According to official sources, the second edition of Startup Mahakumbh, which began on April 3 at Bharat Mandapam in New Delhi, is being described as the largest startup showcase in the country so far. The event is organized by the Department for Promotion of Industry and Internal Trade (DPIIT) and aims to foster entrepreneurship and promote innovation.
Participation Doubles From Last Year
Reports state that around 3,000 startups are participating this year—twice the number compared to the previous edition. The event features pavilions across a significantly expanded area and hosts delegates from 64 countries, suggesting a marked increase in global interest in India’s startup space.
Rs 50 Crore Grant Challenge Announced
As per event details, a Rs 50 crore grant challenge has been introduced by various corporate groups to support early-stage businesses. Selected startups will reportedly receive mentorship and funding, with the aim of helping them scale and sustain their ventures.
Key Government Leaders Attend Inauguration
According to official announcements, the event was inaugurated by Commerce Minister Piyush Goyal and MoS Commerce Jitin Prasada, who delivered opening remarks. Their presence is seen as an indication of the government’s ongoing support for the startup ecosystem and economic innovation.
Focus on Networking, Learning, and Inclusion
Reports mention that masterclasses, talks, and mentorship sessions are being held for attendees. A noteworthy feature this year is the participation of over 45 tribal entrepreneurs, including startups nurtured by institutions such as IIM Calcutta, IIM Kashipur, and IIT Bhilai.
Industry Stakeholders Welcome the Event
Startup ecosystem leaders and investors are said to have acknowledged the government’s role in promoting entrepreneurship. Members of the organising committee and venture capital community reportedly view the event as aligned with the Viksit Bharat 2047 vision.
Seen as Step Toward Global Recognition
According to statements from industry insiders, Startup Mahakumbh is being considered a key effort in strengthening public-private collaboration and positioning India as a global hub for startups. It is being seen as a platform that brings together ideas, funding, and mentorship under one roof.
