Government launches BHASKAR comprehensive digital platform to connect startup ecosystem | Economic News

New Delhi: Union Minister of Commerce and Industry Piyush Goyal on Monday launched the Bharat Startup Knowledge Access Registry or BHASKAR digital platform for all stakeholders in the startup ecosystem to connect and collaborate within the startup landscape.

The platform is designed to centralize, streamline and enhance collaboration between key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers and government agencies.

As part of the Startup India programme, the BHASKAR initiative is a platform aimed at helping key players in the entrepreneurial ecosystem (startups, investors, mentors, service providers and government agencies) to centralise, simplify and improve their collaboration.

The platform offers a one-stop digital platform that addresses issues faced by investors and entrepreneurs alike in an effort to fully harness this potential. Serving as a centralized registry, BHASKAR will enable seamless access to a wide range of resources, tools and insights that will help drive the entrepreneurial journey from ideation to execution, the Ministry of Commerce and Industry said.

The platform will provide startups with immediate access to critical tools and insights, enabling faster decision-making and more efficient scaling. The platform will issue a unique BHASKAR ID to ensure personalized interactions with stakeholders.

You will also be able to locate relevant resources, collaborators and opportunities, ensuring faster decision-making and action using the platform’s search function.

“The launch of BHASKAR marks a significant development in the government’s ongoing efforts to promote innovation, entrepreneurship and job creation. It will serve as a hub where startups, investors, service providers and government agencies can come together to collaborate, exchange ideas and accelerate growth,” the ministry said in the statement.

By facilitating access to knowledge and resources, BHASKAR will help unleash the full potential of India’s startup ecosystem, driving the country’s emergence as a global leader in entrepreneurship, the ministry added.

Expressing hope, the Ministry of Commerce and Industry added that the platform will be instrumental in creating a more resilient, inclusive and innovation-driven economy, laying the foundation for a prosperous future. According to the ministry’s official figures, there are over 146,000 DPIIT-recognised startups operating in the country, making India one of the most dynamic startup hubs in the world.



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