Founder of the renowned consumer good firm Marico, Harsh Mariwala meets at least two aspiring entrepreneurs every month, a routine that has translated into 15 investment.
This includes direct fundings in startups such as Nykaa, Beer Cafe, HealthKart, and Mama Earth. Asides, Mariwala’s portfolio of investment also encompasses six venture capital funds such as Blume, Exfinity, Fireside Ventures, and Amicus Capital alongside an incubator.
“I always liked starting new businesses, which are pioneering and innovative especially in the subject of healthcare. There are 3,000 such centers across the world but India has none”
Mariwala’s three-decade-long journey includes founding Marico, conceptualizing Kaya Clinic along with a host of investment. Currently, he is busy brainstorming his third venture AquaCentric Therapy, a physiotherapy and rehabilitation center chain that combines land- and water-based therapies.
“I always liked starting new businesses, which are pioneering and innovative especially in the subject of healthcare. There are 3,000 such centers across the world but India has none,” says Mariwala. “The plan is to scale it up to 20-30 centers, each requiring 5-6 crore of investment.”
