Startup Mahakumbh will improve innovation ranking: DPIIT Secretary

Utkarsh Classes Last Updated 18-03-2024

Startup Mahakumbh will improve innovation ranking: DPIIT Secretary

Summit and Conference 5 min read

'Startup Mahakumbh' is being organized from 18-20 March 2024 at Bharat Mandapam and India Trade Promotion Organization (ITPO) in New Delhi. According to Rajesh Kumar Singh, Secretary, Department of Industrial Promotion and Internal Trade, organizing Startup Mahakumbh will improve the innovation ranking.

On the occasion of this three-day 'Startup Mahakumbh', more than 34 deep-tech startups will showcase their innovations at the NASSCOM Pavilion.

Highlights of 'Startup Mahakumbh':

People from different areas are participating in this Mahakumbh to be organized from 18 to 20 March. This will mainly include:
- 10 theme pavilions
- More than a thousand investors
- 300 Incubators and Accelerators
- Three thousand conference delegates
- More than 20 country delegations
- Three thousand future entrepreneurs from all Indian states
- Over 50 unicorns
- Over 50,000 business visitors.
The event will also be attended by senior women leaders to highlight their roles within the startup ecosystem.
According to DPIIT Secretary Rajesh Kumar Singh, Prime Minister Narendra Modi can visit the three-day Startup Mahakumbh starting from March 18, 2024.

Organizer of 'Startup Mahakumbh':

According to DPIIT, many big companies have contributed in organizing 'Startup Mahakumbh'. According to DPIIT, the following have mainly contributed in organizing this program:
- ASSOCHAM
- NASSCOM
- Bootstrap Incubation and Advisory Foundation
- The Indus Entrepreneurs (TiE) and Indian Venture and Alternative Capital Association (IVCA)
The event is also supported by DPIIT, Ministry of Electronics and Information Technology Startup Hub (MSH) and Invest India.
DPIIT Joint Secretary Sanjeev mentioned that 23 states are participating in the event.

Promotion of women leadership:

At the Startup Mahakumbh, it is not just startups that are showcasing; Rather, through this we are creating an environment where women lead creatively in every situation. Through this, women contribute to the development of industries.

Official app launched on Google Play Store:

'Startup Mahakumbh' has launched its official app on Google Play Store. All types of important information will be available on this.

What topics will be discussed in 'Startup Mahakumbh':

In this programme discussions will be held on the following topics:
- AI and Software-as-a-Service (SaaS)
- D2C/Consumer Brands
- Agritech
- Fintech
- Deeptech
- Biotech and Pharma
- Incubator
- Climate Tech
It will provide an opportunity for insightful discussions in areas including e-sports and B2B manufacturing.
The event is also supported by DPIIT, Ministry of Electronics and Information Technology Startup Hub (MSH) and Invest India.

Government aims to improve India's global ranking:

RK Singh, Secretary, Department for Promotion of Industry and Internal Trade, said the government aims to improve India's global ranking in terms of innovation. In this context, it is expected that Startup Mahakumbh will give a boost in this regard.
Currently, India is ranked 40th in terms of innovation and the government aims to move ahead of this. The government aims to make Startup Mahakumbh not just a big event but an annual event. So that the Indian startup ecosystem can advance the development.

Objective of organizing 'Startup Mahakumbh':

The event aims to unite innovators from across the country and transform it into the largest global event of its kind.
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FAQ

Answer: New Delhi

Answer: To unite innovators across the country and turn it into the largest global event of its kind.

Answer: Department for Promotion of Industry and Internal Trade (DPIIT) Its main organizers are: ASSOCHAM, NASSCOM, Bootstrap Incubation and Advisory Foundation etc.