The Bharat Startup Knowledge Access Registry (BHASKAR), a digital platform designed to bolster India’s startup ecosystem, is officially launched. The Department for Promotion of Industry and Internal Trade (DPIIT) under the Union Ministry of Commerce is spearheading this initiative, which promises to significantly enhance India’s innovation landscape.
Overview of BHASKAR
BHASKAR aims to revolutionise India’s entrepreneurial environment. Described as a “game-changer for India’s innovation ecosystem” by government officials, the platform will play a crucial role in centralising and streamlining interactions among startups, investors, mentors, service providers, and government entities.
Government Initiative
BHASKAR is part of the Startup India programme, aligning with the Government of India’s vision to elevate the country as a global leader in innovation and entrepreneurship. With more than 146,000 DPIIT-recognized startups already in India, the platform aims to leverage this burgeoning sector by providing a comprehensive digital registry that addresses various challenges faced by entrepreneurs and investors.
Key Features of BHASKAR
1. Networking and Collaboration: BHASKAR will bridge gaps between startups, investors, mentors, and other stakeholders, facilitating seamless interactions across different sectors.
2. Centralised Resource Access: The platform will consolidate crucial tools and knowledge, enabling startups to make quicker decisions and scale more efficiently.
3. Personalised Identification: Each stakeholder will receive a unique BHASKAR ID, ensuring tailored interactions and a personalised experience.
4. Enhanced Discoverability: Advanced search features will allow users to easily find relevant resources, collaborators, and opportunities, streamlining decision-making processes.
5. Promoting India’s Global Brand: BHASKAR will support India’s reputation as a global innovation hub, making it easier for startups and investors to engage in cross-border collaborations.
By serving as a centralised registry, BHASKAR will offer a one-stop solution for accessing a wide range of resources and knowledge, fueling the entrepreneurial journey from ideation to execution. The platform is set to create a thriving environment for networking, collaboration, and growth within the startup ecosystem.
As BHASKAR prepares for its launch, it stands poised to make a substantial impact on India’s dynamic startup landscape, reinforcing the country’s commitment to fostering innovation and entrepreneurship.
