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  • The Indian Innovation Icons, by Marico Innovation Foundation, recognizes 'currently hidden, potentially game-changing' Indian innovations that are creating significant social, environmental, or economic impact. This year, the 11th edition of the awards is a testament to our legacy of recognizing and catalysing disruptive innovations. The awards provide a gateway to recognition and a symbol of excellence to the winners.


    Applications for the awards can be filled under the following 2 categories:

    • Business [For-profit] category: India-based for-profit organizations. Please click here to access the sample application form.
    • Social [Not-for-profit] category: India-based not-for-profit organization (government entities, philanthropic bodies, charitable trusts, multilateral agencies, community foundations, NGOs, and CSR/corporate funds). Net impact should lead to equal opportunities and sustainable livelihoods. Please click here to access the sample application form. 

    Benefits to the Winner:

    Winning Indian Innovation Icons is a launchpad. Every winner receives a set of commitments—not trophies or certificates, but doors opened, relationships built, and outcomes delivered.

    1. A Guaranteed One-Hour Diagnosis with Mr. Harsh Mariwala, Chairperson, Marico Limited: 60-minutes, one-on-one, guaranteed. Mr. Mariwala will decode the specific challenges your organization faces, help you prioritise what matters most right now, and give you the kind of direct strategic counsel that is simply unavailable anywhere else. This session shapes the agenda for everything that follows.
    2. Six Months of Bespoke Mentoring from Marico’s Senior Leadership: Following the diagnosis, you gain access to Marico’s senior leadership across any function you need, be it Marketing, Finance, Supply Chain, Operations, or Strategy, for six months. Bespoke support shaped entirely around the priority gaps identified for your specific organization. The people guiding you have built one of India’s most enduring companies.
    3. Elite Access to Capital and Business: Mr. Mariwala will personally reach out to his network of venture capitalists, institutional investors, grant makers, and corporate leaders on behalf of each winner. A direct, warm introduction from one of India’s most respected business builders.
    4. The Grand Finale Stage: Present your story in front of a live audience of India’s foremost industrialists, chairpersons, managing directors, philanthropists, institutional investors, and leaders of national and international organisations. This is not a startup competition. It is a national platform at the highest levels of Indian business and civic life. The credibility is permanent and compounds for years.
    5. InnoWin Day: A month after the grand finale, you will attend InnoWin Day, a curated platform where winners engage in a series of preset, high-intent meetings with selected institutions to accelerate momentum. No cold outreach, relationships built.
    6. A Personal Public Endorsement from Mr. Harsh Mariwala: Receive a personal LinkedIn endorsement written by Mr. Mariwala. A permanent public statement about your innovation and why it matters. Every investor, customer, and partner who searches your name will find this personal commendation.
    7. National Visibility & Reach: Your story is amplified across some of India’s premier publications, podcasts, and creator platforms, including regional and innovation-focused media. This includes an exclusive video in partnership with The Better India (129Mn+ reach). Unlock new audience for your innovation.
    8. Storytelling & Executive Presence Coaching: Receive dedicated one-on-one coaching to sharpen how you communicate your work, at the grand finale stage, in investor conversations, and in every pitch that follows. Delivered in partnership with The School of Practical Skills, and led by seasoned coach Ankit Vengurlekar, a communications trainer, award-winning journalist, and personal brand consultant for CXOs. 

    Please Note:

    Our evaluation criteria are based on four pillars: Innovation, Impact, Scalability, and Long-term Viability.

    • To be eligible, for-profit organizations should have been in operation for no more than 10 years, and not-for-profit organizations should have been in operation for no more than 16 years.
    • The form is divided into 4 sections. It will take ~20 minutes to fill out the form. Please save each section as you proceed.
    • If you have any queries, please reach out to mif@marico.com.

    Please refer to the Terms & Conditions and Privacy Policy.  

    Disclaimer: All information received will be treated as completely confidential and will not be put forth in the public domain.

  • Section 1 - Organization Details

  • 5) Please select the type of the organization.*
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  • Section 2 - Innovation & Impact

  • 7) What social challenge does your innovation solve for? (Select up to 3 options )*
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  • 9) Does your innovation have any positive social or environmental impact?*
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  • 11) Which UN SDGs does your innovation align with? (Please choose top three)*
  • 12) Does your innovation align with India's national social priorities? (Please select top three)*
  • 13) Have you secured any patents for your innovation?*
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  • 14) Please select the relevant answer about your innovation. (Please select as many options as applicable)*
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  • 16) What groups does your innovation impact the most? (Select up to 3 options)*
  • Section 3 - Scalability of Impact

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  • Section 4 - Additional Information (Social)

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  • Section 2 - Innovation & Market

  • 7) Please select the sector and industry your organization operates in. (Select up to 3 options )*
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  • 9) Does your innovation have any positive economic or environmental impact?*
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  • 10) Which UN SDGs does your innovation align with? (Please select top 3)*
  • 11) Have you secured any patents for your innovation?*
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  • 12) Please select the relevant answer about your innovation. (Please select as many options as applicable)*
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  • Section 3 - Financial, Funding, & Risk

  • 15) Is the innovation profitable at EBITDA (Earnings before Interest, Tax, Depreciation, and Amortizations)?*
  • If your answer is no, how long would it take for the innovation/idea to be profitable (in EBITDA terms) as per your best estimation?*
  • 16) What is the CAGR (%) for net revenue or cost savings from the innovation over the last 3 years? (If the innovation is less than 3-years old, mention the CAGR since inception.)*
  • 17) What is the planned/expected CAGR (%) for net revenue generated/cost saved because of the innovation in the next 3 years?*
  • 18) Please select the correct statement regarding the organization’s operational footprint.*
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  • Section 4 - Additional Information (Business)

  • 21) Does your innovation align with 'Make in India'/'Atmanirbhar Bharat' and contribute to reducing import dependency?*
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  • Please review all the information entered before submitting.Once submitted, changes will not be permitted.

     
    By clicking Submit, you confirm that the information shared in this application is accurate and that you agree to the program terms and conditions and to receive emails from Marico Innovation Foundation.


    Please review the form and submit to confirm your entry for Indian Innovation Icons 2027.

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