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Searched Tag: startup mahakumbh
Devotees arrive at Sangam amid a rush during the ongoing Mahakumbh Mela 2025, in Prayagraj on Tuesday, Feb. 18, 2025.

Mahakumbh to drive local economy with ₹3 lakh crore business

February 19, 2025, 02:05 PM - 3 min read

The Mahakumbh festival in Prayagraj is expected to generate business worth over ₹3 lakh crore, according to the Confederation of All India Traders (CAIT). With nearly 60 crore devotees anticipated by February 26, the event is driving large-scale economic activity across multiple sectors in Uttar Pradesh.

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A dedicated policy for deep tech startups is in the final stages of inter-ministerial discussion and will be rolled out soon, a senior government official said on Monday.

Govt in final stages of developing dedicated deeptech startup policy: DPIIT Secy

March 18, 2024, 02:22 PM - 2 min read

"Extensive R&D is the answer for that and Government of India is in process of creating a separate dedicated deep tech startup policy. The policy paper is now in the final stages of inter-ministerial discussion. We hope to bring it forward soon. We will move towards creating funds of funds. Hopefully you will see separate window for deeptech startups," Singh said.

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Zomato CEO Deepinder Goyal on Monday advised entrepreneurs to be led by passion and drive while building the company of their dreams, and cautioned that starting a venture with the sole desire of making money won't work and may lead to "bad governance calls".

Startup Mahakumbh 2024: Zomato CEO stresses passion over profit in entrepreneurship

March 18, 2024, 02:04 PM - 2 min read

"I see a lot of founders starting a lot of companies, and I ask them why did you start this company, and the answer is 'I want to make a lot of more money' I don't think that works because that leads to bad governance calls... that's not the purpose with which you should start a company," he said while addressing a packed hall.

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The Startup Mahakumbh, starting on Monday, may have Prime Minister Narendra Modi as a special visitor, a senior government official said on Sunday.

PM Narendra Modi likely to inaugurate Startup Mahakumbh, government official says

March 18, 2024, 01:34 PM - 2 min read

Rajesh Kumar Singh, Secretary of the Department for Promotion of Industry and Internal Trade (DPIIT), a division of the commerce ministry, expressed optimism regarding the Prime Minister's potential visit. Singh highlighted the significance of the event, emphasizing its monumental scale, which surpasses previous iterations by over 100 times.

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Piyush Goyal, Minister of Commerce and Industry, delivered the inaugural address at the curtain-raising ceremony of "Startup Mahakumbh."

Piyush Goyal attended curtain raiser ceremony of 'Startup Mahakumbh' aimed at boosting startup

February 27, 2024, 11:46 AM - 2 min read

Goyal expressed optimism about the role of startups as the backbone of "New India," echoing Prime Minister Narendra Modi's vision of leveraging the entrepreneurial spirit to propel the nation forward. He emphasized the need for successful startups to seize the moment and capitalize on the opportunities presented by India's burgeoning startup ecosystem.

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