Mumbai Festival 2024 Sets The Stage For StartUp Mumbai Challenge At BSE

  • Leading entrepreneurs to ring the bell at Bombay Stock Exchange celebrating Mumbai’s StartUp movement.
  •  Turbostart powers Forever Planet- the Start-Up Mumbai Challenge
  • Shortlisted startups will pitch their concepts to get up to USD 500,000 in cash and mentorship on 25th January.
  • The United Nations is a partner for the festival’s initiative, highlighting the need for focus on eco-conscious businesses.

Mumbai, January 23, 2024: The excitement is building as the Mumbai Festival 2024 gears up to host the inaugural StartUp Mumbai Challenge on January 25 at the iconic Bombay Stock Exchange (BSE). This dynamic addition to the festival, in collaboration with Turbostart, a global player in the startup ecosystem, aims to cement Mumbai’s identity by promoting innovation and entrepreneurship.

The “Forever Planet” StartUp Mumbai Challenge is a key component of the Mumbai Festival’s mission to advance, change, and promote Mumbai as a centre for international innovation. A highlight of the event’s first edition, the “StartUp Mumbai Challenge”, targets businesses and concepts that prioritize eco-friendly living and environmental preservation. The event has received support from the United Nations, demonstrating the worldwide reach of the project. Participating startups would get the unique opportunity to receive mentorship from some of the brightest entrepreneurial minds and have the chance to get funding up to USD 500,000.

The panel of Mentors for the Startup Mumbai Challenge are some of the most inspirational leaders in business and innovation: Anand Mahindra, Chairman, Mahindra Group; Ronnie ScrewvalaChairperson and Co-Founder, upGrad; Vikas AgnihotriDirector, InMobi and GlobalBeesKaustubh DhavseJoint Secretary and OSD to the Deputy Chief Minister- Govt of Maharashtra and Harsh JainCEO & Co-founder, Dream11 and Dream Sports.

On the occasion of the StartUp Mumbai Challenge, in partnership with the Bombay Stock Exchange, the panel of mentors along with other key dignitaries would ring the bell at the Bombay Stock Exchange in celebration of the StartUp movement in Mumbai.

With the United Nations India as the Festival’s partner, the Mumbai Festival has embraced the UNSDGs and Global Goals finding inspiration for the themes and execution of the various initiatives. The StartUp Mumbai Challenge has embraced the environment’s needs and are focused on businesses and business ideas that are planet friendly through the “Forever Planet” theme.

About Mumbai Festival:

The Mumbai Festival from 20th January to 24th January 2024, in its inaugural edition, emerges as a grand celebration spanning nine days, taking center stage across diverse locations in the heart of Mumbai. With a mission to showcase the city’s lifestyle-kaleidoscope, the festival brings together a tapestry of events, performances, and experiences. Spearheaded by the dynamic Mr. Anand Mahindra, serving as the Chairperson of the Mumbai Festival Advisory Committee, and curated and event managed by Wizcraft Entertainment Agency, the cultural phenomena aims to capture the essence of Mumbai’s rich heritage and indomitable spirit. This festival promises to become an iconic annual celebration, uniting communities and celebrating the vibrant cultural mosaic that defines the city of Mumbai.

About Directorate of Tourism:

Directorate of Tourism, the flagship body of Maharashtra Tourism, looks after introducing and implementing various tourism schemes, promotions and publicity to boost tourism in the State. Since the inception of the Directorate of Tourism, Government of Maharashtra, the State has attained several milestones and bagged numerous accomplishments with the help of various initiatives.