Different members of the newly elected governing council embrace Vishal Gondal, cofounder and CEO of GOQii; Dhruvil Sanghvi, founder and CEO of LogiNext; Akanksha Hazari, founder and CEO of LoveLocal; Mayank Kumar, cofounder and MD of upGrad; Naiyya Saggi, cofounder of The Good Glamm Group; and Vivek Khemani, cofounder of Quantiphi.
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“Mumbai as a tech hub has been thriving and we’re ensuring the world is aware of about it,” Jain stated. “TEAM will play a key function in contributing in the direction of India’s Techade and our hon’ble PM’s imaginative and prescient of a $1-trillion tech ecosystem. It’s an honour to co-chair this organisation and work intently with the federal government and trade to continue to grow Mumbai’s tech ecosystem exponentially.”
Fashioned in October 2022, TEAM contains 46 founders from Mumbai-based tech firms together with BillDesk, BookMyShow, CitiusTech, Dream11, Eruditus, Fino, Video games 24×7, Haptik, Hungama, Nazara Applied sciences, Pepperfry, PharmEasy, Pine Labs, Purplle, Route Cell, Shaadi.com, Upstox, and Zepto, amongst others.
“The primary yr of TEAM was merely placing Mumbai tech on the map. It was about galvanising the prevailing group of unicorn and soonicorn founders,” Vaish stated. “Now that the inspiration is in place, the following two years are going to be all about grassroot growth. We wish each younger founder and engineer to begin considering of Mumbai as considered one of their prime selections to construct a startup.”
TEAM just lately carried out its flagship occasion ‘Mumbai Tech Week’ that introduced collectively Mumbai’s tech group, together with over 4,000 tech lovers and high-profile audio system from the federal government and tech world.
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In the course of the occasion, Maharashtra deputy chief minister Devendra Fadnavis unveiled ‘Mumbai Megapolis Metaverse’, geared toward showcasing ongoing infrastructure developments in Mumbai via a digital illustration of town within the metaverse, envisioning the transformation of the Mumbai Metropolitan Area (MMR) by 2025.In keeping with Tracxn, Maharashtra’s tech startup ecosystem has obtained $30 billion in funding as much as February 2024, inserting it second solely to Karnataka. In 2023, the Maharashtra tech sector noticed 4 funding rounds exceeding $100 million, a notable drop from the 13 witnessed in 2022 because the funding winter cooled investor exercise.
