Union Minister Piyush Goyal Unveils BHASKAR (Bharat Startup Knowledge Access Registry) to Strengthen Indian Startups
India’s startup ecosystem has achieved a new milestone with the launch of BHASKAR (Bharat Startup Knowledge Access Registry), an innovative digital platform that aims to unify and empower India’s startup ecosystem. Launched by Union Minister of Commerce & Industry, Shri Piyush Goyal on September 16, 2024, in New Delhi, the platform is poised to transform the way startups collaborate, access resources, and grow in a highly competitive global market.
Shri Piyush Goyal heralded the launch, stating that BHASKAR—meaning “Rising Sun”—symbolizes a new dawn for startups in India. The platform will help entrepreneurs across the country access the tools, knowledge, and networks needed to thrive.
What BHASKAR Offers to India’s Startup Ecosystem
BHASKAR provides a comprehensive set of features designed to support startups in India:
- Collaboration: The platform promotes cross-sector alliances, fostering greater cooperation among startups, investors, and mentors.
- Networking: Startups can leverage dynamic networking features such as peer-to-peer connections and personalized dashboards, enhancing their opportunities to connect with key stakeholders.
- Visibility: Entrepreneurs can boost their presence within the ecosystem through profile cards that make them discoverable to investors and collaborators.
- Simplified Resource Access: BHASKAR centralizes access to essential resources, removing barriers and facilitating growth for startups of all sizes.
Empowering Startups in Tier-2 and Tier-3 Cities
A significant focus of BHASKAR is promoting inclusive growth within India’s startup ecosystem. Shri Amardeep Singh Bhatia, Secretary of DPIIT, emphasized the importance of fostering innovation in Tier-2 and Tier-3 cities. The platform ensures that startups from these regions can easily access resources, collaborate with industry leaders, and contribute to India’s economic progress.
Global Vision for India’s Startups
BHASKAR aligns with Prime Minister Narendra Modi’s vision of positioning India as a global leader in entrepreneurship and innovation. Shri Piyush Goyal highlighted the potential of BHASKAR to elevate Brand India by showcasing the country’s entrepreneurial talents on the world stage. The platform will enable Indian startups to compete globally, with a focus on maintaining integrity, quality, and conviction.
The Future of BHASKAR
Looking ahead, DPIIT aims to expand BHASKAR to cover all districts in India by January 2025, ensuring nationwide accessibility for startups. The government is also planning BHASKAR 2.0, which will include enhanced features and technology, further strengthening the platform’s capabilities.
Conclusion
The launch of BHASKAR is a monumental step for India’s startup ecosystem, providing entrepreneurs with a powerful tool for growth, collaboration, and global competitiveness. As India continues to rise as a leader in innovation, BHASKAR will serve as the backbone of this thriving ecosystem, ensuring that every startup has access to the resources and opportunities they need to succeed.
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