Rajan Anandan, MD of PeakXV & Surge, Backs 'Startup Mahakumbh' Initiative At TiEcon Delhi 2024

TiEcon Delhi 2024 start-up event by TiE Delhi-NCR was a loud success, demonstrating the power of resilience and innovation in the start-up ecosystem with the theme ‘The New Bharat: Confident | Bold | Inclusion’.  

The conference witnessed the celebration of entrepreneurial spirit, exclusive business networking opportunities, and the recognition of outstanding achievements through various awards. 

The inaugural session commenced with a keynote address by Sivasubramanian Ramann, chairman of SIDBI.  

He said “The Fund of Funds for Start-ups (FFS) committed Rs 9,500 crore for the promotion of new ventures in the country. The commitment of Rs 9,500 crore has led to over 100 AIFs raising Rs 56,000 crore more. In line with the Start-up India Action Plan, the FFS aims to support development and growth of innovation-driven enterprises, including facilitating the funding needs for start-ups through participation in the capital of SEBI-registered Alternative Investment Funds.”  

Acknowledging the need to recognise and measure women's contributions to the economy, he further added, “The participation rate for women in states has been constantly dropping and to look for rapid growth there is a need for women to be far more active players outside the home." 

The TiEcon Delhi 2024 event, also announced its support for the– ‘Startup Mahakumbh’, the groundbreaking new initiative by Government of India scheduled to kick-off on March 18th, 2024.  

In support of the Startup Mahakumbh initiative, Rajan Anandan, MD, PeakXV and Surge said “The Startup Mahakumbh is being brought together by the entire Indian ecosystem of start-ups, investors, incubators, accelerators, and industry experts across sectors. Several industry associations, such as TiE Delhi-NCR, ASSOCHAM and NASSCOM have all joined hands to put together the ‘Startup Mahakumbh’. With the aim of providing exposure to the upcoming start-ups, allowing them a platform to showcase their innovation.”

TiEcon Delhi 2024 served as a platform for brands to share their insights with the larger ecosystem. Such as the Report by Havas Media Network India in partnership with Klug titled ‘Echoes from Social Media Influencers: In shaping the cultural narratives in Tier 2 and 3 cities in India’. 

TiE Delhi-NCR and Power2SME celebrated the 10th Season of the Spirit of Manufacturing Awards, honouring start-ups in the manufacturing domain for their remarkable achievements and innovations. 

The 16th edition of the TiE-Lumis Entrepreneurial Excellence Awards, recognised start-ups who have demonstrated resilience.  In addition to these, the conference marked the inaugural edition of the Startup CFO Awards in collaboration with Binary Semantics Ltd. 

TiEcon Delhi 2024 was supported by acclaimed business and industry partners such as Start-up India, Maruti Suzuki Innovation, Havas India, SAP, AWS, PeakXV, Microsoft, STPI, NETAPP Excellerator, and many more, reflecting the collaborative spirit driving India's startup ecosystem forward.