Ministry of Commerce & Industry
Empowering Indian Startups: Union Minister Shri Piyush Goyal Reaffirms Government’s Commitment at Startup Mahakumbh
Posted On:
04 APR 2025 9:57PM by PIB Delhi
Following the grand inauguration of the Startup Mahakumbh on April 3, 2025, Union Minister for Commerce and Industry, Shri Piyush Goyal, returned to Bharat Mandapam for a walk through of the mega exhibition on Day 2 of the event.
Addressing the media during his walk through, the minister heaped lavish praise on the work of startups. “Having visited the exhibition, the flavor that I got–the taste of innovative work that our young men and women have created through their sheer tenacity, hardwork, spirit of enquiry, research and innovation–is music to one’s ears,” he added. “You can see the work of world-class quality, experience the technologies created on energy efficiency, powering electronics, see the defence equipment that young startups are creating, and realise how fintech is becoming a source of empowerment for the common citizen…” he said, referring to his visit to Startup Mahakumbh as “truly an experience of a lifetime.”
The second edition of Startup Mahakumbh features 10 thematic pavilions covering key industries such as AI, DeepTech & Cybersecurity, HealthTech & BioTech, AgriTech, Climate Tech, Incubators & Accelerators, D2C, FinTech, Gaming & Sports, B2B & Precision Manufacturing, Defence & Space Tech, and Mobility. Shri Piyush Goyal visited a number of exhibits showcasing groundbreaking innovations in Climate Tech, BioTech, AI, and DeepTech and more, ranging from intelligent air purifiers and EV tractors to AI-driven platforms for functional brain mapping and cutting-edge manufacturing drones for defense applications.
Specially curated Startup Booths/Pods within each pavilion offer startups and organizations a platform to showcase their innovations to key stakeholders, including angel investors, venture capitalists, corporate and ecosystem-driven incubators, accelerators, government agencies, and international investors. Startup Mahakumbh features over 3,000 startups, 1,000+ investors and incubators, and 10,000+ delegates from 50+ countries, making it a prime opportunity for startups to pitch their businesses, build investor relationships, and secure crucial funding.
The union minister emphasized that he was confident India would emerge as a global leader in innovation and technology-driven growth. “This is the base–the foundation--on which I am confident, India will foray in a very big way into the world of innovation. We will make our presence felt on the global stage. I go back extremely satisfied with the work done with our young startups. Young India is raring to go. And they are ready to capture the world,” he said.
A landmark moment in India's fintech journey with the launch of the India Fintech Foundation was also witnessed in the esteemed presence of Shri Amitabh Kant, Shri Sanjiv Singh, Joint Secretary, DPIIT, and Shri NS Vishwanathan, former deputy governor of Reserve Bank of India (RBI). This initiative marks a significant step towards fostering a sustainable, innovative, and self-regulated fintech ecosystem in India.
Shri Amardeep Bhatia, Secretary, Department for Promotion of Industry and Internal Trade also engaged with startups from various sectors today at the Startup Mahakumbh. During the event, he also visited the startups showcased at the SCO Pavilion.
Building on the success of the inaugural edition, which featured over 1,300 exhibitors and attracted more than 48,000 visitors, Startup Mahakumbh 2025 is one of India’s largest innovation and entrepreneurship events and promises an even bigger and more impactful platform for startups, investors, and industry leaders. The event witnessed a remarkable turnout, with a footfall of 107823 over two days.
About Startup Mahakumbh
Startup Mahakumbh is a first-of-its-kind event bringing together the entire startup ecosystem of India including startups, investors, incubators and accelerators, and industry leaders from several sectors. led by FICCI, ASSOCHAM, NASSCOM, TiE, IVCA and Bootstrap Foundation, and supported by GEM, SIDBI, ECGC, DPIIT and MeitY.
The second edition of Startup Mahakumbh is set to make a grand return in 2025, building on the tremendous success of its inaugural edition. The flagship startup event was an extraordinary success, attracting over 50,000 business visitors engaging with 3000 exhibitors including finest startups, soonicorns, and unicorns, from 26+ states and 50+ countries. It also hosted 1000+ incubators and accelerators and 1000+ leading angel investors, VCs, and family offices.
For more information, visit www.startupmahakumbh.org.
***
Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas
(Release ID: 2119100)
Visitor Counter : 798
Read this release in:
Hindi