MeitY Creates A Startup Hub For Stakeholders

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  • Former entrepreneur Deepak Agarwal will put together a team to run the platform
  • The platform will list all the Startups according to their area of expertise
  • Qualcomm and HSBC, along with associations such as the CII have partnered with the government on the initiative

According to a recent report by ET, India has set up a Startup hub. The hub will act as a platform for incubators, accelerators, and mentors.

This platform will list all the Startups according to their area of expertise and help the startups to connect with the right talent.

About the platform

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A government official told ET that the Ministry of Electronics and IT, which set up the “social media platform for startups”, has appointed former entrepreneur Deepak Agarwal, who will put together a team to run the platform.

He further stated that through this platform, a startup in a small city can reach out to a mentor specialised in its area sitting in another part of the country, which was earlier not possible. Investors can also look at the platform to get access to startups that are doing path-breaking work in an upcoming area and look at funding them, but this part will come later.

As per the news daily, Qualcomm and HSBC, along with associations such as the Confederation of Indian Industry, have partnered with the government on the initiative.

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