September 16, 2024: The Bharat Startup Knowledge Access Registry (BHASKAR) was officially dedicated to the nation on Monday by Union Minister Mr. Piyush Goyal. This cutting-edge online platform is designed to empowering the nation’s youth to transform their innovative ideas into successful businesses.
BHASKAR promises to be a catalyst for growth in the world’s third-largest startup ecosystem by centralizing resources and enhancing connectivity among key players.
Bharat Startup Knowledge Access Registry aims to build the world’s largest digital registry for the entrepreneurial community, bringing together startups, investors, mentors, service providers, and regulatory bodies in a seamless digital environment.
The platform’s primary goal is to streamline interactions and foster collaboration across sectors, providing startups with immediate access to essential tools and resources. This, in turn, will facilitate faster decision-making and more efficient scaling of new ventures.
Key Features and Benefits of BHASKAR India
The platform will offer a range of innovative features designed to bridge gaps within the startup ecosystem. Each stakeholder will receive a unique BHASKAR ID, enabling personalized interactions and tailored experiences. With powerful search capabilities, users can quickly locate relevant resources, collaborators, and opportunities, driving more effective and timely actions.
Bharat Startup Knowledge Access Registry is also set to enhance India’s global reputation as a hub for innovation, making cross-border collaborations more accessible and fostering a culture of global entrepreneurship.
Supporting India’s Entrepreneurial Vision
In his address, Minister Goyal emphasized that BHASKAR is more than just a digital tool; it’s a strategic initiative that aligns with the government’s broader vision of transforming India into a global leader in innovation and entrepreneurship. The platform will not only support current startups but also attract international investors and collaborators, further reinforcing India’s position as a key player in the global innovation landscape.
The launch of BHASKAR reflects the government’s ongoing commitment to nurturing a vibrant startup ecosystem. This initiative builds on the successes of previous campaigns such as ‘Startup India’ and ‘Standup India,’ which have significantly contributed to the growth of India’s entrepreneurial sector.
Since the inception of ‘Startup India’ in January 2016, the country has seen a remarkable rise in startups, with over 1.46 lakh recognized ventures employing more than 1 million individuals.
The introduction of Bharat Startup Knowledge Access Registry is a testament to the government’s dedication to fostering innovation and entrepreneurship at the grassroots level. By facilitating easier access to resources and promoting collaboration, the platform is set to play a crucial role in overcoming the challenges faced by startups and driving the development of groundbreaking solutions for the future.
With BHASKAR, the Government of India is reinforcing its pledge to lead in global innovation, entrepreneurship, and economic growth. As the startup ecosystem continues to expand, BHASKAR will be pivotal in creating a more connected, efficient, and collaborative environment, ensuring that India remains at the forefront of global entrepreneurship.
