Bhaskar ID Registration Form 2024 under Startup India Programme are invited by central government. A new digital platform Bharat Startup Knowledge Access Registry (BHASKAR) has been launched by Commerce Minister Piyush Goyal on 16 September 2024. The Bhaskar portal aims to be a centralized platform for different stakeholders of the startup ecosystem to connect, exchange ideas and grow. It includes startups, investors, mentors, service providers and government bodies. Read this article till the end to know how to apply online for Bhaskar ID in Startup India scheme.
Accordingly, the page to fill Bhaskar ID Registration Form 2024 will appear as shown below:-
Bhaskar ID Registration Form
Select your nationality, enter name, email address, mobile number, password and click at “Generate OTP for Email & Mobile” button.
Enter email OTP and mobile OTP and verify it. After verification of both email OTP and mobile OTP, click at “Get Your Bhaskar ID” tab.
Then you would automatically get logged in where you can select your account type to get your Bhaskar ID.
Account Type Get Your Bhaskar ID
Select your account type as “Individual” to create an account for yourself.
Individual Account Creation Bhaskar ID
As an individual, you can register either as startup founder / entrepreneur or traditional business owner or individual investor or mentor or enabler or explorers or student. For eg- we have selected “startup founder/entrepreneur” type.
Then the page to apply online to get your Bhaskar ID will appear as shown below:-
Apply Online to Get Bhaskar ID
Share your information to get your Bhaskar ID and then complete your profile.
How Bhaskar ID Works?
Sign Up (Make Registration as mentioned above)
Select Profile Type
Add Your Details
Generate Bhaskar ID
Complete Public Profile and Publish
Start Connecting
What is Bhaskar ID?
The newly launched, Bharat Startup Knowledge Access Registry (BHASKAR), is a new registration process that may enable you to get your Bhaskar ID, and may also enable you to create your preferred profile. in the interim, the existing registration process to avail all the services of Startup India may continue in parallel. As the BHASKAR platform evolves, all services under Startup India may be evaluated for consolidation and integration into the new registration and profile managerment framework.
Further, only those members who have completed their BHASKAR public profiles after the generation of the Bhaskar ID would be available for search in the network section. This is to ensure that only complete and updated profiles are displayed, maintaining the accuracy, integrity and quality of the network.
About Bhaskar Portal under Startup India Programme
Bhaskar portal would serve as a digital central registry of stakeholders involving nearly 1.5 lakh startups, which have reported creating more than 15 lakh jobs. The new Bhaskar platform will focus on streamlining collaboration to address existing challenges in the ecosystem. It would promote entrepreneurship and job creation. Each member on the platform will have a unique BHASKAR ID assigned to use the platform.
Bhaskar Portal Launch by Commerce Minister
On 16th Sept 2024, Commerce Minister Piyush Goyal has launched Bhaskar Portal under Startup India programme. While launching the portal, minister said “We are going to make a serious effort so that the Indian startup ecosystem becomes more visible, more democratic and socialised across India and later across the world as Bhaskar would be available for the world to see. It will help us create the brand that startup India should be now and the world to recognize the inquisitiveness of Indian minds.”
“Under the Startup India programme, the government already operates multiple portals for startups including a) Startup India Investor Connect Portal for capital raising, b) National Mentorship Portal (MAARG) for mentorship, c) Startup India Hub for all stakeholders to connect with each other, d) Startup India Showcase that exhibits leading startups handpicked through various DPIIT and Startup India programmes,” Commerce Minister added.
Need for Bhaskar Platform under Startup India Scheme
India has currently the 3rd largest startup ecosystem in the world in terms of the number of startups after the United States of America (USA) and China. The startup ecosystem saw a significant 42% surge in VC funding during the January-July 2024 period with a total of 672 deals raising $6.3 billion in comparison to the year-ago period, according to the data by the analytics company GlobalData. This was 7% and 4.3% of the global VC funding landscape during the period.
“We are the third largest startup ecosystem but our aspirations don’t end there. We should be aspiring to go beyond and have our own Silicon Vallies beyond Bengaluru,” said Commerce Minister Goyal. The minister also suggested setting up a 200-500 acre township or a society for entrepreneurs, startups, and innovators on the lines of Silicon Valley in the US.
The union govt. provides startup registration to enterprises which have been operational in India for not over 10 years and incorporated as a private limited company or a registered partnership firm or a limited liability partnership. Moreover, the annual turnover should not exceed Rs. 100 crore for any of the financial years since its incorporation.
