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Startup Mahakumbh to boost India’s efforts to improve innovation ranking: DPIIT secretary
Economic Times
·
1y ago
Medial
The Indian government aims to improve the country's innovation ranking globally, with the Startup Mahakumbh event playing a crucial role. The event, set to be an annual gathering, aims to unite innovators across various sectors and become the largest global event of its kind. More than 40 unicorn startups, including Lenskart, Oyo, and Nykaa, are expected to participate, along with thousands of startups and investors in key areas like AI, agritech, fintech, and more. The event also highlights the need for larger corporates to contribute more to startup funding.
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Global Delegates join forces to strengthen Startup Mahakumbh
Inshorts
·
5m ago
Medial
Key delegates from across the globe gathered at Vanijya Bhawan to expand Startup Mahakumbh worldwide. Supported by DPIIT, FICCI, and NASSCOM, the event focused on global collaboration. With 11 sector-focused pavilions, it aims to boost startup growth and investment. Startup Mahakumbh is a major event uniting startups, investors, and industry leaders to drive innovation and entrepreneurship.
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Startup Mahakumbh launches Rs 30 Cr Startup Maha Rathi challenge to empower Indian entrepreneurs
YourStory
·
5m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT), alongside various partners, has launched the Rs 30 crore Startup Maha Rathi challenge as part of Startup Mahakumbh. This initiative aims to empower Indian entrepreneurs by providing funding, mentorship, and strategic guidance across 11 key sectors to align with India’s long-term vision of Viksit Bharat 2047. Selected startups will gain exposure to global investors and markets, encouraging innovation and strengthening India's leadership in entrepreneurship.
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DPIIT To announce ranking of states/UTs on start-up initiatives on Jan 16
OutlookIndia
·
1y ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) under the commerce and industry ministry will reveal the ranking of states and union territories for 2022 based on their efforts to boost startups on January 16. This exercise aims to evaluate the measures taken by states/UTs to create a conducive ecosystem for startups and promote learning from best practices. The last ranking was released in July 2022, with Gujarat and Karnataka being recognized as the best performers. The initiative is part of the government's efforts to support and foster competitiveness among states in the startup ecosystem.
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Gujarat, Kerala, Karnataka best states in providing strong ecosystem for startups: DPIIT ranking
Economic Times
·
1y ago
Medial
Gujarat, Kerala, and Karnataka have been ranked as the top performers in creating a strong startup ecosystem, according to the ranking of states and Union territories by the Department for Promotion of Industry and Internal Trade (DPIIT). Maharashtra, Odisha, Punjab, Rajasthan, Telangana, Arunachal Pradesh, and Meghalaya were also recognized as top performers. The rankings evaluate states based on their efforts to support startup growth, considering factors such as institutional support, innovation, market access, incubation, and funding support. Gujarat has consistently topped the list for the fourth year in a row.
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Manufacturing Push: DPIIT Reaches Out To Unicorns, Corporates To Set Up Incubators
Inc42
·
1y ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has contacted numerous large corporates, industry associations, unicorns, and veterans to highlight the importance of establishing manufacturing incubators. DPIIT is actively promoting manufacturing incubation by utilising its autonomous institutes and their top-notch facilities. In March, DPIIT conducted Startup Mahakumbh, a three-day startup event, as a significant initiative to support India's startup ecosystem.
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Startup Mahakumbh Is The Right Showcase For India’s Manufacturing Push: DPIIT Joint Secy Sanjiv
Inc42
·
1y ago
Medial
The upcoming Startup Mahakumbh event aims to focus on less prominent sectors, such as manufacturing and deeptech. DPIIT joint secretary, Sanjiv, believes these sectors require the most support from the startup ecosystem. The event, taking place in Delhi from March 18-20, will host over 1,000 startups, investors, incubators, and accelerators. It will feature separate pavilions for various sectors such as AI and SaaS, agritech, biotech and pharma, and gaming and esports. Sanjiv emphasized the need for guidance, mentorship, and access to labs and facilities for startups in the manufacturing sector. The event is expected to provide funding opportunities and facilitate collaborations between startups and corporates. Additionally, DPIIT plans to launch the Bharat Startup Ecosystem Registry, which aims to bring together stakeholders in the startup ecosystem and provide valuable information to startups.
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PM Narendra Modi to address entrepreneurs, investors at Startup Mahakumbh event tomorrow
Economic Times
·
1y ago
Medial
Prime Minister Narendra Modi will be addressing the Startup Mahakumbh event in New Delhi. The event aims to bring together stakeholders from the startup community, innovators, and upcoming entrepreneurs. During the event, there was a discussion on the importance of collaboration between fintech startups and regulators, emphasizing the need to respect rules and regulations while challenging them if necessary. Additionally, the Department for Promotion of Industry and Internal Trade (DPIIT) secretary mentioned that a deeptech startup policy is in its final stages of inter-ministerial consultations, focusing on commercialization and the development of intellectual property rights.
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Mercedes joins hands with DPIIT to support startups
Economic Times
·
5m ago
Medial
Mercedes-Benz India has partnered with DPIIT to support startups through mentorship, funding access, and opportunities for scaling innovations internationally. The collaboration, formalized with a Memorandum of Understanding, aims to foster innovation, sustainability, and entrepreneurship within India’s startup ecosystem. It focuses on advancements in road safety, environmental sustainability, and societal development. Mercedes-Benz will offer infrastructure and market linkages, while DPIIT will enhance visibility and participation through the Startup India initiative.
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Startup MahaRathi Challenge will have Rs 70 crore prize pool: Piyush Goyal
Entrackr
·
4m ago
Medial
The Startup MahaRathi Challenge, part of Startup Mahakumbh 2025 organized by DPIIT, offers a Rs 70 crore prize pool to promote innovation in cybersecurity, AI, robotics, biotech, and more. Registered startups will receive mentorship and can compete for funding and national exposure. Participants benefit from monetary prizes and networking opportunities with industry leaders. The event includes sector-specific mentorship and a live pitching finale in New Delhi for the top 150 startups.
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DPIIT Reveals Plans For Separate Policy For Deep Tech Start-ups
Inshorts
·
1y ago
Medial
DPIIT plans to introduce a separate policy and funding mechanism for deep tech start-ups in India. DPIIT Secretary RK Singh cited the need for a distinct framework to cater to the intensive R&D and innovation requirements of deep tech firms. The proposal includes establishing separate funding avenues for deep tech start-ups, which often require longer gestation periods and more support.
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