Indian Innovation Icons 2027
A biennial national recognition program for Indian startups and social innovators, offering strategic mentorship, investor access, and national visibility.
- Funding amount
- Varies by program
- Funding type
- Competition
- Provider
- Marico Innovation Foundation (CSR)
- Application deadline
- Rolling
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Overview
The Indian Innovation Icons program, now in its 11th edition for 2027, is a longstanding initiative by the Marico Innovation Foundation that identifies and nurtures pioneering Indian innovations solving critical real-world problems. This biennial platform brings together a comprehensive support ecosystem comprising mentorship, investor linkages, business connectivity, and national visibility for selected innovators. Both for-profit startups and not-for-profit organizations are eligible to apply. The program leverages the expertise of Marico's senior leadership and the foundation's network to accelerate growth trajectories of selected entities. By joining the program, innovators gain access to strategic guidance from industry stalwarts and the foundation's broader ecosystem, which is designed to transform ideas into high-impact scalable solutions. Ultimately, the mission is to recognize and amplify innovations with significant national or global potential.
Highlights
- No cash prize offered—non-monetary support only; no equity taken.
- 6 months of personalized mentorship from Marico's senior leadership.
- Direct investor introductions personally facilitated by the Marico Innovation Foundation.
- One-on-one strategic session with Harsh Mariwala.
- National media visibility and exposure opportunity.
- Applications accepted on a rolling basis; no fixed deadline.
Who can apply
Eligible applicants must be Indian incorporated entities—either for-profit businesses (startups) or non-profit organizations (such as trusts, societies, or section 8 companies). The innovation must address a tangible real-world problem and demonstrate strong potential for national or global impact. There is no stage restriction: innovations at idea, prototype, early user traction, or even revenue-generating phases are welcome. Prior funding or revenue is not a prerequisite, and no DPIIT or MSME registration is required.
Indian Innovation Icons 2027 is open to startups at any stage. It is open to startups registered anywhere in India.
- Eligible stage
- Any stage
- Location
- Open to startups registered in India
Deadline & timing
Indian Innovation Icons 2027 accepts applications on a rolling basis — there is no fixed cut-off date, so eligible startups can apply at any time. Because rolling programmes can pause without notice, confirm the window is still open on the official site before you start.
What the funding covers
This program does not provide any cash prize or take equity. The support is purely non-monetary. Selected recipients receive:
- A one-hour strategic diagnosis session with Harsh Mariwala (Chairman of Marico Limited) to obtain high-level strategic insights.
- Six months of customized mentorship from Marico's senior leadership across marketing, finance, supply chain, operations, and strategy—tailored to the innovator's specific needs.
- Facilitation of direct investor introductions to leading VCs, grant makers, and corporate partners, often via personal outreach by Mr. Mariwala.
- National media visibility and public endorsement to raise the profile of the innovation.
- Executive presence coaching for effective communication.
- Long-term integration into the Marico Innovation Foundation ecosystem with ongoing strategic guidance even after the formal mentorship period.
About the provider
Indian Innovation Icons 2027 is offered by Marico Innovation Foundation. It is delivered directly by Marico Innovation Foundation as a competition. You can verify current details and timelines on the provider's official website before applying.
How to apply
Applications are submitted on the official portal. Confirm the current deadline and document checklist there before you start.
Selection process
Applications are received on a rolling basis and undergo a comprehensive evaluation by the Marico Innovation Foundation selection committee. The committee first assesses each application on novelty, potential impact, and clarity of the problem being solved. Shortlisted innovators are then invited to a more in-depth assessment, which may include interviews, diligence, and presentations to an expert panel. Criteria such as innovation uniqueness, scalability, national or global impact potential, and leadership team strength are rigorously weighed. Final winners are chosen based on overall merit and fit with program objectives, and are officially recognized at the Grand Finale after which they receive the full mentorship and support package.
Documents you’ll need
Before you apply to Indian Innovation Icons 2027, keep the following documents ready:
- A pitch deck or short business plan describing the problem, product and traction
- Company registration documents and PAN
- Founder identification (PAN / Aadhaar) and brief profiles
- Recent financial statements or projections
- Product details — a demo, prototype or working link if available
Exact requirements are confirmed on the official application portal — treat this as a preparation checklist.
Frequently asked questions
What exactly is the Indian Innovation Icons program?
It is a biennial award and growth program run by the Marico Innovation Foundation that recognizes and supports high-impact innovators and social entrepreneurs through mentorship, investor connections, and visibility, rather than cash grants or prizes.
Does the program provide any monetary funding?
No, there are no direct cash grants or prizes. Participants receive extensive non-financial support including mentorship, investor access, and media exposure that can help them raise capital themselves.
Who is eligible to apply?
Any incorporated Indian entity—either a for-profit startup or a nonprofit organization like an NGO—that is solving a real-world issue and has meaningful potential to scale nationally or globally. Innovations can be at any developmental stage.
What are the application deadlines?
There is no fixed deadline—applications are processed on a rolling basis, meaning you may submit your application any time until further notice.
How long is the mentorship period?
The structured mentorship runs for six months, during which you will receive guidance customized to your business needs from senior leadership at Marico across departments like marketing, finance, supply chain, etc.
What kind of terms apply—does the program take equity or impose royalties?
No, participation is completely free of any equity or royalty obligations. The program is designed purely as a grant of expertise and networking resources.
What will I need to apply?
The application is submitted through the F6S platform. Typical requirements include completing an online form covering your innovation, team, impact, and business model, along with a pitch deck, company registration documents, and optionally a video describing your innovation.
Which sectors does the program focus on?
While not restricted, the preferred sectors include Social Impact, HealthTech, EdTech, AgriTech, ClimateTech, Environmental Sustainability, Clean Energy, Financial Inclusion, Mental Health, Employment, Food Security, Sanitation, and similarly impactful areas.
Who benefits from this program—just young startups?
The program is designed for innovators at many stages: from idea/prototype through working prototype, early customers, or even those with paying users. Older, established innovations aiming for next-level growth are also welcome.
Is DPIIT recognition required for Indian Innovation Icons 2027?
No. DPIIT (Startup India) recognition is not listed as a mandatory requirement for Indian Innovation Icons 2027, though having it can strengthen your application and unlock other benefits.
Who offers Indian Innovation Icons 2027?
Indian Innovation Icons 2027 is offered by Marico Innovation Foundation. It is provided as non-dilutive funding.
How do I apply for Indian Innovation Icons 2027?
Apply directly through the official application link on this page. Review the eligibility criteria and prepare your startup documents before you begin.
Alternatives to Indian Innovation Icons 2027
Not sure Indian Innovation Icons 2027 is the right fit, or already applied? These are other grants open to Indian startups that founders shortlist alongside it.
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