Platform to build world’s largest digital registry for stakeholders
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, is set to launch a groundbreaking digital platform aimed at strengthening India’s startup ecosystem, and transform the country into a global leader in innovation and entrepreneurship, reinforcing the New Delhi’s commitment to the startup movement.
The Bharat Startup Knowledge Access Registry (BHASKAR) initiative, under the Startup India program, is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies, the Ministry said on 15 Sept 2024 bse .
India, home to over 146,000 DPIIT-recognized startups, has rapidly become one of the world’s most dynamic startup hubs. BHASKAR seeks to leverage this potential by providing an all-encompassing, one-stop digital platform that addresses the challenges faced by entrepreneurs and investors alike. By serving as a centralized registry, BHASKAR will enable seamless access to a wide array of resources, tools, and knowledge that will help fuel the entrepreneurial journey from ideation to execution nse .
BHASKAR is designed to foster a conducive environment for networking, collaboration, and growth within the startup ecosystem. By providing personalized BHASKAR IDs for each stakeholder, the platform will facilitate easier interaction, enhance searchability, and allow for efficient discovery of relevant opportunities and partnerships sbi .
The primary goal of BHASKAR is to build the world’s largest digital registry for stakeholders within the startup ecosystem startupindia .
To achieve this, the platform will offer several key features:
Networking and Collaboration: BHASKAR will bridge the gap between startups, investors, mentors, and other stakeholders, allowing for seamless interaction across sectors investindia .
Providing Centralized Access to Resources: By consolidating resources, the platform will provide startups with immediate access to critical tools and knowledge, enabling faster decision-making and more efficient scaling digitalinasia .
Creating Personalized Identification: Every stakeholder will be assigned a unique BHASKAR ID, ensuring personalized interactions and tailored experiences across the platform meity .
Enhancing Discoverability: Through powerful search features, users can easily locate relevant resources, collaborators, and opportunities, ensuring faster decision-making and action makeinindia .
Supporting India’s Global Brand: BHASKAR will serve as a vehicle for promoting India’s global reputation as a hub for innovation, making cross-border collaborations more accessible to startups and investors alike cii.in.
The launch of BHASKAR marks a significant step forward in the government’s ongoing efforts to promote innovation, entrepreneurship, and job creation. It will serve as a central hub where startups, investors, service providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth ibef .
By facilitating easy access to knowledge and resources, BHASKAR will help unlock the full potential of India’s startup ecosystem, driving the country’s emergence as a global leader in entrepreneurship. The platform will be pivotal in creating a more resilient, inclusive, and innovation-driven economy, laying the foundation for a prosperous future techsposingapore .
The Government invites all stakeholders to become part of this transformative initiative. BHASKAR is poised to redefine India’s startup landscape and create a more connected, efficient, and collaborative environment for entrepreneurship. The platform is set to be launched tomorrow and promises to be a game-changer for India’s innovation ecosystem deutsche-boerse .
As India’s startup ecosystem continues to grow, BHASKAR will play a critical role in enhancing the country’s global standing in entrepreneurship. By fostering a culture of collaboration, the platform will help startups overcome challenges and build innovative solutions that address the needs of tomorrow ai-expo . With the launch of BHASKAR, the Government is reinforcing its commitment to making India a leader in global innovation, entrepreneurship, and economic growth, the Ministry said. fiinews.com
