The Startup Mahakumbh event, held from March 18-20 at Bharat Mandapam in New Delhi, was a significant occasion for India’s burgeoning startup ecosystem. Prime Minister Narendra Modi addressed the gathering, emphasizing the government’s support for emerging sectors such as deeptech, agritech, biotech, medtech, and AI. The event, organized by apex industry associations and supported by the DPIIT, showcased over 1306 startups across 10 sectors, featuring 392 speakers and 165 sessions.
Highlights from Startup Mahakumbh Event
PM Modi highlighted the transformative potential of startups, noting their role in revolutionizing industries and contributing to economic growth. He pointed out that startups are not just confined to metro cities but have become a social culture, spreading to smaller cities and a wide range of sectors. The Prime Minister also remarked on the increasing participation of women, with more than 45 percent of startups being women-led.
The event underscored the importance of innovation and collaboration, with PM Modi expressing confidence that Indian solutions could aid many nations globally. He also touched upon the development of the startup ecosystem, from initial skepticism to a platform that connects ideas with funding and incubation facilities, especially for youth in tier 2 and tier 3 cities.
The Startup Mahakumbh was indeed a celebration of India’s entrepreneurial spirit, marking a step forward in the nation’s journey towards becoming a developed country by 2047.