Jammu, April 09 (KNS): In a significant development, two startups M/s Genetico Pvt. Ltd. and M/s GR8 Pvt. Ltd. from J&K have emerged victorious at the prestigious Startup Mahakumbh 2025, clinching top honors in the Startup MahaRathi Challenge.
M/s Genetico Pvt. Ltd. received an award of Rs. 20 lakh under the HealthTech & BioTech sector, while M/s GR8 Sports Pvt. Ltd. won Rs. 5 lakh under the Gaming & Sports sector, emerging as top performers among startups from across India in their respective categories.
The Startup MahaRathi challenge is a flagship initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) to organize competition amongst promising recognized early and growth stage startups across 10 high impact sectors wherein 2400 startups participated from across the country. The awards were given on the eve of concluding ceremony of Startup Mahakumbh organised by the DPIIT at Bharat Mandapan, New Delhi from 3rd April to 5th April, 2025.
With a funding pool of over Rs. 70 crore, the challenge not only offered grant support but also provided startups with national recognition, global exposure, structured mentorship, incubation opportunities, and access to leading investor networks.
Five startups from Jammu and Kashmir participated in Startup Mahakumbh 2025, namely; GR8 Sports Pvt. Ltd. (Gaming & Sports), CLMRAT Sports, AL-Hamdaan Crafts, Studio Agama, BISA Innovation Pvt. Ltd. These startups were led by Irtif Mehraj Lone In-charge Centre for Innovation, Incubation and Business Modeling (CIIBM), JKEDI and Zahid Ali Dar, Project Manager, JKEDI.
The Industries and Commerce Department, Government of Jammu and Kashmir, has played a pivotal role in laying a strong foundation for the startup ecosystem in the Union Territory.Click Here To Follow Our WhatsApp ChannelThe recognition of these two promising startups from Jammu and Kashmir demonstrates a growing startup ecosystem in Jammu and Kashmir and commitment of the Jammu and Kashmir Government to give boost to the sector. The Industries and Commerce Department has not only formulated a vibrant J&K Startup Policy-2024, but has also taken necessary steps for ensuring its speedy implementation through the designated Nodal agency, viz., the Jammu and Kashmir Entrepreneurship Development Institute (JKEDI).
Sharing his thoughts on the achievement, Arjun Gupta, Founder of Genetico Pvt. Ltd., said, “It is wonderful that our years of hard work and commitment are being recognized by the government. There is a highly motivated and capable team behind Genetico. The award is not necessarily for the founders but their team, customers, government, incubators, advisors, mentors and well-wishers. It is a nice recognition along the way.”
Fawz-ul-Kabir, Founder of GR8 Pvt. Ltd., expressed gratitude, stating, “We are truly honored to represent Jammu and Kashmir on such a prestigious platform. This recognition reaffirms our belief in the power of gaming and technology to drive positive impact. We thank the J&K Government and JKEDI for their unwavering support.”
Notably, the Government of Jammu & Kashmir has allocated Rs. 50.00 Crore for the FY 2025-26 for implementation of the J&K Startup Policy 2024-27, which shall be utilized for various components, including providing seed funding to eligible startups, startup awards, grants for setting up and scaling incubators, mentorship support, awareness, and innovation-driven initiatives, aimed at strengthening the startup ecosystem across the Union Territory.(KNS)