In a significant move to boost the startup ecosystem, the Government of India has announced the launch of a pioneering digital platform named 'Bhaskar,' officially known as the Bharat Startup Knowledge Access Registry (BHASKAR). This initiative, spearheaded by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, is set to revolutionize how startups, investors, service providers, and government bodies interact and collaborate.

Platform Overview

The BHASKAR platform is designed to centralize and streamline interactions among various stakeholders in the entrepreneurial ecosystem. With over 1,46,000 DPIIT-recognized startups currently in India, BHASKAR aims to leverage this substantial potential by offering a comprehensive digital registry. The platform will serve as a one-stop resource hub, addressing the challenges faced by entrepreneurs and investors.

Key Features of BHASKAR

Personalized BHASKAR IDs: Each stakeholder will receive a unique BHASKAR ID, facilitating easier interaction, enhancing searchability, and enabling efficient discovery of opportunities and partnerships.

Centralized Access to Resources: BHASKAR will provide centralized access to a wide range of resources, tools, and knowledge crucial for startups’ growth from ideation to execution.

Networking and Collaboration: The platform will offer enhanced networking and collaboration features, connecting startups with investors, service providers, and mentors, thereby fostering a more integrated entrepreneurial environment.

Government's Vision

The launch of BHASKAR aligns with the Government of India's vision to transform the country into a global leader in innovation and entrepreneurship. By providing a centralized hub for stakeholder engagement, BHASKAR will support India’s startup movement and contribute to job creation and economic growth.

The Ministry of Commerce and Industry has expressed its commitment to this transformative initiative and encourages all stakeholders to join and utilize the platform. BHASKAR represents a strategic step forward in advancing India's startup ecosystem, offering a platform where ideas can flourish, partnerships can be forged, and entrepreneurial success can be accelerated.

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