INSUBCONTINENT EXCLUSIVE:
The government would invite all stakeholders to become part of this transformative initiative as it is poised to redefine India's startup
landscape and create a more connected, efficient, and collaborative environment for entrepreneurship
(Photo: 2 min read Last Updated : Sep 15 2024 | 11:41 PM IST
Commerce and Industry Minister Piyush Goyal will on Monday launch the
Bharat Startup Knowledge Access Registry (BHASKAR) initiative which will serve as a central hub where startups, investors, service
providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth.
According to an official
statement, it will also enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors,
mentors, service providers, and government bodies.
The primary goal of BHASKAR is to build the world's largest digital registry for
stakeholders within the startup ecosystem.
To achieve this, the platform will offer several key features such as networking and
providing centralized access to resources, creating personalized identification, enhancing discoverability, and supporting India's global
across sectors," the statement said adding 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, every stakeholder will be
assigned a unique BHASKAR ID, ensuring personalized interactions and tailored experiences across the platform.
Through powerful search
features, users can easily locate relevant resources, collaborators, and opportunities, ensuring faster decision-making and action.
It
will also 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.
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 government would
invite all stakeholders to become part of this transformative initiative as it is poised to redefine India's startup landscape and create a
more connected, efficient, and collaborative environment for entrepreneurship.
India, home to over 1,46,000 government-recognized
startups, has rapidly become one of the world's most dynamic startup hubs and this initiative 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.First Published: Sep 15 2024 | 7:38 PMIST
