MO Alts celebrates the best of Indian entrepreneurship in My Way
3.0 by capturing the inspiring stories of 23 distinguished
entrepreneurs building 11 disruptive companies
Mumbai, 3 March 2023: Motilal Oswal Alternates (MO Alts) publishes the third book of its My Way series – My Way 3.0. This book narrates the origin stories of 23 distinguished entrepreneurs building 11 disruptive companies, and their aspirations for the future. The genesis of My Way series was in the realization that usually a select few large businesses enjoy the spotlight of media and consequently the public at large.
However, given India’s massive size and scale, there are several tremendously inspiring stories about businesses that are on their path to greatness with solid foundations and unwavering corporate values. The stories also underline what it took and what it continues to take for these companies to create value and leave behind a legacy.
The book also captures the genesis of MO Alts, and how it emerged as a differentiated mid-market fund in a relatively short time and scaled-up. The 11 companies covered in this book are the ones in which MO Alts invested through its India Business Excellence Fund III.
Raamdeo Agrawal, Chairman, Motilal Oswal Financial Services Ltd said “Our Private Equity business was founded with a vision to become the most respected mid-market focused alternate asset manager in India. Right from inception, MO Alts was conceptualized as a PE firm that was for entrepreneurs, by entrepreneurs, with a mission to partner with high-quality businesses and founders. India is poised for unprecedented growth over the next couple of decades, and we need to encourage and celebrate our entrepreneurs to make sure that this opportunity is capitalized on.”
Vishal Tulsyan, CEO & Managing Director, MO Alts said “At MO Alts our investing philosophy is rooted in backing not just the right business model but also the right entrepreneur. What we look for in people are mainly four things – integrity and competence; skills to build a large organization; passion and hunger; and grace, which means having a mind-set of choosing the right thing to do for every stakeholder. Given, our focus on founder selection, we felt it was important that we showcase and celebrate those who chose to partner with us. MO Alts believes that good quality companies and promoters have multiple sources of funds and many options at their disposal. We aim to add value in
many other ways than just providing capital.
Once MO Alts becomes part of a company, it seeks to work in partnership with the entrepreneur to ensure that the full might of its network and experience is at their disposal to leverage. Building the right team, empowering them, and aligning them with the larger vision is the only way to build a lasting and scalable organization. MO Alts helps its portfolio companies to see the value of taking everyone along, and making the larger team a partner in the success story.