We are creating some awesome events for you. Kindly bear with us.

Indian Ministry of IT Sets up Hub for Start-ups

Indian Ministry of IT Hub for Start ups

The Ministry of Information Technology and Electronics (MeitY) has established a hub for emerging enterprises, to boost the start-up ecosystem in the country.

The platform will allow start-ups to connect with incubators, accelerators, mentors, angel funds, and venture capitalists.

The MeitY Minister, Ravi Shankar Prasad, formally inaugurated the platform last week, where nearly 1,000 start-ups and 130 incubation centres have gone live.

According to media reports, the “social media platform” lists start-ups according to their area of expertise or the state they belong to. It will bring together all existing programmes and connect start-ups to the right talent, mentor, or VC fund.

Although there are many incubation centres or start-ups scattered across the country, a common link that connects them is missing, a government official told news reporters.

Through this platform, a start-up in a small city can reach out to a mentor specialised in its area from another part of the country. This was not possible earlier, the official added.

So far, Qualcomm, HSBC, along with associations such as the Confederation of Indian Industry, have partnered with the government on the initiative, news reports said.

Start-ups will have a webpage for their enterprise, connect to incubation centres, have access to mentors and centres of excellence, benefit from government schemes, and make use of R&D facilities and labs.

Further along, investors will be able to view the platform to get access to start-ups that are doing work in areas they are interested in and look at funding them.

India has emerged as the third largest ecosystem, with 21 unicorns, for successful start-ups after China and the United States but ahead of Britain and Israel, according to the Hurun Global Unicorn List 2019.

The research showed that Beijing is the world’s unicorn capital with 82, ahead of San Francisco with 55, followed by Shanghai, New York, and Hangzhou.

It also found 494 unicorns in the world, based in 25 countries and 118 cities. Set up seven years ago on average, they are worth US $3.4 billion and US $1.7 trillion in total.

The list showed e-commerce and fintech make up 31% of the world’s unicorns, followed by cloud and AI. The world’s unicorns span 25 industries, with the Big 5 Industries making up half of the total.

For India, start-ups are crucial to its social and economic development and are an important source of employment for the country’s youth.

India currently hosts more than 450 start-ups in the agri-tech segment alone, and the sector has received more than US $248 million of funding in the first six months of this year, a recent report said.

According to data from the government’s flagship Startup India initiative, 15,113 start-ups were recognised under the programme across 492 districts in 29 states and union territories, from 2016-2019.

55% of the recognised start-ups were from Tier 1 cities, 27% from Tier 2 cities and 18% were from Tier 3 cities.

24 states in the country have introduced a start-up policy and the government has made 22 regulatory amendments and approved 1,275 patent rebates in the last three years.


Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.


CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.


Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.


SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.


HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 


IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

Send this to a friend