Maharashtra CM Devendra Fadnavis stole the spotlight at TiE Mumbai’s Hall of Fame 2025, clinching the Exemplary Leadership Award
for infrastructure and innovation. Honored by N. R. Narayana Murthy, he hailed Maharashtra’s startup surge and ₹1.39 lakh crore in
investments, cementing its role as India’s economic powerhouse
Mumbai, March 17, 2025 – The Indus Entrepreneurs (TiE) Mumbai [https://mumbai.tie.org/] celebrated excellence in entrepreneurship
and innovation at its prestigious ‘Hall of Fame’ Awards during TiEcon 2025 [https://tiecon.org/], held on March 12 at the
state-of-the-art Jio World Convention Centre [https://www.jioworldcentre.com/jio-world-convention-centre] in BKC, Mumbai. The
event, one of the largest entrepreneurial conferences in Western India, spotlighted remarkable contributions to the
entrepreneurial ecosystem, with Maharashtra Chief Minister Devendra Fadnavis
[https://www.linkedin.com/in/devendra-fadnavis-a9757322/?originalSubdomain=in] receiving the coveted “Exemplary Leadership Award
for Infrastructure Development, Investments, and Water Conservation in Maharashtra.“
The award was presented to Fadnavis by the evening’s Chief Guest, N. R. Narayana Murthy
[https://www.linkedin.com/in/n-r-narayana-murthy-b2553410a/?originalSubdomain=in], Founder of Infosys, who lauded the recipients
for their transformative impact on India’s economic landscape. In his acceptance speech, Fadnavis dedicated the honor to the
people of Maharashtra, attributing the state’s progress to initiatives launched in 2014 under Prime Minister Narendra Modi’s
[https://www.linkedin.com/in/n-r-narayana-murthy-b2553410a/?originalSubdomain=in] leadership. He emphasized Maharashtra’s rise as
a hub for innovation and investment, noting that the state attracted ₹1.39 lakh crore in investments within just nine months.
“Maharashtra is now India’s startup capital, with record-breaking growth in startups and infrastructure projects driving our
economic success,” Fadnavis said, citing landmark developments like the Coastal Road, Atal Setu, Metro, and Vadhavan projects.
The Hall of Fame Awards recognized a stellar lineup of entrepreneurs, investors, and ecosystem enablers who have reshaped
industries and inspired future generations. Among the notable recipients were Suvir Sujan
[https://www.linkedin.com/in/suvir-sujan-66023b3/?originalSubdomain=in] of Nexus Venture Partners
[https://www.linkedin.com/company/nexusvp/], honored as a “Pioneering Unicorn Investor,” and T. V. Mohandas Pai
[https://www.linkedin.com/in/mohandaspai/?originalSubdomain=in]of Aarin Capital [https://www.linkedin.com/company/aarin-capital/],
celebrated as a “Catalyst of Startup Ecosystem and Innovation.” Other awardees included Pravin Gandhi
[https://www.linkedin.com/in/pravin-gandhi-76b164/?originalSubdomain=in]of Seedfund Venture Fund for building India’s investment
ecosystem, Dr. Vijay Kedia of Kedia Securities [https://www.linkedin.com/in/dr-vijay-kedia-3388284a/?originalSubdomain=in] as a
“Big Bull – Startup Pioneer Investor,” and Ritesh Agarwal [https://www.linkedin.com/in/riteshagar/?originalSubdomain=in] of OYO
[https://www.linkedin.com/company/oyo-rooms/] for leading a “Resilient Turnaround Company.“
The event also highlighted innovative startups and leaders, such as Manish Gupta
[https://www.linkedin.com/in/manish1/?originalSubdomain=in] of Rezo.AI [http://Rezo.AI] for transformative AI in customer service,
the “Startup Power Couple” Ganesh Krishnan [https://www.linkedin.com/in/ganeshk/]and Meena Ganesh
[https://www.linkedin.com/in/meena-ganesh-9460795/] for their contributions across multiple ventures, and Akash Gupta
[https://www.linkedin.com/in/akashg/?originalSubdomain=in]of Zypp Electric [https://www.linkedin.com/company/zyppelectric/] as a
“Mobility & Inclusivity Empowerment Champion.” Institutional excellence was recognized with SIDBI [https://www.sidbi.in/en/],
under Chairman Manoj Mittal [https://www.linkedin.com/in/manojmittal28/?originalSubdomain=in], marking 25 years of supporting
venture capital and startups, while RENÉE Cosmetics [https://www.linkedin.com/company/renee-cosmetics/?originalSubdomain=in]’
Ashutosh Valani [https://www.linkedin.com/in/ashutoshvalani/?originalSubdomain=in] was lauded for “Excellence in Democratizing
Beauty.“
Ranu Vohra [https://www.linkedin.com/in/ranu-vohra-713b4/], President of TiE Mumbai, underscored the significance of the awards:
“We are honoring pioneers who have set benchmarks in entrepreneurship and created lasting impact, inspiring the next wave of
innovators.” Dr. Apoorva Ranjan Sharma [https://www.linkedin.com/in/drapoorvsharma/], President-Elect of TiE Mumbai and Co-Founder
of Venture Catalysts [https://www.linkedin.com/company/vcatsindia/?originalSubdomain=in] & 100Unicorns
[https://www.linkedin.com/company/100unicorns/], added, “These awards celebrate resilience, innovation, and leadership—key drivers
of India’s economic growth.”
TiEcon 2025 drew over 3,000 attendees, including industry leaders, startup founders, and investors, with more than 25 of India’s
leading unicorns sharing insights on their journeys, challenges, and triumphs. Mohit Joshi
[https://www.linkedin.com/in/mohit-joshi-mojo-a980144/?originalSubdomain=in], CEO of Havas Media Network India
[https://www.linkedin.com/company/havas-media-network/], a long-standing TiE partner, emphasized the shared mission: “Our
collaboration with TiE reflects our commitment to empowering entrepreneurs and fostering innovation that shapes the future.”
The event at Jio World Convention Centre, India’s largest and most advanced conference venue, underscored Mumbai’s growing stature
as a global entrepreneurial hub, with the Hall of Fame Awards serving as a testament to the visionaries driving
this transformation.