The Department of Promotion of Industry and Internal Trade (DPIIT) of the Ministry of Commerce unveiled the application ‘Bharat Startup Knowledge Registry’ (BHASKAR) to connect ecosystems. The Union Minister of Commerce and Industry, Piyush Goyal on Monday announced the platform which is designed to ‘centralize, streamline and enhance’ collaboration among the startup ecosystems.

The platform will foster effective communication and exchange of knowledge and information within the entrepreneurial ecosystem including startups, investors, mentors, service providers and regulatory government bodies. DPIIT recognizes 1,46,000 startups across India.

BHASKAR aims to build the world’s largest digital registry of stakeholders within the startup ecosystem

Key features of BHASKAR -

Networking and Collaboration

To bridge the communication gap by allowing interaction between startups, investors, mentors and other stakeholders.

Centralized Access

This platform consolidates all the necessary resources and will grant immediate access to all the important tools and knowledge to foster efficiency.

Personalized Identification

Every stakeholder will have a unique BHASKAR ID, to enhance individual experience, creating a niche and personalized interaction.

Enhanced Discoverability

The platform will have a powerful search engine, to easily find collaborators, relevant resources and opportunities.

Supporting India’s Global Brand

Bhaskar will serve as a vehicle for promoting India’s global reputation as a hub for innovation, making the international network accessible to startups and investors.

BHASKAR is another significant step by the Government of India in its efforts to make India a hub for innovation, entrepreneurship and job creation. This platform reemphasizes the Government of India’s commitment to becoming a global leader in entrepreneurship by creating inclusive, collaborative and resilient economic infrastructure.