The event kicked off on the 17th of February with Dr.Jitendra Singh, Hon’ble Minister of State (I/C), Minister of S&T & ES, Govt. of India delivering the inaugural address. The conclave marked the largest event of its kind following two days filled with new product launches, Exhibitions, and a series of keynote sessions. The technological innovations seen there is a harbinger of what’s to come in the future ahead in sectors such as healthtech, agritech,fintech,edtech, etc.

“India is becoming a preferred destination for startups due to its vast unexplored potential, and the ease of business and regulatory environment provided by Prime Minister Narendra Modi and the current government,” Dr. Jitendra Singh claimed at the inaugural speech. “Due to the new supportive ecosystem 10,000 startups were registered in 2021 alone, and that currently there were over 50,000 startups in India today, providing more than 2 lakh jobs.” He added.

With several attendees from major industries, India first tech startup conclave & awards was able to gather the entire startup ecosystem including distinguished participation by the best breed of innovators, policymakers, industry experts, government representatives, and entrepreneurs.

The event displayed the next wave of innovation that will shape the startup ecosystem of our country in 2022 and the economy of tomorrow. The event has featured a plethora of exhibitors unveiling innovation across the fields that will better the world and solve global challenges.

On the occasion, AICRA rewarded outstanding startups and ecosystem enablers contributing to the dynamism by spurring innovation. A range of startups with their remarkable products/ solutions have been recognized through these awards.

The event once again showed the vital role of startups in the growth of India’s economy. As dr Singh claimed at the inaugural speech, startups could play a vital role in contributing towards India becoming a $5 trillion economy by 2025.

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