April 17, 2026 6:06 PM

Government recognises record 55,200 startups in FY26; total crosses 2.23 lakh under Startup India

The Centre on Friday said it recognised more than 55,200 startups in 2025-26, the highest ever in a single year since the launch of the Startup India initiative in 2016. With this, the total number of recognised startups in the country has crossed 2.23 lakh as of March 31, 2026, collectively generating over 23.36 lakh direct jobs. Strong growth in startups and jobs According to the Ministry of Commerce & Industry, startup recognition grew by 51.6% year-on-year compared to FY25, while dire...

February 18, 2026 12:33 PM

Ashwini Vaishnaw inaugurates ‘WAVES Creators’ Corner’ at India AI Impact Summit 2026; 51 startups showcase AI innovations

Union Minister for Information and Broadcasting Ashwini Vaishnaw on Tuesday inaugurated the ‘WAVES Creators’ Corner’ at the India AI Impact Summit 2026, unveiling a dedicated innovation workspace aimed at demonstrating the transformative potential of Artificial Intelligence in the AVGC-XR ecosystem. The pavilion, launched on the second day of the summit in New Delhi, has been conceptualised as a fully operational, hands-on platform showcasing AI applications across Animation, Visual Effec...

February 14, 2026 2:01 PM

Cabinet approves Rs 10,000 crore Startup India Fund of Funds 2.0 to boost venture capital ecosystem

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the establishment of the Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of ₹10,000 crore to mobilise venture capital for the country’s rapidly expanding startup ecosystem. The new fund aims to accelerate the next phase of India’s startup journey by mobilising long-term domestic capital, strengthening the venture capital landscape and supporting innovation-led entrepreneurship across sectors. Launched under ...

January 16, 2026 10:32 PM

Piyush Goyal highlights rising self-confidence among India’s youth at ‘Startup Pe Charcha’

Union Minister for Commerce and Industry Piyush Goyal on Friday said one of the most striking changes in a resurgent India is the growing self-confidence among its youth, as young Indians increasingly embrace risk-taking, entrepreneurship and innovation. Addressing the “Startup Pe Charcha” interaction at Bharat Mandapam, Goyal said the willingness of the younger generation to experiment with ideas and pursue entrepreneurial paths reflects a fundamental shift in India’s mindset towards inn...

January 16, 2026 2:01 PM

India’s vibrant startup ecosystem is helping creators grow: PM Modi

Prime Minister Narendra Modi on Friday highlighted the country’s vibrant startup ecosystem, saying it is helping creators grow in an inclusive set-up and opening up innumerable opportunities for a Viksit Bharat. Responding to a post by Commerce Minister Piyush Goyal on the social media platform X, PM Modi stated: “Today’s India believes in aspiration and creation; they are creating what they once used to seek!” The Prime Minister was referring to an article by the minister on the count...

January 2, 2026 12:28 PM

DST sets up 15 inclusive technology business incubators to expand innovation beyond metros

The Department of Science and Technology (DST) has established 15 Inclusive Technology Business Incubators (i-TBIs) across universities and higher educational institutions in different parts of the country to democratise innovation and entrepreneurship beyond metropolitan centres, Union Minister of State (Independent Charge) for Science and Technology Jitendra Singh said on Thursday. Singh visited Delhi Technological University (DTU) in the national capital, where he reviewed the functioning of...

December 29, 2025 12:47 PM

Year-ender 2025: Startups in last 1 year – How India’s Innovation Engine is Growing

India’s startup ecosystem continues to accelerate in 2025, crossing key milestones in terms of numbers, jobs, and innovation. According to the commerce and industry ministry, the country now has over 2,01,000 registered startups under the Startup India initiative, and these ventures have generated more than 21 lakh jobs nationwide, making startups a major engine of employment and economic dynamism. The growth in 2025 builds on nearly a decade of policy support. When Startup India was launched...

November 25, 2025 3:42 PM

Bihar cabinet approves six proposals focused on youth, startups and industrial growth

The Bihar Cabinet, in its first meeting since the formation of the new government, on Tuesday approved six proposals aimed at youth empowerment, startup promotion, industrial development and planned urban expansion. According to officials, the decisions are intended to lay a roadmap for positioning Bihar as an emerging technological and economic centre. The most prominent proposal cleared relates to policy formulation for promoting youth entrepreneurship and startups. A high-level committee wi...

July 31, 2025 10:57 AM

Centre pushes semiconductor innovation with 23 new chip-design projects

The Government of India has sanctioned 23 chip-design projects under the Design Linked Incentive (DLI) Scheme as part of its effort to boost the country’s semiconductor design capabilities. These projects, led by domestic companies, startups, and MSMEs, will receive financial assistance to develop chip solutions for areas such as surveillance cameras, energy meters, microprocessor IPs, and networking applications. The announcement was made in the Lok Sabha by Union Minister of Electronics and...

May 9, 2025 1:54 PM

Centre expands credit guarantee scheme for startups

The Centre on Friday notified an expansion of the Credit Guarantee Scheme for Startups (CGSS). The revised scheme significantly enhances guarantee coverage and reduces associated fees, in a bid to ease access to debt funding for early-stage and innovation-driven enterprises. The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, announced that the ceiling on guarantee cover per borrower under the CGSS has been raised from ₹10 crore to...