What Is The Initiative MahaKumbh By PM Modi?

Sristi Singh By Sristi Singh - Content Writer
3 Min Read

What Is The Initiative MahaKumbh By PM Modi? The Startup Mahakumbh-2024 kicked off on March 18th at the Bharat Mandapam in New Delhi, marking India’s largest and inaugural startup event under the theme “Bharat Innovates.” According to the commerce ministry, this gathering of stakeholders and experts is anticipated to catalyze the growth of burgeoning sectors such as deep tech, agritech, biotech, MedTech, AI, and gaming. The event boasts participation from over 2000 startups, 1000+ investors, 100+ unicorns, 300+ incubators, and accelerators, with over 3,000 conference delegates and representatives from over 10 countries. Additionally, it welcomes more than 3000 prospective entrepreneurs and over 50,000 business guests from across the nation.

As per the Ministry of Commerce and Industry, Startup Mahakumbh stands as the nation’s premier and pioneering startup initiative of its caliber. The event has drawn participation from top-tier investors, trailblazing innovators, and ambitious entrepreneurs. With over 2,000 startups, over 1,000 investors, over 100 unicorns, 300 incubators and accelerators, 3,000 delegates, 3,000 aspiring entrepreneurs, and more than 50,000 business visitors hailing from various corners of the country. Uttar Pradesh is the official state partner for Startup Mahakumbh.

The ‘Startup Mahakumbh’ has recently unveiled its official app on the Google Play Store, serving as a hub for essential information. The event promises to foster engaging discussions across various sectors, including AI and Software-as-a-Service (SaaS), Direct-to-Consumer (D2C) Brands, AgriTech, FinTech, DeepTech, Biotech, Pharma, Incubator, Climate Tech, eSports, and B2B Manufacturing.

This event is jointly organized by premier industry associations, Bootstrap Incubation & Advisory Foundation, and the Indian Venture and Alternate Capital Association. Prime Minister Modi, with great enthusiasm, asserts that this collective enthusiasm signifies India’s forthcoming emergence as a hub for successful startups and a developed IT center, areas where India has historically lagged. PM Modi further dispels the misconception among youths regarding startup ventures, emphasizing that substantial capital is not a prerequisite; rather, quality ideas and innovation are the key drivers. The prime minister’s overarching goal is to encourage entrepreneurship, positioning individuals as creators of job opportunities rather than mere job seekers.

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By Sristi Singh Content Writer
I'm Sristi Singh, an expert in computer technology and AI. Adhering to Google's E-A-T policy, I ensure authoritative content. As a Computer Science Engineer with a journalism degree, I excel in conveying complex tech trends in an engaging manner. My dedication reflects in bridging the gap between intricate technology and my audience.
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