Mumbai, May 4 -- 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.

Ashutosh Mohle, Joint Director at the Ministry of Information and Broadcasting (MIB), set the tone with a succinct overview of WAVEX, underscoring its vision of nurturing startups in the media and entertainment 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 initiative's promising response.

"We received over a thousand applications. Thirty of them pitched directly to investors and over ...