With a diverse mix of entrepreneurs, investors, and thought leaders, Startup Mahakumbh aims to create an invaluable networking and learning platform.
The much-awaited second edition of ‘Startup Mahakumbh‘ will be held from April 3-5 at Bharat Mandapam, hosting a record 3,000 startups, twice the number that attended last year. The event is being organized by the Department for Promotion of Industry and Internal Trade (DPIIT) with a view to boosting India’s startup ecosystem to new dimensions through innovation, partnership, and investment.
DPIIT Joint Secretary Sanjiv Singh asserted the expansion, adding, “This year’s Startup Mahakumbh is bigger and better than the previous one. Pavilions have been arranged in a space double the size of the previous year’s. Close to 3,000 startups will be present, compared to 1,500 last year. Masterclasses will be organized, and delegates from 64 nations are coming to participate in it.”
Government and Corporate Support
In a big fillip to upcoming businesses, a grant challenge worth Rs 50 crore has been launched by different corporate houses. Shortlisted startups will be given mentorship and financial support, making sure that they get the proper assistance to grow their businesses.
The occasion will be inaugurated by the Commerce Minister, Piyush Goyal, and MoS Commerce, Jitin Prasada, who will present a special address. Their attendance signifies the government’s interest in nurturing entrepreneurship and economic development in India.
Encouraging Innovation and Collaboration
With a wide range of entrepreneurs, investors, and thought leaders, Startup Mahakumbh hopes to establish a priceless learning and networking platform. A key highlight this year is the involvement of 45+ tribal entrepreneurs, such as startups incubated at IIM Calcutta, IIM Kashipur, and IIT Bhilai.
Industry Leaders Support the Initiative
Industry leaders and startup ecosystem pioneers have welcomed the government’s initiative to promote innovation and entrepreneurship:
- Archana Jahagirdar, Founder and Managing Partner, Rukam Capital, and part of the organising committee, said, “The encouragement from the Government has been critical in driving the vision of Viksit Bharat 2047. We intend to play an active part by hosting the ‘World’s Biggest Showcase of Innovation’ – Startup Mahakumbh.”
- Prashanth Prakash, Co-Founder at Accel, said, “The second edition of Startup Mahakumbh will be a gamechanger as it’s coming back with an even larger, braver, and wiser vision. Such events show the significance of public-private partnerships for realizing the mission of emerging India as a global startup hub.”
- Sanjeev Bikhchandani, Co-founder and Executive Vice Chairman, Info Edge, added, “The startup ecosystem is Darwinian in spirit, and these platforms assist in picking up best global practices and ingenuity to create businesses that will change India and the world.”
