
Bharat Startup Knowledge Access Registry Initiative (BHASKAR), 2024
The Indian government recognizes the opportunities that India’s startup ecosystem presents for entrepreneurship and employment. In 2023 the Indian government published a regulatory impact assessment on startups (PIB, 2023) to evaluate the effects of the Startup India action plan (2016). The assessment noted that the plan had accomplished 93% of its targets and far exceeded expectations on employment and investment. Some of the limitations in the Indian startup ecosystem were noted to be gaps and imbalances in the availability of financial, mentorship and other institutional networks, and market linkages, which often resulted in entrepreneurs being unable to identify the right professionals and other support systems. The Bharat Startup Knowledge Access Registry (BHASKAR) was launched on September 16, 2024 by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, to address the aforementioned challenges (PIB, 2024a, 2024b). BHASKAR is an online collaborative platform to build a common digital space for startups, investors, mentors, service providers, and government officials and foster enhanced digital collaboration within the ecosystem of entrepreneurship.






