The Department for Promotion of Industry and Internal Trade (DPIIT), which comes under the Ministry of Commerce and Industry, has announced to launch a groundbreaking digital platform — “Bharat Startup Knowledge Access Registry” (BHASKAR) aimed at strengthening India’s startup ecosystem.
The BHASKAR initiative, under the Startup India programme, is a platform designed to centralise, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies.
This initiative aligns with the government’s vision to transform India into a global leader in innovation and entrepreneurship, reinforcing the country’s commitment to the startup movement.
India, home to over 1,46,000 DPIIT-recognised 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 centralised 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,” said the department.
BHASKAR is designed to create a supportive environment for networking, collaboration, and growth within the startup ecosystem. The platform will provide personalized BHASKAR IDs for each stakeholder to make interactions easier, improve searchability, and enable efficient discovery of relevant opportunities and partnerships, according to DPIIT.
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 Collaboration, Providing Centralised Access to Resources, Creating Personalized Identification, Enhancing Discoverability, and Supporting India’s Global Brand.
The DPIIT further mentioned that the the platform will serve as a central hub where startups, investors, service providers, and government bodies can come together to collaborate, exchange ideas, and accelerate growth.