Launched earlier this week, the Startup India Hub – www.startupindiahub.org.in – is an online platform for all stakeholders of the startup ecosystem in India, including startups, investors, mentors, incubators, accelerators, aspiring entrepreneurs, service providers, and government bodies.Developed under Government of India’s flagship initiative – Startup India – the Hub is hosted under Invest India, the national investment promotion and facilitation agency that also hosts the ‘Make in India’ campaign. Invest India is a not-for-profit company promoted by Department of Industrial Policy & Promotion (DIPP), Ministry of Commerce & Industry, NASSCOM, CII, FICCI along with the state governments.
The Hub aims to provide an opportunity to connect with other members of the ecosystem and also give access to important resources for learning and development, mentorship, funding, etc. Startup India Hub has partnered with various organizations to on-board entrepreneurs and investors, as well as build knowledge modules. It also aggregates over 50 relevant government schemes and programs. and in the next phase, the platform will also aggregate schemes available across various state governments.
India is the third largest startup ecosystem around the globe and the Startup India Hub aims to streamline the lifecycle of existing and potential startups in the country, helping them access the right resources at the right time. The virtual platform will bring all stakeholders together to discover, connect and engage with each other and will solve the problem of information asymmetry and lack of access to knowledge, tools, as well as expertise, especially in the growing ecosystems across Tier II and III towns in India.