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ASCENT Foundation started by Harsh Mariwala (Chairman, Marico Ltd.) is a not-for-profit expression of his personal passion to identify and enable high-potential growth-stage entrepreneurs in their journey to grow both as Entrepreneurs and their Enterprises. ASCENT creates a close-knit Trust Group of non-competing entrepreneurs who believe in Learning from Doers. Designed as a peer-to-peer platform, ASCENT leverages the “power of the collective” and enables entrepreneurs to share experiences, ideas, insights to learn from each other through self-facilitated Trust Groups and an extended network of Enablers. Since 2012, ASCENT has selected over 850 entrepreneurs as members (from more than 3000 applications received) who are part of 71 operational Trust Groups. The composition of these members is quite diverse with a 46:54 split between Manufacturing and Services Industries; 44% Family Businesses; 7% Women Entrepreneurs and in all about 65+ diverse industries represented. The aggregate annual revenue of the ASCENT members is more than Rs. 53,000 crores with individual member turnover ranging from Rs. 1 crore to Rs. 2500+ crores. ASCENT Entrepreneur members engage among other Trust Group members through various Events organised by ASCENT. We invite entrepreneurs to APPLY on www.ascentfoundation.in With an annual turnover beyond a minimum threshold - Rs. 5 crs (and more) for a Products/manufacturing business or - Rs. 1 cr (and more) for a Services business • Have a business with high potential for growth, • Are ambitious and innovative • Are keen to learn, share, collaborate and innovate in ASCENT Trust Groups. Our next milestone is ASCENT 1000 entrepreneurs (100 Trust Groups), while our dream is much larger. ASCENT is a long term commitment, both from us and you! We invite you to apply for your Trust Group and come join us aboard the ASCENT voyage.

ASCENT Foundation Questions

The ASCENT Foundation annual revenue was $8.1 million in 2026.

Sagar Gosalia is the CEO of ASCENT Foundation.

20 people are employed at ASCENT Foundation.

ASCENT Foundation is based in Mumbai, Maharashtra.

The NAICS codes for ASCENT Foundation are [56, 561].

The SIC codes for ASCENT Foundation are [73, 738].

Top ASCENT Foundation Employees

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