What is a startup?
Startup Mahakumbh is the first event of its kind, bringing together the entire startup ecosystem of India including startups, investors, incubators and accelerators and industry leaders from multiple sectors. The event is scheduled from March 18-20, 2024 at Bharat Mandapam, New Delhi. Led by the collaborative efforts of ASSOCHAM, NASSCOM, Bootstrap Incubation and Advisory Foundation, TiE and Indian Venture and Alternative Capital Association (IVCA), the event will feature sector-focused pavilions showcasing India's most innovative startups.
With the central theme 'Bharat Innovates', the event will also include mentorship clinics, pitch competitions and a multi-track conference featuring leadership talks, panel discussions, workshops and many exciting activities for startups as well as future entrepreneurs. The event will also host Future Entrepreneurs Day on March 20, which will focus on inculcating the entrepreneurial spirit among students. Future Entrepreneurs Day is expected to gather around 5,000 individuals selected by colleges and incubators across the country for their inclination towards entrepreneurship.
Aimed at enabling handshakes and connecting startups with innovators as well as potential corporate partners like VCs, angel investors, family offices and HNIs, the event features 1000+ startups, 10+ thematic tracks, 1000+ investors, 500+ Incubators and Accelerators, is expected to host 5000+ conference delegates, 10+ country delegations and 40,000+ trade visitors over a period of three days.
Highlights of Startup Mahakumbh 2024
Central Theme: ‘India Innovates’
- Focus on AI+SaaS, D2C/consumer brands, agritech, fintech and more.
- Launch of a dedicated pavilion for B2B manufacturing for the first time in India.
Diverse Lineup of Industry Leaders
- Notable speakers include Amitabh Kant, Sivasubramaniam Raman, Falguni Nair, Sridhar Vembu, Prashant Prakash and Sanjeev Bikchandani.
Attractive Activities for Startups
- Mentorship clinics, pitch competitions, and multi-track conferences.
- Leadership talks, panel discussions, workshops and other interactive sessions.
Future entrepreneurs day
- Focus on promoting entrepreneurial spirit among students.
- Participation of 3,000 students selected for mentorship and collaboration opportunities.
Investor Insights and Learning Opportunities
- A masterclass in pitching and storytelling.
- Interact with angel investors to understand investor expectations.
- Launch of a structured 30-hour online entrepreneurship learning program culminating in certification.
Standup India Scheme
Under Standup India Scheme, business loans ranging from Rs 10 lakh to Rs 1 crore are given to SC/ST, backward class and women of all categories for business. If two people together want to take Standup India Loan, then one of the entrepreneurs should be a Scheduled Caste, Scheduled Tribe or woman and they should have 51% stake in the business. This loan carries an annual interest rate of 3% along with the base rate. The duration is 7 years.