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Source- This post on BHASKAR Digital Platform is based on the article “DPIIT to launch BHASKAR: A Revolutionary Platform for India’s Startup Ecosystem” published in PIB on 16th September 2024.
Why in News?
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry is launching the Bharat Startup Knowledge Access Registry (BHASKAR). It is a digital platform aimed at boosting India’s startup ecosystem.
It is part of the Startup India program, and seeks to centralize and streamline collaboration among stakeholders such as startups, investors, mentors, service providers, and government bodies.
Need for BHASKAR
India is home to over 1,46,000 DPIIT-recognized startups. This makes India a global startup hub. BHASKAR aims to leverage this potential by providing a one-stop digital platform that addresses the challenges faced by entrepreneurs and investors.
Key Features of BHASKAR
1. Networking and Collaboration: Connects startups, investors, mentors, and other stakeholders
2. Centralized Resource Access: Consolidates tools and knowledge for efficient scaling
3. Personalized Identification: Unique BHASKAR ID for each stakeholder
4. Enhanced Discoverability: Powerful search features for locating resources and opportunities
5. Global Brand Support: Promotes India’s reputation as an innovation hub
What are the BHASKAR Platform Objectives?
Create world’s largest digital registry for startup ecosystem stakeholders and fosters a conducive environment for networking and growth. It also facilitates cross-border collaborations and drives innovation, entrepreneurship, and job creation.
Driving Forward India’s Startup Ecosystem
The launch of BHASKAR marks a major step in promoting innovation, entrepreneurship, and job creation in India. It will serve as a central hub for collaboration and idea exchange, unlocking the full potential of India’s startup ecosystem and positioning the country as a global leader in entrepreneurship.
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