Start Ups

Startup Maha Rathi Launches ₹30 Cr Prize Pool for Entrepreneurs

Published: February 28, 2025
Author: Fashion Value Chain

The Department for Promotion of Industry and Internal Trade (DPIIT), in partnership with Avaana Capital, LetsVenture, KDEM, IVCA, HDFC, and other key stakeholders, has launched Startup Maha Rathi, an initiative under Startup Mahakumbh to support early and growth-stage startups across 11 key sectors.

With applications open until March 8, 2025, this initiative aims to provide startups with funding, mentorship, and global networking opportunities. Selected startups will gain access to a ₹30 crore prize pool, industry guidance, and exposure to investors, reinforcing India’s vision of Viksit Bharat 2047.

Key Sectors Covered:

AI & DeepTech
BioTech & HealthTech
Gaming & Sports
Fintech
Incubators & Accelerators
Mobility
Agritech
B2B & Precision Manufacturing
D2C
ClimateTech
Defence & SpaceTech

Selection Process & Prizes

The challenge follows a structured multi-phase process, culminating in a live pitching finale from April 3-5, 2025, at Bharat Mandapam, New Delhi.

Guaranteed ₹1 Lakh for every startup shortlisted for the grand jury round
₹10 Lakh each for top two startups per sector
₹5 Lakh each for the next five startups in each sector
₹3 Lakh each for the next five startups

The competition will be judged by a jury of 100+ top VCs, angel investors, and industry leaders from Startup India, Avaana Capital, LetsVenture, KDEM, IVCA, HDFC, and other renowned organizations.

Industry Leaders on Startup Maha Rathi

Shri Piyush Goyal, Union Minister for Commerce & Industry:
“This initiative is a significant step toward Viksit Bharat 2047, providing startups with financial support and expert mentorship to drive innovation and economic growth.”

Shri Amardeep Singh Bhatia, Secretary, DPIIT:
“India’s startup ecosystem is at a crucial juncture. Startup Maha Rathi will ensure high-potential ventures receive the right support to scale and succeed.”

Anjali Bansal, Founding Partner, Avaana Capital:
“Programs like this help startups tackle India’s key challenges, from sustainability to deep tech, reinforcing our global leadership in innovation.”

Eligibility & How to Apply

Eligibility: DPIIT-recognized early or growth-stage startups, registered as a Private Limited Company, LLP, or Partnership Firm.
Application Deadline: March 8, 2025
Apply Now: Startup India Website

Startup Maha Rathi 2025 presents a unique opportunity for Indian entrepreneurs to scale their ventures, gain visibility, and contribute to India’s innovation-driven future.

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