Alliance’s Mahansaria named Forbes India’s 2014 NextGen Entrepreneur
The founder and CEO of the Alliance Tire Group has been honoured in Forbes India’s Leadership Awards 2014. Yogesh Mahansaria was one of nine Indian entrepreneurs selected by the publication as being outstanding in a particular field. Forbes India gave Mahansaria the ‘NextGen Entrepreneur’ award for “harnessing the competitive advantages of Indian and Israeli assets, and scaling up a niche B2B business globally by paying close attention to end users across geographies.”
The NextGen Entrepreneur award was open to leaders of companies with a turnover of at least Rs 10 billion (approximately £101 million) who have transformed an enterprise through an innovative approach. Mahansaria was chosen from five shortlisted candidates and was awarded at a ceremony in Mumbai on 7 October.
In a statement announcing Yogesh Mahansaria’s selection as NextGen Entrepreneur for 2014, the awards selection jury was quoted as saying “The new darling of private equity investors, Yogesh Mahansaria was NextGen Entrepreneur for the Year for having scaled up a niche, B2B business worldwide. Mahansaria has also been successful in getting on board blue chip investors like Warburg Pincus and KKR. On being asked if he would like to change anything about PE investors, he said he has only benefitted from them in terms of gaining a global vision, increasing execution capabilities and building strategic partnerships.”