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The third and final day of Startup Mahakumbh concluded with high-octane
energy as the Defence, Space & B2B,
Precision Manufacturing Pavilion continued to spotlight India's ascent
in strategic and deep-tech innovation. With the spirit of Atmanirbhar Bharat
resonating throughout, the sessions brought together bold founders, industry
experts, and policy makers shaping the future of India's high-impact sectors.
During a powerful panel on ‘Defence Startups: Growth Engines of Viksit
Bharat’, anchored by Capt. Vishal Kanwar (Retd), Managing Director and
Aerospace, Defence & Space Leader at PwC, leading voices including Ankit
Mehta, CEO, ideaForge Technology Ltd, Prashant Chiranjive Jain, Head-Corporate,
L&T, Prithwish Kundu, Founder & CEO, Green Aero, and Soma Sekhar Vedantam,
CEO, Meridian Data Labs came together. The conversation centered on
fostering indigenous technologies, driving R&D efforts within the
ecosystem, building cross-sectoral collaborations, and pushing India towards
global leadership in innovation.
In a development on the sidelines of
the event, National Skill Development Corporation (NSDC) announced the signing
of MoU with Pandit Deendayal Energy University (PDEU) to establish centre of
excellence for skill development in energy technologies and semiconductor
sector.
Furthermore, the session on ‘Opportunities in Defence and Space Tech’
was moderated by Yachna Luthra,
Senior Associate, IVCA. The panel brought together prominent venture
capitalists—Ashish Taneja, Founding
Partner, GrowX Ventures, Cdr Navneet
Kaushik, Founder, Managing
Partner, Jamwant Ventures, Girish
Shivani, Executive Director and Fund Manager, Yournest, Raj Sethia, Founder, Managing Partner,
MountTech Growth Fund – Kavachh, and Vinod
Shankar, Founding Partner, Java Capital— shared insights around what
makes defence and space tech sector investible. Key highlights captured the
need to develop India’s deep domain expertise, a dual-use approach to
innovation, and strong regulatory navigation. The panel unanimously agreed that
India's expanding policy frameworks, evolving geopolitical posture, and
investor confidence have created fertile ground for transformational startups
in these sectors.
On the sidelines, another interesting
panel on 'Fintech Meets B2B: Evolving
Financial Strategies for Enterprise Growth' moderated by Karthik
Prabhakar, Managing Partner, Peer
Capital, including panelists Arup Kumar, Managing Director, SIDBI Venture Capital Ltd, Parthesh Shah, Co-founder, Knight FinTech, and Sonali
Jindal, Founder, Rezolv provided
actionable insights on unlocking India's potential in fintech sector. The
discussion underscored the need for long-term capital, seamless academic
linkages, and policy-driven incentives to catalyse indigenous development in
critical technologies. The panel collectively emphasised that for India to lead
globally in deep-tech, fostering a resilient ecosystem that reduces financial
strain on young entrepreneurs is crucial.
Rounding off the discussion around ‘0-1 in Manufacturing’ explored how
founders are building from first principles in sectors like advanced textiles,
specialty chemicals, and agri-tech. Moderated by Akshay Sharma (VP,
3one4 Capital), the session featured startup journeys from panellists - Piyush
Jalan (Co-founder, Thimblerr), Sachin Santosh (Co-founder,
Scimplify), and Shreshtha Kukreja (CEO, Whizzo). Their stories reflected
the depth of India's MSME ecosystem, regulatory readiness, and product-market
co-creation, as well as their commitment to navigating stringent global
frameworks like the US FDA and EPA to scale precision manufacturing ventures
from India to the world.
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INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
INDUSTRIAL PRODUCTS FINDER (IPF) is India’s only industrial product portal. Referred to as the ‘Bible’ of the manufacturing sector in India,
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