Marico Innovation Foundation - Company Profile

Q: Who are the current directors of Marico Innovation Foundation?

The current directors of Marico Innovation Foundation are Rishabh Harsh Mariwala, Saugata Gupta, Harsh Charandas Mariwala.

It is a internet private not for profit company based in Mumbai, Maharashtra, India, established in 2009.

2009 Mumbai, Maharashtra, India Active

Last Updated: December 21, 2025

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About Marico Innovation Foundation

Marico Innovation Foundation, a active private not for profit company, was established on 19 June 2009 in Mumbai, Maharashtra, India. Engaging in online service marketplaces within the internet sector, it holds CIN: U93090MH2009NPL193455. Registered under ROC Roc Mumbai. it is unlisted.

It upholds a compliant status. Its leadership includes Rishabh Harsh Mariwala (Nominee Director), Saugata Gupta (Nominee Director), Harsh Charandas Mariwala (Nominee Director). Past directors included Milind Shripad Sarwate, Rishabh Harsh Mariwala, Saugata Gupta. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 7Th Floor, Grande Palladium, 175 Cst Road, Kalina, Santacruz (East), Mumbai, Maharashtra, 400098.

Company Details

CIN/LLPIN
U93090MH2009NPL193455
Registration Number
193455
Incorporation Date
19 June 2009
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Company Age 16 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 542.72% (FY 2023)
Profit Growth **** 617.21% (FY 2023)
Ebitda **** -541.98% (FY 2023)
Net Worth 309.66% (FY 2023)
Total Assets **** 85.75% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Marico Innovation Foundation — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Marico Innovation Foundation?

Current Directors

Name	Designation	Appointment Date	Status
Rishabh Harsh Mariwala	Nominee Director	30 Apr 2014	Current
Saugata Gupta	Nominee Director	25 Mar 2014	Current
Harsh Charandas Mariwala	Nominee Director	19 Jun 2009	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Nominee Director	25 Mar 2014	Past
Pramod Abcsdd	Additional Director	30 Jul 2014	Past
Pramod Abcsdd	Director Appointed In Casual Vacancy	30 Jul 2014	Past
Pramod Abcsdd	Director	15 Mar 2013	Past

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Financial Performance of Marico Innovation Foundation.

Marico Innovation Foundation, for the financial year ended 2023, experienced significant growth in revenue, with a 542.72% increase. The company also saw a substantial improvement in profitability, with a 617.21% increase in profit. The company's net worth Soared by an impressive increase of 309.66%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

542.72%

*******

Revenue from Operations

*******

Total Assets

*******

85.75%

*******

Profit or Loss

*******

617.21%

*******

Net Worth

*******

309.66%

*******

EBITDA

*******

-541.98%

*******

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What is the Ownership and Shareholding Structure of Marico Innovation Foundation?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Marico Innovation Foundation?

Unlock and access historical data on people associated with Marico Innovation Foundation, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Marico Innovation Foundation

Recent Activity within the Organization

Annual General Meeting

Marico Innovation Foundation last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Balance Sheet

Marico Innovation Foundation has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.
31 Mar 2025
Director Appointment

Rishabh Harsh Mariwala was appointed as a Nominee Director was appointed as a Nominee Director on 30 Apr 2014 & has been associated with this company since 11 years 9 months . was recorded as a recent event.
30 Apr 2014
Director Appointment

The activity Saugata Gupta was appointed as a Nominee Director was appointed as a Nominee Director on 25 Mar 2014 & has been associated with this company since 11 years 10 months . was completed.
25 Mar 2014
Director Appointment

Harsh Charandas Mariwala was appointed as a Nominee Director was appointed as a Nominee Director on 19 Jun 2009 & has been associated with this company since 16 years 7 months . was recorded as a recent event.
19 Jun 2009
Company Incorporation

The activity Marico Innovation Foundation was registered on 19 Jun 2009 with Roc Mumbai & aged 16 years 7 months as per MCA records. was completed.
19 Jun 2009

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