The Department for Promotion of Industry and Internal Trade (DPIIT), part of the Ministry of Commerce and Industry, is preparing to launch a transformative digital platform designed to bolster India’s startup ecosystem. The Bharat Startup Knowledge Access Registry (BHASKAR), a key initiative within the Startup India program, aims to centralize and enhance interactions among various stakeholders, including startups, investors, mentors, service providers, and government entities.
This initiative is part of the Government of India’s broader strategy to position the nation as a global leader in innovation and entrepreneurship, underscoring its dedication to supporting the startup movement.
India, home to over 146,000 DPIIT-recognized startups, has rapidly emerged as a vibrant hub for entrepreneurial activity. BHASKAR aims to harness this momentum by offering a comprehensive digital platform that addresses common challenges faced by entrepreneurs and investors. As a centralized registry, BHASKAR will provide easy access to a range of resources, tools, and knowledge, supporting startups throughout their journey from idea to execution.
The platform is designed to create a thriving environment for networking, collaboration, and growth. BHASKAR will issue personalized IDs to stakeholders, facilitating smoother interactions, improved searchability, and efficient discovery of opportunities and partnerships.
BHASKAR is set to become the world’s largest digital registry for startup ecosystem stakeholders, featuring:
- Enhanced Networking and Collaboration: The platform will connect startups, investors, mentors, and other stakeholders, enabling seamless interactions across various sectors.
- Centralized Resource Access: By aggregating resources, BHASKAR will offer startups immediate access to essential tools and information, promoting quicker decision-making and scaling.
- Personalized Identification: Each stakeholder will receive a unique BHASKAR ID, which will personalize interactions and enhance the overall user experience on the platform.
- Improved Discoverability: With robust search capabilities, users can easily find relevant resources, collaborators, and opportunities, streamlining decision-making and actions.
- Promoting India’s Global Presence: BHASKAR will enhance India’s international reputation as an innovation hub, facilitating cross-border collaborations for startups and investors.
The introduction of BHASKAR represents a significant advancement in the government’s efforts to foster innovation, entrepreneurship, and job creation. The platform will serve as a central meeting point where startups, investors, service providers, and government bodies can collaborate, share ideas, and drive growth.
By offering streamlined access to knowledge and resources, BHASKAR will unlock the full potential of India’s startup ecosystem, contributing to the nation’s rise as a global leader in entrepreneurship. It will play a crucial role in building a more resilient, inclusive, and innovation-driven economy, setting the stage for a prosperous future.
The Government of India invites all stakeholders to join this transformative initiative. With BHASKAR’s launch tomorrow, the platform is poised to revolutionize India’s startup landscape, creating a more connected, efficient, and collaborative entrepreneurial environment.
As India’s startup ecosystem continues to expand, BHASKAR will be instrumental in enhancing the country’s global entrepreneurial standing. By fostering a collaborative culture, the platform will help startups navigate challenges and develop innovative solutions for the future.
Through BHASKAR, the Government of India reaffirms its commitment to positioning India as a leader in global innovation, entrepreneurship, and economic growth.
