Startup Mahakumbh's AI & SaaS Pavilion: A Glimpse into the Future of Technology and Innovation
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 event saw an inaugural address from
Shri Rajesh Kumar Singh, Secretary, DPIIT, Ministry of Commerce and Industry (MOC&I), Government of India (GoI), highlighting the significance of startups in the overall pie of the Indian economy.
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.
Moderated by
Umakant Soni, Chairman, AI Foundry, Co-founder & former founding CEO, ARTPARK, the AI & SaaS pavilion's keynote session, "The Future of AI/SaaS," featured visionary speaker
Srikanth Velamakanni, Co-Founder, Group Chief Executive, Executive Vice-Chairman, Fractal.ai, who delved into the transformative power of AI.
Velamakanni emphasized the burgeoning intelligence economy, predicting the integration of 7.5 billion people and 30 billion intelligent things by 2030, creating an unprecedented $15.7 trillion in new economic value. This evolution heralds a new era where AI and human collaboration will redefine productivity, innovation, and personalization across industries. Highlighting real-world applications, Velamakanni shared compelling examples from various sectors, including insurance, customer service, and idea generation, illustrating AI's capacity to enhance efficiency and outcomes. He also underscored the significance of language as a tool for communication and collaboration, championing the development of AI systems that understand and interact in native languages.
The pavilion also spotlighted the integration of AI in SaaS, with insights from industry leaders on leveraging digital public infrastructure, enhancing user experience with generative AI, and the critical role of AI in achieving sustainable development goals. Notable companies like Bhashini, which facilitates multi-lingual communication for government services, Zomato’s adoption of AI in customer service and operational efficiency, were highlighted as benchmarks of innovation.
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 also aims to 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
