Calling all aspiring entrepreneurs and startup enthusiasts. Get ready for an electrifying event as Bharat Mandapam is all set to host the much-anticipated ‘Startup Mahakumbh’ from March 18 onwards. It is going to gather startups, unicorns and soonicorns from all over the country in one place.

Commerce and Industry Minister Piyush Goyal happily shared the news. He said it is going to be a special time, showing off India’s amazing journey in starting businesses. It is all thanks to the energy of young people, the smart ideas of talented youths and the advanced technology as well as innovation we have here.

India proudly stands as the third-largest startup ecosystem globally, with over 1.17 lakh startups already recognized by the Ministry. This big number shows how much innovation and business excitement is growing all over the country.

To help and encourage startups to grow, the government has put in place different ways of support. One such initiative includes providing tax incentives such as income tax benefits under the Startup India Action Plan to eligible startups. This action is meant to make things easier for startups financially and help them grow and get better.

Moreover, in a recent development, the government proposed extending tax incentives for startups and investments made by sovereign wealth or pension funds until March 2025. This decision shows that the government is serious about making a good environment for startups to do well and get investors interested.

‘Startup Mahakumbh’ is more than just a meeting. It is a party celebrating new ideas, teamwork and the unstoppable drive to start businesses. So mark your calendars and join at Bharat Mandapam from March 18 onwards for an unforgettable experience.