Startup India Hub

Snapshot

We empower Startup ventures to boost entrepreneurship, economic growth, and employment across India!

The Startup India initiative was launched on 16^th January 2016, by the Hon’ble Prime Minister. The Prime Minister unveiled an Action Plan, which consists of 19 Action Points that act as a guiding document for the initiative. Since the inception of the initiative:

• Over 50,000 startups have been recognised with the Government
• These startups are spread over 623 districts from 30 States and 7 Union Territories of India
• A ₹10,000 Cr ‘fund of funds’ is being managed for growing the domestic venture capital industry
• A ₹1,000 Cr Startup India seed fund has been launched in 2021 to aid setting up and growth of new startups
• Creation of 2.9 lakh jobs across the country, with 45% of them having a base in Tier 2 - Tier 3 cities
• India is the largest in number of startups being added every hour (4 startups/per hour), 3^rd largest in number of startups and the 3^rd largest unicorn community 
• 32 Regulations simplified for startups – including Angel Tax
• Over 220 Income Tax Exemptions
• Over 250 SIDBI Fund of Funds

We also built a virtual incubation platform for startup ecosystem stakeholders, to network with each other, have access to resources, tools & templates that would help them throughout their journey. It is the world’s largest virtual hub, and currently has: