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India's government marketplace, GeM, boosts startups with over $4.8 billion in transactions and new support initiatives.
The Indian government's online marketplace, GeM, has enabled transactions worth over ₹38,500 crore for more than 30,000 startups, making it a key driver in India’s innovation ecosystem.
GeM, a platform for government procurement, supports startups, particularly women entrepreneurs who make up 8% of its seller base.
Commerce Minister Piyush Goyal also announced a new helpline for startups and a ₹10,000 crore fund to support early-stage ventures and deep-tech innovations.
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El mercado gubernamental de India, GeM, impulsa las startups con más de $4.800 millones en transacciones y nuevas iniciativas de apoyo.