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WAVEX 2025 highlights investment potential of M&E startups; working on dedicated angel network for M&E
State Times
|May 05, 2025
WAVEX 2025, the flagship startup initiative under the World Audio-Visual Entertainment Summit (WAVES) being held in Mumbai is a promising intersection of innovation, entrepreneurship, and investment.
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Ashutosh Mohle, Joint Director at the Ministry of Information & Broadcasting (MIB), set the tone with a succinct overview of WAVEX, underscoring its vision of nurturing startups in the M&E space and providing a national platform to scale up their ideas.
Sandeep Jhingran, Chief Growth Officer, Internet and Mobile Association of India (IMAI), expressed satisfaction with the promising response to the initiative.
"We received over a thousand applications. Thirty of them pitched directly to investors and over half of them are already in active conversations," he revealed, emphasizing that such efforts are essential to give focused attention to M&E startups.
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