Govt launches groundbreaking digital platform BHASKAR for Indian startup ecosystem

The Department of Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry is planning to launch a new digital platform called BHASKAR (Bharat Startup Knowledge Access Registry) that is expected to revolutionise the startup ecosystem in India.

BHASKAR aims to provide a comprehensive, end-to-end digital platform that can address the challenges faced by entrepreneurs and investors.

The platform aims to centralize, streamline and increase collaboration among key stakeholders including startups, investors, mentors, service providers and government authorities.

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.

Main Features BHASKAR switch on:

• Networking and Collaboration: Connecting startups, investors, mentors and other stakeholders to ensure seamless interaction across sectors.
• Central access to resources: We provide immediate access to key tools and knowledge, allowing you to make decisions faster and scale efficiently.
• Personalized identification: Assigning unique BHASKAR IDs to each stakeholder to ensure personalized interactions and tailored experiences.
• Improved discoverability: Powerful search capabilities to easily find the right resources, colleagues, and opportunities.

This initiative is in line with the Indian Government’s vision to transform India into a global leader in innovation and entrepreneurship.

BHASKAR platform will offer a wide range of resources to support the startup ecosystem in India. Here are some of the key resources you can expect:

1. Financing options: Information on various financing options, including venture capital, angel investors, government grants and loans.

2. Mentoring programs: Access to experienced mentors from various industries who will guide startups through the development path.

3. Networking events: Details of upcoming events, workshops and conferences to help you network and collaborate.

4. Legal and regulatory support: Guidance on compliance, intellectual property rights, and other legal aspects critical to startups.

5. Market insight: Data and analysis on market trends, consumer behavior, and industry performance that help startups make informed decisions.

6. Training and development: Courses and workshops covering essential skills such as business management, marketing and technology.

7. Service providers: Lists of service providers offering basic services such as accounting, marketing and IT support.

8. Success Stories and Case Studies: Inspiring stories and case studies of successful startups that motivate and educate new entrepreneurs.

These resources aim to create a friendly environment in which startups can grow and scale effectively.

By initiating Project BHASKAR, the Government of India reaffirms its commitment to making India a global leader in innovation, entrepreneurship and economic growth.