The Road to Indian Innovation Icons 2027

Discover how Marico Innovation Foundation evaluates and elevates the game-changing innovations with the potential to create lasting impact.

By Marico Innovation Foundation August 12, 2026 | 10:30 AM
Graphic featuring three glowing golden pillars increasing in size against a nighttime city skyline, with the central text

Innovation is not defined only by only how new an idea is, but by how far it can travel. The real test is whether a solution can move beyond a promising pilot to create meaningful, measurable change at scale.

That is the lens through which the 11th edition of Indian Innovation Icons will identify the founders and innovators shaping India’s next chapter of progress. 

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The applications are now closed. We have received 1000+ applications.

The next stage is a rigorous judging process designed to uncover ideas with the potential to move from possibility to widespread impact.

What’s Next for Indian Innovation Icons 2027 

Across every sector, from deep-tech and clean energy to social development at the grassroots, entrepreneurs are building solutions tailored to India’s unique challenges.

However, as the ecosystem matures, the benchmark for true innovation shifts. It is now about sustained, measurable execution. As Amit Chandra, Jury Chair, Chairperson of Bain Capital India, and Co-founder of ATE Chandra Foundation, notes:

Quote card featuring Amit Chandra, Chairperson, Bain Capital India & Co-founder ATE Chandra Foundation, alongside a glowing golden pillar and the Indian Innovation Icons 2027 logo. The quote reads, "Innovation is not about convincingly saying things. It is about convincingly showing how your solution performs.".

The focus for the team at Marico Innovation Foundation is to identify the game-changers ready to scale for the  Indian Innovation Icons 2027.  (formerly the Innovation for India Awards).

It’s a crucial, rigorous process that lies ahead.

What the Jury of the Indian Innovation Icons looks for

The Jury for the Business and Social categories will assess applications on four key pillars:

Inside the Selection Process

The process unfolds across four stages:

A Strategic Launchpad

The award serves as a strategic growth engine, giving winners access to a tailored ecosystem of support. 

This includes a one-on-one diagnostic session with Harsh Mariwala, Chairperson, Marico Limited; six months of bespoke mentoring; a personal LinkedIn endorsement by Harsh Mariwala and national visibility via the Grand Finale platform. The winners also get storytelling and executive presence coaching, along with expanded reach in partnership with The Better India. It doesn’t end there and goes on to curated meetings with industry leaders on InnoWin Day.

Together, these benefits are designed to help winners strengthen their organisations, build credibility, unlock new opportunities, and accelerate their growth.

Graphic for the 11th Edition Indian Innovation Icons 2027 outlining the "Portfolio of Benefits" against a golden cityscape. The listed perks include 1-on-1 diagnosis with Mr. Harsh Mariwala, 6 months of bespoke mentoring, elite access to capital, grand finale stage, InnoWin Day, personal public endorsement, national visibility, and storytelling & pitch coaching.

To all the founders, social pioneers who have shared their work with us for this edition of the Indian Innovation Icons 2027, thank you for placing your trust. 

Our evaluation team is actively reviewing your submissions with the depth and rigor they deserve.

Follow the Journey

Are you an investor, partner, or fellow innovator looking to stay connected with India’s leading edge? Subscribe to our monthly newsletter, InnoWin, for founder insights, cohort updates, and lessons in scaling innovation across India. 

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