The Startup20 Shikhar Summit, organized by the Startup20 Engagement Group under the India G20 Presidency, concluded triumphantly in Gurugram. This two-day summit served as a dynamic platform for fostering innovation, collaboration, knowledge sharing, and strategic alliances within the global startup ecosystem. The event's closing ceremony marked the official torch handover to Brazil, the next G20 presidency country, committing to continue the Startup20 initiative in 2024. The summit witnessed the release of a Policy Communiqué, outlining specific action points aimed at defining startups, establishing supportive institutions, facilitating access to capital, easing market regulations, and promoting inclusion of underrepresented communities. HRH Prince Fahad Bin Mansoor of Saudi Arabia endorsed the call to invest $1 trillion per annum into the startup ecosystem by 2030, recognizing the transformative power of startups in driving economic growth and innovation. The summit also featured showcases of outstanding national and international startups, highlighting the significance of global collaboration and cross-border synergies.