Ritesh Malik is a medical doctor turned entrepreneur, investor, institution builder & philanthropist whose work spans healthcare, venture investing, public policy & higher education.
Trained as a physician, Malik began his professional journey in medicine before transitioning into entrepreneurship. In 2015, he founded Innov8 Coworking, a Y Combinator backed startup that reimagined flexible workspaces in India at a time when the sector was still nascent. Under his leadership, Innov8 scaled rapidly to more than 60 locations across the country, becoming one of India’s most prominent co-working platforms. The company was later acquired by SoftBank backed OYO, marking one of the notable exits in India’s startup ecosystem.
Following his exit, Malik shifted his focus toward long-term capital allocation & institution building. He leads his family office, The Mangrove Holdings, which oversees a diversified portfolio across public equities, early- & growth-stage startups, strategic operating businesses & real estate. The family office has backed over 125 startups across sectors including mobility, aerospace, deep tech, consumer brands, health tech, cybersecurity & media.
Select portfolio companies include Ather Energy, Agnikul Cosmos, Blue Tokai, Asimov Robotics, Inito, Josh Talks, Safe Security, STAGE, The Viral Fever & Nothing, among others. Through The Mangrove Holdings, Malik positions himself as an operator-backed capital partner bringing strategic insight, governance depth & long-term alignment to founders & management teams.
In parallel with his investment activities, Malik continues to operate wholly owned businesses in sectors close to his professional roots. He runs Radix Healthcare, a healthcare platform in New Delhi, & Anardana Hospitality, a hospitality venture focused on contemporary Indian dining. These operating businesses reflect his belief in combining capital allocation with hands-on entrepreneurial stewardship.
Beyond commerce, Malik has consistently invested time & capital into building institutions that outlast individuals. He is a co-founder & trustee of Plaksha University, a 50-acre technology university in Mohali, Punjab, established with the vision of reimagining engineering education in India through interdisciplinary learning, research orientation & global collaboration. His role extends beyond financial support to strategic guidance in governance & ecosystem building.
He also serves on the Advisory Board of the Kuo Sharper Center for Prosperity & Entrepreneurship at the Massachusetts Institute of Technology (MIT), contributing to conversations around entrepreneurship, capital formation & innovation-driven economic development. Additionally, he sits on the board of Netaji Subhas University of Technology in New Delhi (Govt of India), supporting public higher education & technology led advancement.
Malik is also deeply engaged in public policy & digital ecosystem advocacy. He is the Founder, Director & Executive Council Member of Alliance of Digital India Foundation (ADIF), a not-for-profit organisation representing India’s digital startups in regulatory & policy matters. Through ADIF, he works toward shaping frameworks that foster innovation while ensuring responsible digital growth.
In the philanthropic sphere, he co-founded Accelerate India Philanthropy (AIP), an initiative aimed at encouraging structured & strategic giving among Indian family offices. His philanthropic interests span education reform, cybersecurity awareness, startup policy & accessible healthcare areas he views as foundational to India’s long-term competitiveness & social equity.
Across his diverse roles as founder, capital allocator, operator, board member & philanthropist, Malik’s work is unified by a long-term orientation toward building durable institutions, enabling entrepreneurship & advancing inclusive growth. His career reflects a deliberate shift from building companies to building ecosystems, combining capital, governance & conviction to support the next generation of innovators.