The Department for Promotion of Industry and Internal Trade (DPIIT), part of the Ministry of Commerce and Industry, is set to introduce a revolutionary digital platform designed to enhance India’s startup ecosystem. The Bharat Startup Knowledge Access Registry (BHASKAR), a major initiative under the Startup India program, aims to centralize and streamline collaboration among startups, investors, mentors, service providers, and government bodies. This innovative platform aligns with the Government of India’s vision to transform the country into a global leader in innovation and entrepreneurship, underscoring its commitment to supporting the startup movement.
India, with over 146,000 DPIIT-recognized startups, has swiftly become one of the world’s most dynamic startup hubs. BHASKAR seeks to capitalize on this growth by offering a comprehensive digital solution that addresses the challenges faced by entrepreneurs and investors. The platform will serve as a centralized registry, providing seamless access to a broad range of resources, tools, and knowledge to support entrepreneurs from ideation through to execution.
BHASKAR is designed to foster a thriving environment for networking, collaboration, and growth within the startup ecosystem. By assigning personalized BHASKAR IDs to each stakeholder, the platform will facilitate easier interaction, improve searchability, and enable efficient discovery of relevant opportunities and partnerships.
The core objective of BHASKAR is to establish the world’s largest digital registry for startup ecosystem stakeholders. The platform will bridge gaps between startups, investors, mentors, and other key players, enabling smooth cross-sector interactions. By consolidating critical tools and knowledge, BHASKAR will provide startups with immediate access to essential resources, thereby accelerating decision-making and scaling processes.
The platform’s personalized identification system ensures that each user receives tailored experiences, while its advanced search features will help users quickly locate relevant resources, collaborators, and opportunities. BHASKAR will also promote India’s reputation as a hub for innovation, making it easier for startups and investors to engage in cross-border collaborations.
The launch of BHASKAR marks a significant step forward in the government’s ongoing efforts to promote innovation, entrepreneurship, and job creation. It will act as a central hub where startups, investors, service providers, and government entities can collaborate, share ideas, and drive growth. By facilitating easy access to knowledge and resources, BHASKAR will unlock the full potential of India’s startup ecosystem and position the country as a global leader in entrepreneurship.
The Government of India encourages all stakeholders to participate in this transformative initiative. With its official launch scheduled for tomorrow, BHASKAR is set to redefine India’s startup landscape, creating a more connected, efficient, and collaborative environment for entrepreneurship. As India’s startup ecosystem continues to evolve, BHASKAR will play a pivotal role in enhancing the country’s global standing in innovation and entrepreneurship.
