MUMBAI: Dhiraj Rajaram, Founder and CEO of Mu Sigma, a category defining company in the decision sciences industry and the big data space, bagged the Young Turk of the Year Award. The award was given away at the 9th edition of CNBC TV18 India Business Leader Awards (IBLA) ceremony, which took place on January 13, 2014 at the Trident Oberoi, Nariman Point Mumbai.

The IBLA honors and celebrates outstanding leadership in business and the economy. The awards seek to recognise leaders who have excelled in building profitable, sustainable and socially conscious businesses as well as individuals who have, through contemporary policy-making, contributed to driving growth.

Mu Sigma was chosen from a list of accomplished business leaders under stringent, objective and transparent criteria. The jury's choice of Mu Sigma was not just for its financial performance this year but also for its inspiring journey and the potential for scalability. 

The jury, along with research partners - The University of Chicago Graduate School of Business (GSB), Development Dimensions International (DDI) and The CNBC-TV18 Research Team - assessed candidates through a unique judging process based on a combination of criteria, including financial performance, leadership, creativity, innovation and social responsibility.

On this occasion, Dhiraj C. Rajaram, Founder, Chief Executive Officer and Chairman, Mu Sigma said, "We are both humbled and honoured to have been bestowed with this prestigious award by CNBC. This is a testament to our dedication in making a positive contribution to the field of decision sciences. We foresee tremendous growth opportunities in this sector and through our interdisciplinary approach of business, applied math and technology interwoven into the integrated man-machine eco-system of people, process, platforms - hope to continue to transform the way decisions are enabled in enterprises."

"Dhiraj won the Young Turk of the year award at the 9th India Business Leaders Awards," said Shereen Bhan, Managing Editor of CNBC-TV18. "The awards were decided by an eminent jury headed by HDFC Chairman Deepak Parekh. Other members included Naina Lal Kidwai, Kumarmangalam Birla, Arun Maira, Bimal Jalan and Raghav Bahl. Dhiraj was chosen for creating a differentiated billion dollar enterprise with scale and global reach."

For more information: http://www.mu-sigma.com/

About Mu Sigma:

Mu Sigma, one of the world's largest decision sciences and analytics firms, helps companies institutionalize data-driven decision making and harness big data. Mu Sigma solves high-impact business problems in the areas of marketing, risk and supply chain across 10 industry verticals. With over 2000 decision science professionals and more than 75 Fortune 500 clients, Mu Sigma has driven disruptive innovation in the analytics industry with its interdisciplinary approach combining business, math and technology, and its integrated decision support ecosystem comprised of technology platforms, processes, methodologies and people.

Primary Media Contact: Vinitha Oommen, Vinitha.Oommen@mu-sigma.com, 91-9886453043

Secondary Media Contact: Julie Joseph, julie@the-practice.net, 91-9342658357