On Monday, Commerce and Industry Minister Piyush Goyal will unveil the Bharat Startup Knowledge Access Registry (BHASKAR), a pioneering initiative aimed at creating a unified platform for startups, investors, mentors, service providers, and government bodies. This digital hub is designed to foster collaboration, exchange ideas, and streamline the growth trajectory of India’s burgeoning startup ecosystem. The BHASKAR initiative is poised to reshape the entrepreneurial landscape by offering centralized access to critical resources, improving discoverability, and enhancing India’s global reputation as a leading innovation hub.

Building the World's Largest Digital Startup Registry

The core objective of BHASKAR is to develop the world's largest digital registry for stakeholders within the startup ecosystem. This initiative will consolidate vital information and provide a platform where users can network and collaborate. By offering features such as centralized resource access and personalized identification, BHASKAR will serve as a vital tool for driving growth, innovation, and cross-border collaborations.

Streamlining Collaboration Across Key Stakeholders

Enhanced Collaboration: BHASKAR aims to streamline interactions between startups, investors, mentors, and service providers, offering an efficient way to share ideas and resources. The platform will act as a bridge, facilitating seamless exchanges across different sectors, which is critical for ensuring that India’s entrepreneurial ecosystem thrives.

Centralized Access: By consolidating essential tools, resources, and knowledge in one place, startups will be able to make quicker decisions, ensuring they can scale efficiently.

Personalized Identification and Discoverability

Unique BHASKAR IDs: Every user on the platform will receive a unique identification number, allowing for personalized interactions and customized access to resources. This will enhance the user experience, tailoring each individual’s journey based on their specific needs within the startup ecosystem.

Enhanced Discoverability: The platform’s powerful search features will enable users to quickly locate relevant collaborators, resources, and opportunities, thus expediting the decision-making process.

Promoting India's Global Startup Reputation

BHASKAR is not just an internal solution for India but will also be pivotal in strengthening the country’s global presence in innovation. By offering easy access to cross-border collaborations, the initiative aims to make India a more attractive destination for international investors and startups. This will further elevate India’s standing as a global leader in entrepreneurship.

Unlocking India's Full Startup Potential

BHASKAR's mission is to unlock the full potential of India's startup ecosystem by addressing the challenges faced by entrepreneurs and investors. Through centralized knowledge access, the platform will reduce the friction in the entrepreneurial journey, from ideation to execution. With over 1,46,000 government-recognized startups, India is already a dynamic hub of innovation, and this initiative will only accelerate its progress, making the ecosystem more connected and efficient.

A Transformative Initiative for India’s Startup Landscape

The government is inviting all stakeholders to participate in this transformative initiative, which promises to redefine the startup landscape in India. By providing seamless access to a wide range of resources, BHASKAR will serve as a powerful vehicle for driving growth and ensuring India’s place on the global innovation stage.