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Company Name : Startup Mahakumbh

Monday, March 18, 2024 11:45PM IST (6:15PM GMT)
Climate Pavilion at Startup Mahakumbh Encourages Action and Innovation to Realize India’s Green Dream
New Delhi, Delhi, India
Startup Mahakumbh, the 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 highlighting the significance of startups in the overall pie of the Indian economy.
                             
Post the 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, E-sports, and B2B Manufacturing.
 
Day one at Climate Pavilion witnessed multiple sessions, keynotes, and exhibitions from startups such as Chlorohemp, Drinkwell, Greenshift Energy, Gap Solar and more. Speaking at the event, Aakash Shah, Partner, Peak Sustainability Ventures said, “Financing is a key challenge for all startups. The growth in India’s climate ecosystem has led to significant progress in sustainability innovation and moving towards India’s energy transition. Within the realm of venture capital, climate-related investments are witnessing rapid growth, signifying the increasing interest in building climate startups from India for the world.”
 
The keynote address was given by Gurdeep Singh, Chairman & Managing Director of NTPC Limited, who spoke at length on Meeting India’s Energy Demand’ and highlighted how power should be available, affordable, and sustainable. He further added that energy security, reliability, and affordability are very crucial as we make the transition towards a low-carbon economy.”
 
The inaugural session was moderated by Samir Shah, Managing Partner, Peak Sustainability, with panelists Punit Lalbhai, Vice-Chairman & Executive Director, Arvind Ltd; George Menezes, Chief Operating Officer, Godrej & Boyce; Shankar Venkateswaran, Co-Founder and Managing Partner - Sustainability Integration; Vivek Pathak, Global Head and Director of Climate Business, International Finance Corporation; Mahendra Singhi, Managing Director and CEO of Dalmia Cement highlighting how corporates are leading the way for sustainability.
 
The session was followed by a discussion on “India’s path to energy transition” by Arunabha Ghosh, Chief Executive Officer, of Council on Energy, Environment, and Water; Debi Prasad Dash, Executive Director, India Energy Storage Alliance; Amit Paithanker, Chief Executive Officer, Waaree Group; and more. The discussions concluded with a panel of Sandeep Patel, CEO and Founder, Nepra; Amrit Om Nayak, Co-founder and CEO, Indra Water; Amitabh Saran, Founder and CEO, Altigreen Propulsion Labs; Sandeep Chopra, Founder and CEO, Metafin Cleantech Finance Pvt Ltd; and Avnish Kumar, Founder and CEO - LivNSense on capital raising journey for climate founders.
 
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

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