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At familyofficehub.io, we offer the most detailed and up-to-date Asian family office database. We steadily improve it through our ongoing research for articles like this one. In this article, we cover a recent venture capital investment of the Indian Mariwala single-family office, Sharrp Ventures.
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Sharrp Ventures, the family office of Marico founder Harsh Mariwala, has led a ₹100 crore funding round in Naturis Cosmetics, a Mumbai-based contract development and manufacturing organisation (CDMO) in the beauty and personal care space. Announced on July 16, 2026, the round marks the first external institutional funding in the company’s history since its founding in 2011. Participants alongside Sharrp Ventures include Mirabilis Investment Trust, the family office of Infosys co-founder K. Dinesh, growth equity investors Anicut Capital and Niveshaay, D2C ecosystem figures Suyash Saraf of Hyperscale Ventures and Yogesh Kabra, and several angel investors from the pharmaceutical and specialty chemical sectors. Naturis manufactures for more than 50 brands, including Pilgrim, Purplle, Nykaa, Colorbar, Kay Beauty and Innovist’s Bare Anatomy, and partners with pharmaceutical majors Glenmark and Dr. Reddy’s Laboratories on OTC and cosmeceutical products. The capital will fund a new 225,000 sq. ft. production facility in Vapi, Gujarat, an R&D centre in Mumbai and an experience centre in the NCR region, as the company targets expansion into men’s grooming, colour cosmetics, body care, fragrances and exports.
About Sharrp Ventures: The Harsh Mariwala family office
Sharrp Ventures is the Mumbai-based investment office of the Harsh Mariwala family, the founding family of Marico Ltd, one of India’s most respected FMCG companies with a market capitalization of around $8.5 billion and brands such as Parachute, Saffola, Livon and Set Wet. Harsh Mariwala founded Marico in 1990 after leaving the family-run Bombay Oil Industries and remains its Chairman today. Sharrp Ventures was founded in 2014 and is led by his son Rishabh Mariwala. The firm is a multi-asset class investor with exposure across listed equities, unlisted companies and private equity funds, primarily in India and the US. On the unlisted side, it focuses on consumer businesses with typical ticket sizes of $1 million to $3 million at Series A and B stage, with early investments in category-defining companies such as Nykaa and Mamaearth. The name Sharrp is derived from the first letters of family members’ names across three generations of the Mariwala family.
Picture Source: Unsplash+
Article Source: IndianRetailer
Last Updated on July 21, 2026
