The Indian government has revealed that a total of 1,97,932 entities have been registered under the ‘startup’ category on the BHASKAR platform as of June 30, 2025, signaling significant momentum in the country’s entrepreneurial ecosystem.
The Bharat Startup Knowledge Access Registry (BHASKAR) is a digital platform designed to foster collaboration, innovation, and networking among startups, investors, incubators, and other key stakeholders. The update was shared by Minister of State for Commerce and Industry, Shri Jitin Prasada, in a written reply in the Rajya Sabha.
BHASKAR Startup Platform: Features Under Pilot Testing Phase
Currently in its pilot phase, the BHASKAR startup platform is testing multiple features aimed at enabling better peer-to-peer interactions, fostering strategic partnerships, and encouraging collaborative development among startups.
Some of the key components under trial include:
- Peer-to-peer engagement tools
- Stakeholder-specific unique IDs
- Integrated microsites for government schemes under the Startup India umbrella
The platform is also expected to evolve based on feedback from users including small and micro enterprises, helping refine user experience and maximize its role in the broader innovation ecosystem.
To this end, the government is conducting targeted outreach through state-level events, workshops, and awareness campaigns in partnership with:
- Startup Nodal Agencies
- Universities and colleges
- Incubators and accelerators
- Social media platforms
₹9,994 Crore Committed Under Fund of Funds for Startups (FFS)
In parallel, the government is bolstering financial support to startups via its flagship schemes under the Startup India initiative. As of June 30, 2025, a net commitment of ₹9,994 crore has been made to 141 Alternative Investment Funds (AIFs) through the Fund of Funds for Startups (FFS) scheme.
Managed by the Small Industries Development Bank of India (SIDBI), the FFS programme empowers SEBI-registered AIFs with capital, which they in turn invest in high-potential Indian startups across various sectors.
Other Startup India Schemes Driving Innovation
The government continues to push its three flagship schemes to support startups across different stages of growth:
- Fund of Funds for Startups (FFS): Catalyses venture capital investments through SEBI-registered AIFs
- Startup India Seed Fund Scheme (SISFS): Provides financial assistance to early-stage startups via incubators. As of June 30, ₹945 crore has been approved to 219 incubators
- Credit Guarantee Scheme for Startups (CGSS): Aims to reduce credit risk and improve funding access for startups
These schemes work collectively to build a resilient, innovation-driven economy, and are designed to empower startups from seed to scale.
The near 2 lakh registrations on the BHASKAR startup platform along with increased fund allocations under FFS and SISFS underscore India’s commitment to building a robust startup ecosystem. By blending technology, training, and targeted capital deployment, the government is paving the way for the next generation of Indian entrepreneurs.
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