New Delhi, July 6 (Reporter) The Management Education and Research Institute (MERI) hosted a dynamic startup festival igniting a fervour of innovation and collaboration within India's burgeoning entrepreneurial landscape. The event, which saw an impressive turnout of over 80 applications and culminated in the participation of more than 50 startups, welcomed upwards of 100 entrepreneurs and over 10 investors, highlighting a robust interest in fostering entrepreneurial ventures in the region. With an investment potential soaring into crores, the festival served as a pivotal platform for aspiring business leaders to showcase their ideas and attract critical funding. The festival held from December 11 to December 12, 2023, igniting a fervour of innovation and collaboration within India's burgeoning entrepreneurial landscape. A notable presence at the festival was Luv Aggarwal, an esteemed alumnus of NSUT Delhi, Columbia University New York, and the University of Chicago, who serves as a mentor at MERI Startup Hub. Addressing the enthusiastic audience, Aggarwal underscored India's prowess as a hub of innovative ideas and emphasised the institute's commitment to nurturing a supportive ecosystem for entrepreneurs. "Our goal is to build an ecosystem that not only supports startups but also focuses on skill development and mentorship," Aggarwal remarked, highlighting MERI's vision of fostering sustainable growth beyond mere financial backing. He stressed the importance of collaboration among entrepreneurs to reduce costs and accelerate business development, advocating for strategic partnerships with established companies and mentorship firms. MERI's holistic approach includes leveraging government schemes and initiatives tailored to the startup sector, alongside forging alliances with financial institutions to provide comprehensive support for scaling ventures. By bridging the gap between aspiring entrepreneurs and potential investors, MERI aims to elevate India's startup ecosystem to global standards. "Entrepreneurs play a pivotal role in driving economic growth and innovation," Aggarwal affirmed, concluding on a note of optimism for the future. "Our efforts are dedicated to making a meaningful impact by equipping startups with the resources and guidance needed for long-term success...////...