Government e-Marketplace showcases startup power, unlocks new growth avenues
The Government e-Marketplace (GeM) showcased its role in supporting startup growth and underlined the potential of public procurement as a tool for promoting innovation and inclusive development
Published on Apr 6, 2025
By IANS
- NEW DELHI — The Government e-Marketplace (GeM) showcased its role in
supporting startup growth and underlined the potential of public procurement as
a tool for promoting innovation and inclusive development, at the
just-concluded ‘Startup Mahakumbh 2025’ here, the Ministry of Commerce and
Industry said on Sunday.
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- The ‘Startup Mahakumbh’ marked significant participation and
highlighting the growing strength of India’s entrepreneurial ecosystem.
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- As a strategic presenting partner, GeM engaged with a wide
range of startups, investors, policymakers, and industry leaders during the
event.
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- Its participation reflected an ongoing effort to support the
growth of Indian startups by facilitating access to government markets,
encouraging new opportunities, and contributing to the broader vision of an
‘Atmanirbhar Bharat,’ said the ministry.
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- The event saw sector-focused pavilions that celebrated
India’s strength in DeepTech, AgriTech, BioTech, MedTech, Artificial
Intelligence, Gaming, and more.
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- GeM’s presence underscored its mission to bridge the gap
between innovators and government buyers, enabling faster scale, market
validation, and meaningful contribution to India’s global innovation standing.
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- The impact of GeM at the Mahakumbh was further amplified
through a high-energy panel discussion that drew a packed audience and featured
sharp insights from GeM leaders, industry experts, and policymakers.
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- The sessions reinforced GeM’s role in transforming public
procurement into a launchpad for India’s next generation of entrepreneurs.
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- Speaking on the theme of government-startup collaboration,
Ajay Bhadoo, CEO of GeM, said, “Let’s work together and unlock the true
potential of public procurement in driving startup growth, inclusive
development, and Atmanirbhar Bharat.”
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- His keynote address underlined the transformative potential
of platforms like GeM in scaling innovative homegrown solutions and supporting
startups with policy-driven opportunities.
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- During the three-day event, GeM responded to over 2,500
startup queries, facilitated over 1,000 startup registrations and cataloguing, and
hosted more than 1,500 interactive sessions — including one-on-one mentoring
and group engagements — focused on onboarding and skilling through GeM’s
Learning Management System (LMS).
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- GeM’s Pavilion hosted over 70 innovative startups, including
30 startup pods awarded free of cost to winners of GeM’s ‘Start-o-nauts
Challenge’.
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- GeM has so far enabled over Rs 38,500 crore in transactions
for over 30,000 startups, reinforcing its position as a true catalyst in
India’s innovation ecosystem.
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