ASCENT is a not-for-profit expression of Harsh Mariwala’s (Chairman, Marico Ltd.). Fuelled by his passion to identify high-potential entrepreneurs and enable them to grow their enterprise and enrich their entrepreneurial journey, ASCENT was Launched in 2012 and active across Mumbai and Pune.
In the six years of its existence, ASCENT has selected over 350 entrepreneurs as members (from more than 1200 applications received) who are part of 30 operational Trust Groups. The composition of these members is quite diverse with a 50:50 split between Manufacturing and Services Industries; 44% Family Businesses; 10% Women Entrepreneurs and in all about 65+ diverse industries represented. The aggregate annual revenue of the ASCENT members is more than Rs. 16,000 crores with individual member turnover ranging from Rs. 1 crore to Rs. 2000+ crores.
After successfully laying the foundation of the ASCENT Mumbai chapter, we are excited to expand our presence in Chennai in August 2018. Our Trust Group model will certainly encourage growth ready entrepreneurs here towards holistic development. Our vision at ASCENT Foundation is to reach out to thousands of entrepreneurs who are ready to scale their businesses to the next level. With entrepreneur and business-friendly Government initiatives, Chennai is emerging as a preferred destination for start-ups and businesses.