Government plans to promote 10,000 startups over the next five to six years through its GENESIS

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The government plans to promote more than 10,000 startups over the next five to six years through its GENESIS (Gen-Next Support for Innovative Startups) initiative, according to Alkesh Kumar Sharma, Secretary of the Ministry of Electronics and Information Technology (MeitY) (August 30).

“We are now moving to the next level where GENESIS is coming… “In the next 5-6 years, we plan to promote 10,000 startups,” Sharma told the news agency PTI. Sharma allegedly made the remarks while speaking at an interactive session hosted by MeitY Startup Hub (MSH) and attended by other senior bureaucrats from the ministry. Representatives from startups such as KidEx, Teralumens, iMumz, Recur Club, and AyuRhytm were also present.

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Government plans to promote 10,000 startups over the next five to six years through its GENESIS

The government plans to promote more than 10,000 startups over the next five to six years through its GENESIS (Gen-Next Support for Innovative Startups) initiative, according to Alkesh Kumar Sharma, Secretary of the Ministry of Electronics and Information Technology (MeitY) (August 30).

“We are now moving to the next level where GENESIS is coming… “In the next 5-6 years, we plan to promote 10,000 startups,” Sharma told the news agency PTI. Sharma allegedly made the remarks while speaking at an interactive session hosted by MeitY Startup Hub (MSH) and attended by other senior bureaucrats from the ministry. Representatives from startups such as KidEx, Teralumens, iMumz, Recur Club, and AyuRhytm were also present.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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