Harsh Mariwala is an Indian entrepreneur, who is the founder and Chairman of Marico,[1] a Fortune India 500 company from Gujarat.
[3] In 1990, he founded Marico, a fast moving consumer goods (FMCG) manufacturer and distributor that now has operations in 25 countries across Asia and Africa.
[4] As per Forbes list of India’s 100 richest tycoons, dated OCTOBER 09, 2024, Harsh Mariwala & family are ranked 43rd with a net worth of $6.9 Billion.
Its major brands include Saffola, Parachute, Hair & Care, Nihar, Livon, Set Wet, Mediker and Revive.
[1] In 2003, Mariwala spotted an opportunity in the skin care clinics space and founded Kaya Limited as a subsidiary of Marico.
In 2013, when Kaya was demerged from Marico and listed on stock exchanges as a separate entity it had 107 skincare clinics out of which 82 were located in India and had a range of 54 skin care products in its portfolio.
[14] Mariwala brought in professional leadership to replace him in the company and his focus since has been on strategic direction and board management at Marico.
[18] In 2012, he set up ASCENT Foundation as a peer learning platform for entrepreneurs to exchange insights, experiences and ideas in a confidential environment.
The vision for ASCENT is to build a widespread ecosystem across cities that significantly impacts and nurtures 10,000 leaders on their journey to success.