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IT Day in Rajasthan 2023 The state government will host a threeday event to encourage entrepreneurship

March 18, 2023

The state government's sincere effort to help young innovators and aspiring entrepreneurs connect with the key leaders of the country's startup ecosystem is at the heart of this event, which is expected to attract more than 50 thousand attendees. The Rajasthan government's efforts to push the state toward digitalization have resulted in the birth of approximately 3,000 registered startups.

The Rajasthan government is planning to hold Rajasthan IT Day in Jaipur from March 19 to 21 in an effort to recognize the region's entrepreneurial spirit.

The goal of the three-day event, which will be addressed by CM Ashok Gehlot, is to gather young people, entrepreneurs, investors, business leaders, and academics under one roof.

It is anticipated that a number of Indian startup ecosystem stakeholders and industry bodies will participate at the event, which is expected to attract more than 55,000 attendees.

The former BharatPe MD, Ashneer Grover, is expected to be one of the key speakers at the event. the fellow benefactor of Primus Accomplice, Charu Malhotra; Prateek Maheswari, co-founder of PhysicsWallah; Chetan Bhagat, the author; and the film director Kabir Khan, to name just a few.  

The state government's sincere effort to connect young innovators and aspiring entrepreneurs with key leaders of the country's startup ecosystem lies at the heart of this event. These entrepreneurs and innovators will be encouraged to present their concepts to investors and secure their backing by the event's conclusion.

The three-day event is divided into different modules, which are as follows:

Round Table Conferences

Key stakeholders and leaders from a variety of industries and backgrounds will speak at the round table conference about current and upcoming startup trends. They will assist state-aspiring entrepreneurs in deciphering strategies for developing products and solutions that have the potential to disrupt current market trends.

Additionally, the state government and startup leaders will discuss government initiatives. Power talks, lively fireside chats, and panel discussions will cover a wide range of subjects in depth.

Startup Expo and Startup Bazaar

At the startup expo, the more than 100 startups that have been approved by the state government will display their goods and services. This will give the participants direct access to a market and an opportunity to network with important state government officials.

In the meantime, the Startup Bazaar will be a fictitious marketplace where the participating startups will showcase their products to investors and other event attendees. More than 80 products will be on display and available for immediate purchase from the startups.

CoachingSelect will also be at the Expo and will interact with students and other visitors who are enthusiastic about Edtech.

Hackathon 7.0

The seventh edition of the hackathon will be a 24-hour coding competition in which programmers and designers will compete to develop novel solutions. The opposition will be held on the web and disconnected, with three victors arising.
While the champ will bring back home INR 25 Lakhs, alongside the chance to work with the state government, trailblazers snatching the second and third spot will get INR 20 Lakh and INR 15 Lakh, separately.

The competition's themes include, among other things, social impact, sustainability, blockchain, education, artificial intelligence, financial inclusion, and augmented and virtual reality.

On the day of funding, the startups will be evaluated for funding by the evaluation committee in accordance with the Rajasthan Startup Policy, 2022. In the presence of prominent venture capitalists and angel investors, the participants will be given the chance to present their concepts. 

Mega Job Fair

On March 20 and 21, the Department of Information Technology and Communication (DoIT&C) will hold a job fair at Jaipur's Commerce College.

The event will feature more than 400 businesses from industries like IT, consulting, automobiles, business process outsourcing (BPO), finance, and manufacturing. These businesses can be contacted by students pursuing higher education in technical education.

In addition to the scheduled events, attendees can look forward to a drone show and a marathon that covers all of Jaipur's important landmarks.

The Digital Rajasthan Yatra 3.0 Coffeetable Book Will Be Unveiled by Ashok Gehlot, the Chief Minister of Rajasthan. In an effort to demonstrate digital transformation throughout Rajasthan, Inc42 and the Rajasthan state government organized the Yatra. From November 13 to November 25, 2022, an Inc42 team traveled throughout the state, stopping in Jodhpur, Udaipur, Kota, Ajmer, Bharatpur, Jaipur, and Bikaner.

With 20 touching tales of grit and eagerness to learn, the team summed up how the digital revolution has changed the lives of Rajasthanis and made it easier for the government to run smoothly.

These accounts show how technology has spread to the state's most remote areas, assisting its citizens in expanding their businesses, acquiring new skills, and finding better employment opportunities, resulting in a larger social impact.

Startups in Rajasthan in the "Goldilocks Zone" As a result of the government's efforts to encourage digitalization in the state, approximately 3,000 registered startups have emerged. The state's startup registrations increased by 89% in 2022, reaching 641 from 339 a year earlier, according to the government.

It is important to note that the istartup-registered startups, which are part of the state government's incubator program, saw a 260% increase in funding from INR 3.39 Cr in 2021 to INR 12.32 Cr in 2022, indicating that the state has attracted investors' attention.

According to Inc42's startup funding report, Sequoia, Hillhouse Capital, IFC, and Warburg Pincus are the venture capitalists in Rajasthan who are most active.

In October 2021, CarDekho, a marketplace for automobiles, raised $250 million from Sequoia at a valuation of $1.2 billion to become Rajasthan's first unicorn.

Since then, the state has produced numerous innovative startups, including, but not limited to, the agritech startup FreshoKartz, the telemedicine startup MedCords, the education technology startup Culture Alley, and the online furniture marketplace Wooden Street.