Marico Innovation Foundation

Encourages innovative organisations through mentoring and awarding initiatives that create large scale impact

  • 80G
  • 12A
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About

  • Headquarters

    Mumbai, Maharashtra

  • Since

    2003

Marico Innovation Foundation (MIF) is a socio-economic initiative executing the Corporate Social Responsibility for the parent company Marico Limited. Read more The aim of the foundation is to encourage innovation across the business and social sectors to help create sustainable impact.

Demographies Served

Impact

The scale up program has engaged more than 100 mentors in 15+sectors resulting in a scale up of 30+ innovations

Programs

  • Sectoral programs

    District

    This initiative attempts to help farmers grow and progress by supporting innovations in the agricultural sector. The foundation launched its sector-specifc program with a focus on agriculture. The program also aims to solve current linear agricultural challenges for the coconut crop with the assistance of disruptive innovations.

  • Scale-up program

    District

    This program aims to provide customized guidance to innovators to help their organisations achieve growth. The program provides functional mentorship by Marico members, strategic mentorship through industry stalwarts, dedicated portfolio manager, and personalised business support.

  • Marico mentor program

    District

    Marico members mentor innovative entrepreneurs associated with this program in their growth journey. The mentors helped the innovators to make effective strategies to increase their output, market their ideas and products effectively, increase their manufacturing capacity, and make significant progress in their growth journey.

Leadership Team

  • HARSH MARIWALA

    Founder, Marico Innovation Foundation & Chairman, Marico Limited

  • RISHABH MARIWALA

    Non-Executive Director

  • SAUGATA GUPTA

    Managing Director & CEO, Marico Limited

Demographics & Structure

  • No. of Employees

    6-20

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • 12A

    AAGCM7606ME20216

  • 80G

    AAGCM7606MF20214

  • FCRA

    Not Available

  • CSR Registration Number

    Not Available

Location

  • Headquarters

    7th Floor, Grande Palladium, 175, CST Road, Kalina, Santacruz East, Mumbai, 400098

    Directions
  • Offices in Cities

Other Details

  • Parent Organisation

    Marico Limited

  • Type & Sub Type

    Non-profit