Piyush Goyal launches BHASKAR under Startup India program

New budget to focus on startup funding boost

The ministry is considering proposing a new scheme modeled after the existing one. This seed fund initiative was designed to provide crucial financial support to startups for proof of concept, prototype development, product trials, market entry, and commercialization.

PM Modi: Govt committed to provide right environment for startups to flourish, create wealth

PM Modi, in a social media series, highlighted India's vibrant youth and reiterated government backing for startups and wealth building. His comments followed praise from innovators for initiatives like Atal Innovation Mission and Start-up India during the 'Vishesh Sampark Abhiyan' event in the capital.

PM Modi commends India's tech progress and startup icons after their address at 'Vishesh Sampark'

Abhiraj Bhal, Founder of Urban Company, highlighted, "The government played a pivotal role in facilitating the creation of a certified skilled workforce, enabling thousands of professionals to gain credible skills for home services. Today, we employ 57,000 individuals across 62 cities. The Start-up India initiative has been invaluable in fostering an environment conducive to brainstorming for hours and cultivating a highly supportive start-up ecosystem."

Indian startups secure $287 million in funding; Perfios emerges as second unicorn of 2024

The Indian startups continued to raise funds at a normal pace, and this week, 30 startups secured around $287 million in the country. This included six growth-stage deals and 20 early-stage deals, Entrackr reported on Saturday.

Rahul Gandhi: Not a single startup exists

"Have you seen any startups? Are they anywhere to be seen? Not a single one exists. And those that exist are in the control of foreign firms. We will create a ₹5,000 crore fund so that sons of poor farmers and labourers can open their own startups," he asserted.

Indian women-led startups secures $23 Billion in funding across 8,000 ventures , report reveals

In the first two months of 2024 alone, $100 million in funding has been raised by women-led startups. Among the 2,300 funded women-led startups, 13.4% have progressed to the Series A stage, and 3% have advanced to the Series C stage or beyond.

Piyush Goyal attended curtain raiser ceremony of 'Startup Mahakumbh' aimed at boosting startup

Goyal expressed optimism about the role of startups as the backbone of "New India," echoing Prime Minister Narendra Modi's vision of leveraging the entrepreneurial spirit to propel the nation forward. He emphasized the need for successful startups to seize the moment and capitalize on the opportunities presented by India's burgeoning startup ecosystem.