SmashUp is TiE Mumbai’s startup event that endures a total startup & entrepreneurial democracy. The 6th edition of the event is all about the startups and is conceived for and by the startup entrepreneurs. The format helps to learn, collaborate and seek help from the maturing and growing startups attracting entrepreneurs & startups from technology, healthcare, food, media & entertainment and financial services space.

The Department of Science and Technology has launched a INR 100-crore programme to support startups. The programme, called National Initiative for Developing and Harnessing Innovations (NIDHI), is aimed at helping startups across the country in terms of both funding and incubation support. The department provides the seed amount per startup in the form of a grant to the incubator. The incubator in turn invests the same in the form of debt or equity in the companies.