BHASKAR: Strengthening India's Startup Ecosystem

Published On: 2024-09-16

BHASKAR: Strengthening India's Startup Ecosystem

The Ministry of Commerce and Industry, through DPIIT, is launching the Bharat Startup Knowledge Access Registry (BHASKAR) under the Startup India program. This digital platform aims to enhance collaboration among startups, investors, mentors, service providers, and government bodies, aligning with India’s goal to become a global leader in innovation and entrepreneurship.

Key Objectives

BHASKAR seeks to streamline and centralize resources, helping startups access tools, knowledge, and opportunities more easily. It will foster networking, collaboration, and faster decision-making, supporting startups throughout their growth journey.

Key Features

1. Networking and Collaboration: Connects startups with investors, mentors, and stakeholders.
2. Centralized Resources: Offers easy access to essential tools and information.
3. BHASKAR IDs: Provides personalized IDs for stakeholders to enhance interactions.
4. Enhanced Discoverability: Improves searchability for resources and partners.
5. Global Reach: Promotes India’s reputation as an innovation hub.

Impact on the Startup Ecosystem

BHASKAR aims to boost India’s already dynamic startup ecosystem, home to over 1,46,000 recognized startups. By fostering collaboration and resource-sharing, the platform will drive innovation, economic growth, and India’s global standing in entrepreneurship.