Amity Innovation Incubator Hosts Bharat Startup Yatra

Welcomes 1,100+ Startups and a Global Audience of 5,000 at Bharat Startup Festival

NOIDA, India, Nov. 15, 2024 /PRNewswire/ — Amity Innovation Incubator, in collaboration with the Bharat Startup India Summit (BSIS), organized the Noida Edition of the Bharat Startup Yatra, which saw an enthusiastic gathering of over 1,100 startups and a live audience of 5,000 from 14 countries and 29 cities worldwide. Hosted at Amity University, Noida, the Bharat Startup Festival marks a historic milestone as the first multi-country startup ecosystem hybrid program held in Bharat.

The event’s Chief Guest, Hon’ble Shri Sunil Kumar Sharma, Minister of Electronics & IT, Government of Uttar Pradesh, commended Dr. Aseem Chauhan, Chancellor of Amity University, and Shri Vinayak Nath, President of BSIS, for initiating this unique national program. He emphasized the importance of leadership and highlighted the government’s commitment to empowering young entrepreneurs to drive the state and national economy forward.

Speaking at the event, Dr. Aseem Chauhan, Chancellor of Amity University and President, Amity Innovation Incubator, highlighted Amity’s leading role in fostering innovation and entrepreneurship across its campuses. He praised the Amity Innovation Incubator for its efforts in supporting budding entrepreneurs on their journey to success and establishing Amity as a model in the startup ecosystem.

Shri Awanish Awasthi, IAS (Retd.), Chief Advisor to the Chief Minister of Uttar Pradesh, noted the timeliness and impact of the Bharat Startup Festival, emphasizing the festival’s role in guiding startups through the ecosystem with a holistic approach. He further emphasized Uttar Pradesh’s mission to achieve a $1 trillion economy under the leadership of Chief Minister Shri Yogi Adityanath and expressed confidence in Amity’s startups to contribute significantly to the state and nation’s economic growth.

Mr. Vinayak Nath, National President of BSIS, shared insights on India’s rapid ascent as the third-largest startup ecosystem globally, with aspirations to reach the second position by 2026. He highlighted Uttar Pradesh’s talent pool, noting that nearly half of India’s unicorn founders originate from the state. Nath also announced the launch of a BSIS Industry Cell at all Amity campuses globally, which will provide a single-window interface to connect startups with investors, mentors, and government programs.

The event featured interesting Panel Discussions and Fireside Chats with experts from well-known corporations including Microsoft, Thinkuvate, Kent RO, and others, who discussed the future of AI, Deep Tech, and their impact on startup fundraising.

Mr. Vinay Kumar, Director of AI Microsoft, APAC, outlined the transformative role of artificial intelligence (AI) in industries such as healthcare, finance, manufacturing, and education, stressing AI’s potential to drive data-driven decisions and automate processes for enhanced customer experiences.

The event concluded with a Vote of Thanks by Smt. Swati Nath, CEO & Secretary General of BSIS, and was attended by prominent leaders, including Col. Saurabh Sanyal, Advisor-in-Chief, BSIS, Mr. Mahesh Gupta, Chairman, Kent RO, Dr. Balvinder Shukla, Vice-Chancellor, Amity University – Uttar Pradesh and Mr. Shammi Khanna, Co- Founder & Managing Partner, Dolce Vita Advisors.

About Amity Innovation Incubator

The Amity Innovation Incubator, a pioneering concept within Indian universities, is supported by the Department of Science and Technology (DST), Government of India. It was recognized in the band of ‘Top Performers’ among the best incubators of India by the Atal Innovation Mission, NITI Ayog and was recently awarded ‘Incubator of the Year 2024’ by the Asian Association of Business Incubation. Known for its rigorous selection process, the incubator has been instrumental in supporting tech-based startups that have earned accolades on platforms like ‘The Power of Ideas,’ Red Herring Global, Tata NEN, and the NASSCOM Innovation Awards. The Incubator was awarded ‘Best Innovation Incubator’ by Business World and ranked 3^rd among brilliant startup incubators by Entrepreneur magazine. 

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