NRI Mayank Patel and Karan Bilimoria have won two prestigious London Business Awards
"Successful entrepreneurship is often based on a mixture of inspiration and sheer hard work and Mayank Patel has harnessed these to establish his own niche market, achieving outstanding commercial performance," said Sir Peter Davis, Former Chairman of J Sainsbury Plc who was on the judging panel.
Commenting on the award, Mayank said, "I'm very pleased as an award such as this recognises Currencies Direct's growth from a two-man operation with start-up capital of just 8,500 pounds to today employing over 70 people in four countries with a turnover of 700 million pounds."
"This award is not just for me, it is a tribute to my fantastic team who have all helped make Cobra Beer a success story," Bilimoria, who was selected from a shortlist of four outstanding business leaders, said.
Other award winners were, Young Business Person of the Year, Calypso
Rose, Clippykit Ltd, Business Innovation: SparesFinder, Small Firm of
the Year: G P Capital, Manufacturer of the Year: G R Wright and Sons,
Exporter of the Year: Felix Rosenstiel's Widow and Son Limited, Commitment
to the Community: Holts.