Piyush Goyal to launch Bharat Startup Knowledge Access Registry on Monday

The government invites all stakeholders to participate in this transformative initiative that aims to change the Indian startup landscape and create a more connected, efficient and collaborative environment for entrepreneurship. (Photo: PTI)

2 minutes of reading Last update: Sep 15, 2024 | 19:38 IST

Commerce and Industry Minister Piyush Goyal will on Monday launch the Bharat Startup Knowledge Access Registry (BHASKAR), which will act as a central hub where startups, investors, service providers and government bodies can come together, collaborate, exchange ideas and accelerate growth.

According to an official statement, it is also expected to improve collaboration among key stakeholders in the entrepreneurship ecosystem, including start-ups, investors, mentors, service providers and government bodies.

The primary goal of BHASKAR is to create the world’s largest digital registry for stakeholders in the startup ecosystem.

To achieve this, the platform will offer several key features such as networking and collaboration, providing centralised access to resources, creating personalised identities, enhancing searchability and supporting India’s global branding.

“BHASKAR will connect startups, investors, mentors and other stakeholders, enabling seamless interaction across sectors,” the statement reads. It added that by consolidating resources, the platform will provide startups with immediate access to critical tools and knowledge, enabling faster decision-making and more efficient scaling.

Through this initiative, each stakeholder will be assigned a unique BHASKAR ID, ensuring personalized interactions and tailored experiences across the platform.

With advanced search capabilities, users can easily locate relevant resources, colleagues, and opportunities, allowing them to make decisions and take action faster.

It will also serve as a vehicle to promote India’s global reputation as an innovation hub, making it easier for start-ups and investors to engage across borders.

By providing easy access to knowledge and resources, BHASKAR will help to fully leverage the potential of the Indian startup ecosystem, helping to make the country a global leader in entrepreneurship.

The government invites all stakeholders to participate in this transformational initiative as it aims to change the face of the Indian startup sector and create a more connected, efficient and collaborative environment for entrepreneurship.

Home to over 146,000 government-recognized startups, India has quickly become one of the most dynamic startup hubs in the world. This initiative aims to leverage this potential by providing a comprehensive, end-to-end digital platform that solves the pain points of entrepreneurs and investors.

By serving as a centralized registry, BHASKAR will enable seamless access to a wide range of resources, tools, and knowledge that will help you grow your business – from ideation to implementation.

(Only the headline and image of the report may have been edited by the Business Standard team; the rest of the content is automatically generated from a syndicated feed.)

First published: Sep 15, 2024 | 19:38 IST