Pune Hosts Key Event to Propel Bihar’s Startup Ecosystem Forward
Pune: Bihar, a land with a deep historical legacy and intellectual richness, is now emerging as a dynamic center for innovation and entrepreneurship. The Building Bridging Bihar Initiative, aimed at harnessing this potential, gained significant traction at an exclusive event held in Pune on February 21, bringing together over 125 startups, business leaders, and industry experts.
The event, which featured prominent figures from Kotak Mahindra Bank, the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE), and key startup enablers, emphasized Bihar’s untapped entrepreneurial opportunities and the need to bridge tradition with modern business strategies.
Leveraging Bihar’s Strengths for a Thriving Startup Ecosystem
Professor (Dr.) Rana Singh, Director of Chandragupta Institute of Management, Patna (CIMP), highlighted Bihar’s historical strengths and how they can be transformed into modern business assets. “Bihar has always been a land of intellect and resilience. The challenge is not the talent—it’s ensuring the right ecosystem to nurture that talent,” he noted.
Kumod Kumar, President of TiE Patna, emphasized collaboration and digital transformation. “Entrepreneurs from Bihar are making their mark globally, but now is the time to bring that innovation back home. The state government is proactively supporting startups, and this initiative will create stronger networks for aspiring business leaders,” he stated.
Panel Discussions Address Key Challenges & Growth Strategies
Two engaging panel discussions shed light on Bihar’s evolving startup landscape:
1. Overcoming Challenges in Bihar’s Entrepreneurial Ecosystem
Moderated by Kshitiz Anand, CEO of Karekeba Ventures, this session tackled issues such as funding limitations, regulatory barriers, and infrastructure constraints. A key discussion point was the perception of Bihar, with experts exploring ways to reshape narratives around business growth in the state. “We must redefine how Bihar is seen in the startup ecosystem. The state is no longer just about challenges; it’s about opportunities,” said one of the panelists.
2. Expanding Bihar’s Entrepreneurial Reach Beyond Borders
This session, led by Pallavi Jha, focused on the role of digital integration, cross-regional collaborations, and global market access. “Bihar’s entrepreneurs have the talent, but now we need to build platforms that allow them to scale beyond regional constraints,” said Jha. The discussion stressed the importance of leveraging technology to connect Bihar’s businesses with national and international markets.
Organic Sattva Launches D2C Platform for Makhana
A major highlight of the event was the launch of the Organic Sattva D2C website, specializing in Bihar’s superfood, Makhana. The startup, founded by Lily Jha and Amit Choudhary, aims to revolutionize sustainable food production and global market outreach. “Our vision is to make Bihar’s traditional products household names across the world,” said Jha.
Bihar’s Growing Startup Ecosystem & Policy Support
Sudarshan Chakravarty, representing Startup Bihar, provided insights into government-backed policies and funding opportunities available for new businesses in the state. “With structured policies and financial incentives, Bihar is actively fostering an ecosystem where startups can thrive,” he explained.
Voices from the Startup Community
Reflecting on the event’s impact, Ravi Bhardwaj, Founder of Startup LegaL, spoke about the power of collective efforts. “When we collaborate, we amplify opportunities. Bihar has the potential to lead in multiple industries with the right mentorship and funding,” he remarked.
Entrepreneur Shweta Shalini, known for her advocacy in women entrepreneurship, expressed optimism about Bihar’s growth trajectory. “We are at a turning point where Bihar’s entrepreneurs, especially women, can step up and compete globally. The momentum we’re building today will define the future of our startup ecosystem,” she stated.
A Unified Vision for Bihar’s Entrepreneurial Future
The event was organized in association with CIMP, TiE Patna, Startup LegaL, and several startups including 4Fin, Organic Sattva, Kisan Serv, Bootstrap Ventures, and Prop Metaverse LLC (UAE). Special acknowledgment was given to Neha Vatsala and Nilabh Jha, who played a crucial role in coordinating the event.
The Building Bridging Bihar Initiative is calling on entrepreneurs, investors, and mentors with ties to Bihar to join this transformative journey. Through strategic investments, cross-industry collaborations, and a commitment to fostering innovation, the initiative aims to position Bihar as a key player in India’s startup revolution.
