The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry will launch BHASKAR digital platform aimed at strengthening India’s startup ecosystem.
- The Bharat Startup Knowledge Access Registry (BHASKAR) initiative, under the Startup India program, is a platform designed to centralize, streamline, and enhance collaboration among key stakeholders within the entrepreneurial ecosystem, including startups, investors, mentors, service providers, and government bodies.
- India, home to over 1,46,000 DPIIT-recognized 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.
Key Features of BHASKAR
- world’s largest digital registry: 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:
- Networking and Collaboration: BHASKAR will bridge the gap between startups, investors, mentors, and other stakeholders, allowing for seamless interaction across sectors.
- Providing Centralized Access to Resources: By consolidating resources, the platform will provide startups with immediate access to critical tools and knowledge, enabling faster decision-making and more efficient scaling.
- Creating Personalized Identification: Every stakeholder will be assigned a unique BHASKAR ID, ensuring personalized interactions and tailored experiences across the platform.
- Enhancing Discoverability: Through powerful search features, users can easily locate relevant resources, collaborators, and opportunities, ensuring faster decision-making and action.
- Supporting India’s Global Brand: BHASKAR will 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.