News

Startup Mahakumbh 2025 Inaugurated in New Delhi by Union Minister Piyush Goyal.

National | Dated: 10 Apr 2025

Union Minister Piyush Goyal, Ministry of Commerce and Industry (MoC&I), inaugurated the 2nd edition of Startup Mahakumbh, held from April 3 to 5, 2025, at Bharat Mandapam, New Delhi.

🎯 Key Highlights:

- Startup Mahakumbh 2025, recognized as the world's largest event for startups and innovation, was organized by the Federation of Indian Chambers of Commerce and Industry (FICCI).
- The event was supported by leading industry associations including ASSOCHAM, The Indus Entrepreneurs (TiE), Indian Venture and Alternate Capital Association (IVCA), and the Bootstrap Foundation.

💡 Other Important Facts:

(i) During the event, Union Minister Piyush Goyal announced the approval of a Second Fund of Funds for Startups (FFS) with a total corpus of ₹10,000 crore (USD 1.17 billion). He also announced the launch of a dedicated Startup India Desk within the Ministry of Commerce and Industry.
(ii) The Startup Maharathi Challenge 2025 was unveiled, aiming to honour outstanding startups contributing to India’s innovation ecosystem.
(iii) The India Fintech Foundation (IFF) was officially launched as a proposed self-regulatory organization (SRO) for the Indian fintech sector. The logo of IFF was unveiled by Amitabh Kant, India’s G20 Sherpa.

📚 Test Your Knowledge:

Who recently inaugurated the 2nd edition of Startup Mahakumbh 2025 in New Delhi?

Correct Answer: Piyush Goyal

🚀 Quick Recap:

About Federation of Indian Chambers of Commerce and Industry (FICCI)

President : Harsha Vardhan Agarwal
Headquarters : New Delhi