BHASKAR initiative (of Ministry of Commerce and Industry) is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within entrepreneurial ecosystem, including startups, investors, etc.
- Its primary goal is to build world’s largest digital registry for stakeholders within startup ecosystem.
- It is under Startup India program, which aims to build a strong ecosystem for nurturing innovation and encouraging investments.
Key Features of BHASKAR
- Networking: It will bridge gap between startups and other stakeholders, allowing for seamless interaction across sectors.
- Centralized Access to Resources: By providing startups immediate access to critical tools and knowledge, it will enable faster decision-making and more efficient scaling.
- Creating Personalized Identification: Every stakeholder will be assigned unique BHASKAR ID, ensuring personalized interactions and tailored experiences across platform.
- Enhancing Discoverability: Through powerful search features, users can easily locate relevant resources, collaborators, and opportunities, ensuring faster decision-making and action.
- Supporting India’s Global Brand: It will promote India’s global reputation as a hub for innovation, making cross-border collaborations more accessible to startups and investors alike.
India’ Startup Ecosystem
- India has 3rd largest startup ecosystem in world and has over 1,46,000 DPIIT-recognized startups.
- Department for Promotion of Industry and Internal Trade (DPIIT) recognize business as a startup.
Eligibility Criteria for Startup Recognition
Other Initiatives taken for Startups
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