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104 startups on boarded the India showcase platform

Fiinews by Fiinews
July 21, 2021
in Investment, Technology
Reading Time: 3 mins read
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Startup India Showcase: an online networking portal

A total of 104 startups from different sectors have currently on boarded on the Startup India Showcase Platform with innovations spanning across various cutting-edge sectors such as Fintech, EntrepriseTech, Social Impact, HealthTech, EdTech, among others, the Ministry of Commerce and Industry said on 19 July 2021.

Ecosystem stakeholders have evaluated, nurtured and supported these startups which are solving critical problems and have shown exceptional innovation in their respective sectors.

Startup India Showcase is an online discovery platform for the most promising startups of the country.

Features of Startup Showcase:
I. Visibility
Each startup has a profile page with detailed pitch about their product, innovation and USP in forms of Videos and PDF links. This provides unique visibility to them in front of the entire startup ecosystem. The startups act as the flag-bearers of good quality of Indian startups.

II. Networking
Startup India Showcase is also an online networking portal which offers various social and digital connect opportunities on the platform. Each startup profile is linked with Social Media Pages, LinkedIn URLs of founders and a direct Connect button which facilitate networking opportunities between users. This enables platform users to connect better and explore further business opportunities.

III. Discovery
Startup India Showcase is an online discovery platform for one of the most credible startups out there in our ecosystem. The platform is powered with various tools from a powerful search to an intuitive filter which will enable seamless discovery of startups for stakeholders.

IV. Star Repository
Startup India Showcase is an all-star repository as the platform contains startups who have already proved their capabilities via different means (winning competitions, selling on GeM etc), they will also be a potential priority choice for government and corporate buyers, facilitating their business growth.

Application and Selection Process
I. Application for Startup Showcase
All DPIIT-recognized startups under Startup India are eligible to apply for the Showcase. Startups can apply on the Startup India website by filling a form, uploading their pitch deck, and catalogue.

II. Final Shortlisting and Publishing on the Showcase platform
An Apex Committee has been constituted by DPIIT for the selection of startups for the Startup India showcase platform. This selection is done from the list of applications of startups, recommendations from states, and any other startup that the Apex Committee deems fit for the showcase platform.

Selected startups receive a confirmation email from DPIIT about being featured on the Startup India Showcase to which they need to share a self-declaration of no dues towards any statutory body. Once this declaration is received, the startup’s profile is made live on the website.

Benefits of the Showcase platform to Stakeholders

I. Investors/Accelerators
Discovery of startups with credible profiles for potential investment and acceleration opportunities
First reference point for new innovations and industry trends across the country
II. Corporates/PSUs
Pipeline of ready innovative solutions for strategic deployment in your business units
Startup products and services for new business opportunities and cost/efficiency improvement
Potential partners for international corporates looking to work with startups in India and expanding the innovation ecosystem across boundaries
III. Government Stakeholders
Discover startups that can improve public-service delivery and solve relevant problems under the ambit of Ministry
Startup Pool that can work with Urban Local Bodies to improve the quality of life of citizens and address local problems in the fields of sanitation, health, waste, water, traffic, taxation, etc. Potential products and services to pilot and procure for incorporating innovation in governance.
IV. Startups
Get visibility and recognition through India’s All-Star Startup repository
Discover fellow startups for networking and growth opportunities
Get pilot opportunities from Governments, Corporates, and International organizations
Get fund raising opportunities from relevant investors. #technology #startups #Fintech #investment /fiinews.com

Tags: Ministry of Commerce and Industry
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