management teams. Warburg Pincus has been one of the earliest private equity investors in India and remains committed to helping build durable businesses.

Started in 2007, the Venture Intelligence APEX Awards are the first awards of its kind for Private Equity & Venture Capital funds in India as well as related advisory firms. A key feature about the APEX Fund Awards is that the awardees are chosen by a Jury Panel consisting exclusively of Limited Partners (i.e., investors in PE/VC funds). The jury members for the APEX’12 Fund Awards included executives from Adams Street Partners, Asia Alternatives, Capvent, CDC Group, Evolvence India Fund, Morgan Creek Capital, Pantheon Ventures, Religare Global Asset Management, Siguler Guff, SEDCO and Squadron Capital.

The Most Active Advisor Awards are awarded to the toppers of the Venture Intelligence League Tables for the corresponding year. The League Tables (http://www.ventureintelligence.in/league.htm) are based on the volume of PE and M&A transactions advised by the Transaction Advisory and Legal Advisory firms during the calendar year.

About Basiz
Basiz fund service is a fund accounting service provider that services Fund administrators, Custodians and Prime brokers, based out of Chennai, India. We specialize in various accounting standards and instrument structures. The primary focus is on servicing Hedge Funds, Mutual Funds, Private Equity Firms, Family Offices, Insurance Portfolios and Managed Accounts.

About Venture Intelligence
Venture Intelligence, a division of Chennai, India-based TSJ Media Pvt. Ltd., is the leading provider of data and analysis on Private Equity/Venture Capital and M&A deals in India. For more information, please visit http://www.ventureintelligence.in

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