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India's vibrant startup ecosystem received a significant boost with the launch of the Bharat Startup Ecosystem Registry, a pioneering initiative aimed at nurturing entrepreneurship and innovation across the nation.
According to a press release, the registry, unveiled by Union Minister of Commerce and Industry Piyush Goyal, marks a pivotal moment in India's journey towards becoming a global hub for startups. Since the inception of the Startup India initiative in 2016, India's startup ecosystem has witnessed growth and evolution. Embracing this momentum, stakeholders from diverse backgrounds and regions have actively contributed to the ecosystem's dynamism. The launch event, held during the Startup Mahakumbh Curtain Raiser at Vanijya Bhawan on February 27, saw Piyush Goyal register as the first user on the platform, symbolizing the government's unwavering commitment to fostering India's entrepreneurial spirit. Sanjiv, Joint Secretary at DPIIT, highlighted the significance of the registry as a comprehensive database housing detailed information on all ecosystem participants. It is envisioned to serve as a one-stop platform for easy access and discovery, fostering collaboration and growth within the ecosystem. Some of the key features of the Bharat Startup Ecosystem Registry are: Comprehensive Database- The platform will consolidate information on all ecosystem participants, promoting easy access and collaboration. Expanded Startup Pool- Catering to entrepreneurs at various stages, from ideation to established businesses, the registry aims to diversify and strengthen the startup base. Seamless Interaction- Facilitating peer-to-peer engagement and collaboration, the registry encourages knowledge sharing and potential partnerships. Personalized Experiences- Each user will have a unique ID and personalized dashboard to connect with relevant stakeholders and access resources. Utilization of Existing Infrastructure- Building upon the Startup India Hub portal, the registry will integrate with other Startup India platforms. Data Generation- The registry will provide valuable insights into the Indian startup ecosystem, aiding in policy decisions and future developments. The launch of the registry aligns with the ongoing Startup Mahakumbh festival, which aims to showcase entrepreneurship, technology, and innovation. The festival anticipates the participation of numerous startups, incubators, entrepreneurs, mentors, and investors. The registry will serve as a digital platform to connect attendees and facilitate ongoing collaboration beyond the festival. Overall, the Bharat Startup Ecosystem Registry promises to be a central pillar in India's startup journey, fostering unity and collaboration among all stakeholders. It represents a step towards realizing India's vision of becoming a global leader in entrepreneurship and innovation. (ANI)
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