Deep Tech Pavilion Sees Insights from Dr. Vibha Sawhney & Lt Gen Anil Kumar Bhatt Around the Importance of Commercialization, During Startup Mahakumbh
Startup Mahakumbh, nation’s biggest celebration of the startup ecosystem, commenced today, at Bharat Mandapam, setting the stage for three days of collaboration, inspiration, and transformative discussions. The sessions at the nasscom deeptech pavilion started with an interesting panel discussion highlighting the commercialization of Deep Tech innovation.
The event is spearheaded by the collaborative efforts of ASSOCHAM, nasscom, Bootstrap Incubation & Advisory Foundation, TiE and Indian Venture and Alternate Capital Association (IVCA) and supported by Invest India, Department for Promotion of Industry and Internal Trade (DPIIT) and Ministry of Electronics and Information Technology (MeiTY). Startup Mahakumbh promises a showcase of unparalleled innovation, highlighting transformative products and revolutionary business models by its key presenter Government e Marketplace, pavilion leads including Zerodha and National Bank For Agriculture And Rural Development (NABARD) and support from states including Bihar, Rajasthan, Karnataka and Kerala. Powered by Small Industries Development Bank of India (SIDBI), Zomato and Export Credit Guarantee Corporation of India (ECGC), Startup Mahakumbh also has the state of Uttar Pradesh as state partner for the event.
Post-inauguration, day one witnessed a diverse range of activities and sessions across 10 pavilions including AI + SaaS, D2C/Consumer brands, Agritech, Fintech, Deep Tech, Biotech & Pharma, Incubators, Climate Tech, E-sports, and B2B Manufacturing.
The session witnessed interesting panel discussions about IP framework, the future path for deeptech startups, IP protection and rethinking research funding models for deeptech advancements. Dr. Vibha Sawhney (Scientist ‘H” & Head Tech Management Directorate, CSIR, govt of India) and Abhi Deshmukh (CEO & CTO, iHub Anubhuti-IITD Foundation) shed light on how India’s IP framework can contribute to achieving the Viksit Bharat 2047 vision. The session was moderated by Jeet Vijay (CEO, MeitY startup hub) who spoke about different government programs to support deeptech startups and how raising awareness about them will lead to more patent filing.
The session also saw engaging panel discussions on research funding models for deep science advancements and IP protection strategies. Lt Gen Anil Kumar Bhatt (Director General, Indian Space Association) talked about deeptech-based private space companies are undertaking exemplary work with the help of initial funds from ISRO coupled with funds from VCs and support from retired ISRO mentors. Raghav Aggarwal (Director general, Indian Space Co-founder, Fluid AI) spoke about the need for core infrastructure development, apart from funding, to help Indian deeptech startups.
Talking about the sessions held at the nasscom deeptech pavilion, Kritika Murugesan, Senior Director, Deep Tech & Startups, nasscom, said, “The Indian deeptech startup ecosystem is brimming with great ideas, and this is the right time to support them and see them to fruition.
Today’s insightful discussions about IP framework, patient capital, and protection underscored the strategies and path Indian deeptech startups can take to keep up the momentum and see success in the future.”
Startup Mahakumbh onboards top unicorns in the sponsors list, with Games 24X7, Oyo and Info Edge as Unicorn Gold sponsors, Dream11, Flipkart, Infra Market, Moglix, Nykaa as Unicorn Silver sponsors, BharatPe and Razorpay as Unicorn Bronze sponsors. The list of AIF sponsors includes Accel, Rukam Capital and Peak XV in the gold category, Aavishkar Group, Elevation Capital, Iron Pillar in the silver sponsorship category and Avendus Capital, Chiratae Ventures, Fireside Ventures, IvyCap Ventures and Sorin Investments in the bronze category of AIF sponsors.
The event will also connect Indian startups with event partners including Dalmia Bharat & Google (silver partners), Acko, Captain Fresh, Mobile Premier League (MPL), Jetsynthesis, Tally (bronze partners), IAN & Blume Ventures (session partners), IDFC First Bank (Bank partner), MM Active & India Mobile Congress (IMC) (Event partners) and Indian School of Business (ISB) (Academic partner).
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. Spearheaded by the collaborative efforts of ASSOCHAM, nasscom, Bootstrap Incubation & Advisory Foundation, TiE, and Indian Venture and Alternate Capital Association (IVCA), the event will have sector-focused pavilions, which will showcase India's most innovative startups. With the central theme, ‘Bharat Innovates’, the event will also feature mentorship clinics, pitch competitions, and a multi-track conference featuring leadership talks, panel discussions, workshops, and a host of exciting activities for startups as well as future entrepreneurs. The event will also host Future Entrepreneurs Day on March 20, with a focus on cultivating the entrepreneurial spirit among students. The Future Entrepreneurs Day is expected to gather close to 3,000 individuals handpicked by colleges and incubators nationwide for their inclination towards entrepreneurship. With the purpose of enabling handshakes and connecting startups with a spectrum of inventors such as VCs, angel investors, family offices, and HNIs- as well as potential corporate partners, the event is expected to host 2,000+ startups, 100+ unicorns, 10+ thematic pavilions, 1,000+ investors, 300+ incubators & accelerators, 3,000+ conference delegates, 10+ country delegations, and 50,000+ business visitors over the span of three days.
For more details, please visit:
https://startupmahakumbh.org/
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Source: BUSINESS WIRE INDIA
