The central authorities’s Division for Promotion of Business and Inner Commerce (DPIIT) has launched the Startup Maha Rathi problem as a part of the second version of Startup Mahakumbh.
The competitors will culminate with reside pitching finale from April 3-5, 2025 in Delhi.(Pixabay)
The initiative is geared toward empowering startups all through India with ₹30 crore funding, mentorship from trade specialists and networking alternatives with world buyers. It additionally entails particular awards for progressive startups.
Startup Maha Rathi offers with 11 sectors, together with AI and DeepTech, biotechnology and healthcare, gaming and sports activities, fintech, incubators and accelerators, mobility, agriculture know-how, B2B and precision manufacturing, D2C, local weather know-how and Defence and SpaceTech.
Union Commerce and Business Minister Piyush Goyal will likely be awarding this system.
The problem is backed by corporations together with Avaana Capital, LetsVenture, Karnataka Digital Financial system Mission (KDEM), IVCA and HDFC.
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What’s Startup Maha Rathi problem?
The competitors will observe a structured, multi-phase choice course of, starting with the appliance launch on February 26, 2025, and culminate in an unique reside pitching finale from April 3-5, 2025, at Bharat Mandapam, New Delhi.
Whereas every startup shortlisted for the grand jury spherical obtain a assured ₹1 Lakh, prime two startups from every sector will likely be awarded ₹10 lakh respectively, whereas the subsequent 5 will obtain ₹5 lakh every.
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Subsequent 5 startups in every observe will acquire entry to ₹3 lakhs every along with monetary grants, collaborating startups will obtain skilled steerage and investor entry by way of a jury comprising 100+ main VCs, angel buyers, and area specialists.
About Startup Mahakumbh
Startup Mahakumbh is a first-of-its-kind occasion bringing collectively all the startup ecosystem of India together with startups, buyers, incubators and accelerators, and trade leaders from a number of sectors.
The second version of Startup Mahakumbh is about to make a grand return in 2025, constructing on the great success of its inaugural version.
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The flagship startup occasion was a unprecedented success, attracting over 48,581 enterprise guests partaking with 1306 exhibitors together with most interesting startups, soonicorns, and unicorns, from 26+ states and 14+ international locations.
It additionally hosted 300+ incubators and accelerators and 200+ main angel buyers, VCs, and household workplaces.