‘Marico Innovation Foundation’s Scale-Up accelerator on track to produce six soonicorns’: Suranjana Ghosh, Head of MIF

MIF Head Suranjana Ghosh traces the origins, learnings, and successes of Scale-Up in an exclusive interview with YourStory.

By Marico Innovation Foundation February 26, 2025 | 10:28 AM

Suranjana Ghosh, Head of Marico Innovation Foundation (MIF), recently spoke with YourStory about the transformative impact of Scale-Up, MIF’s flagship, no-equity accelerator. Ms. Ghosh discussed how MIF’s extensive ecosystem experience shaped the program’s evolution to address the specific needs of startups in the INR 1-100 crore revenue growth phase.

The conversation highlighted MIF’s strategic decision to align with UN SDGs, focusing the program on clean tech, agri-tech, and plastic waste management. Ms. Ghosh emphasised that Scale-Up’s success stems from careful mentor selection, customised guidance, and continuous engagement with participating startups.

The interview showcased tangible results from this approach, with two program graduates—Atomberg and S4S Technologies—achieving Soonicorn status, and six current participants on track to reach this milestone by 2026. Looking ahead, Ms. Ghosh revealed plans to debut current Scale-Up participants at the Indian Innovation Icons awards in April 2025, creating valuable connections with industry leaders, investors, and policymakers.

Throughout the discussion, Ms. Ghosh reinforced MIF’s unwavering commitment to supporting innovations with meaningful social, economic, and environmental impact, providing a comprehensive picture of how Scale-Up continues to transform the Indian startup landscape.

Read full interview in YourStory : Marico Innovation Foundation’s Scale-Up accelerator on track to produce six Soonicorns

Explore more insights

MIF In The Press

Landmark Circular Economy Initiative to Recycle 32,000 Tonnes of Plastic Waste and Reduce 15,000 Tonnes of CO2 Annually

Building a self-sustaining, at-scale, zero waste to landfill, circular economy model in plastics waste management with active community participation in ensuring effective waste segregation.

September 10, 2024
MIF In The Press

MIF’s Pathways to Drive Innovation in the Sustainability Space

A stocktake of MIF’s efforts to drive scalable innovation in the plastic waste management space so far, and the road ahead—as featured in The Hindu BusinessLine.

March 1, 2024
Innovation

Beyond the Accolades: ‘Innovation for India Awards’ Are Now ‘Indian Innovation Icons’

The Innovation for India Awards have been ‘un-awards’ of a kind, going beyond trophies to amplify groundbreaking innovations. A spirit now embodied in their evolution to Indian Innovation Icons.

February 10, 2025
See All Insights

Subscribe to InnoWin,
MIF's monthly newsletter

Get insights from entrepreneurs, investors, and change-makers on innovation,
success and what it takes to get there.

Join our mailing list