The startup industry in India has grown leaps and bounds in the past decade, with hundreds of startups emerging in various domains like technology, agriculture, healthcare, and education. But in order to grow to their fullest potential and avail themselves of government schemes, startups have to get themselves officially registered in the Startup India certification guide.
Government of India, as DPIIT (Department for Promotion of Industry and Internal Trade), has introduced the BHASKAR portal (Bharat Startup Kisan Resource) to ease this process of recognition. For budding entrepreneurs who are curious to know how to obtain Startup India certificate, this portal offers a simple and convenient way of startup recognition in India.
In this detailed Startup India scheme for entrepreneurs certification handbook, we will explain what BHASKAR platform is, where it is used, eligibility, documents needed, and how to apply for Startup India step by step.
What is BHASKAR?
BHASKAR (Bharat Startup Kisan Resource) is an online platform envisioned by the Government of India for simplified startup acquisition of official status and government-subsidized facilities. The Government of India introduced this to address paperwork, procrastination, and uncertainty involved with conventional registration for startups.
Purpose and Scope:
- Easy Startup Certification – It will Offer the easy online startup registration in India.
- Integration with DPIIT – It will Make the startup eligible for direct eligibility under DPIIT startup recognition.
- Mentorship & Networking – Allows entrepreneurs to get in touch with mentors, incubators, and industry players.
- Access to Funding – It is Viable for venture capital funding, angel funds, and seed funds provided by the government.
- Market Access – Eligible startups become eligible to be part of government tenders with exemptions.
- Policy & Tax Benefits – Tax-free status is awarded to certified startups for 3 years and other benefits.
By bringing all these functions under one umbrella, BHASKAR portal startup registration is a one-stop-shop for young entrepreneurs.
Step-by-Step BHASKAR Portal Registration
BHASKAR platform registration is simple but must be done precisely. This is how to do it:
Step 1: BHASKAR Portal Registration
- Start Visiting the official BHASKAR portal.
- And then, Click on Startup Registration.
Provide basic information like:
- Startup name.
- Entity type (Private Limited Company, LLP, or Partnership).
- Date of incorporation.
- Business sector and sub-sector.
- Founders contact details.
- Validate your mobile number and e-mail ID through OTP verification.
- Create a username and password to log in to the dashboard.
Note: Carefully verify the date of incorporation since eligibility is subject to the condition that the entity should not be more than 10 years old.
Visual Suggestion: BHASKAR portal login page (Alt-text: Startup registration login page on BHASKAR portal).
Step 2: Documents to be Prepared
The proper Startup registration documents required to constitute a good application. The startup registration demands the following documents:
- Incorporation/Registration Certificate – Under MCA (Ministry of Corporate Affairs).
- Entity’s PAN Card – It is for the purpose of compliance.
- Directors/Partners Details – Directors/Partners must provide ID proof and DIN/LLPIN
- Document of Office Address – You must submit the Document of Office Address – Rent agreement, bill, or ownership document.
- Business Plan or Pitch Deck – Briefly bringing out innovation, scalability, and social/economic impact.
- Funding Details (if any) – Seed funding, angel investments, or grants.
- Recommendation/Supporting Documents – It is the Incubator/government letters (optional but useful).
Tip: Scan Here in the high resolution and upload as PDF to make them acceptable.
Visual Suggestion: Start Uploading the business documents for Startup India certification on BHASKAR portal (Alt-text: Upload business documents for Startup India certification on BHASKAR portal).
Step 3: Application Submission
Once it is registered and documents ready, fill out the following BHASKAR portal startup registration steps:
- Log into the BHASKAR dashboard.
- And then, Click on Apply for Startup Recognition.
Fill in the application form with:
- All type of Business information.
- Problem solved and innovation exploited.
- Revenue model, traction, or scalability potential.
- Sector applicability and all the beneficiaries.
- Start uploading the supporting documents.
- Confirming the application.
- Verifying the declaration box for authentication confirmation.
- Submit the application.
- Track all the progress through the Application Status in the dashboard.
Visual Suggestion: Application submission confirmation screen (Alt-text: Startup India application submission confirmation on BHASKAR portal).
Tip: Clearly define your innovation this is one point of clearance.
Startup India Eligibility Criteria
Startup India eligibility conditions are points of clearance:
- Type of entity: Must be Private Limited Company, LLP, or Partnership Firm.
- Age of incorporation: Must not be more than 10 years old.
- Turnover limit: Must not be more than INR 100 crore in any financial year.
- Innovation factor: The enterprise must be product/service improvement, product/service development, or innovative in nature.
- Not a split business: The startup must not be established through reorganization of an existing firm.
- Non-compliance with any one of these may result in rejection of the application.
Benefits of Startup India Certification on BHASKAR
Being highlighted on the BHASKAR website, start-ups qualify for availing a series of benefits:
- Mentorship and Access to Knowledge
Become networked with industry leaders, incubators, and accelerators. It makes your business model simple and thrives well.
- Funding
Short-listed start-ups also become eligible for:
- Fund of Funds for Start-ups (FFS).
- SIDBI venture capital funding.
- Angel/VC investment opportunities.
- Tax Exemptions
- Tax holiday for 3 years under Section 80-IAC.
- Exemption from capital gain tax on investment in recognized funds.
- Government Tender Exemptions
- No experience or pre-turnover while procuring government contracts.
- Intellectual Property (IPR) Advantage
- 80% exemption on patent application fee.
- Quick patent and trademark examination.
- Market and Networking Edge
Recognition increases credibility, thus making corporates and internationalization easy to partner with.
- Easy Certification
- It is Portal for one-stop recognition, compliance, and ongoing startup support.
Visual Suggestion: The Dashboard will reflect the benefit (Startup India certification guide on benefit for start-ups on BHASKAR portal).
Why Entrepreneurs Ought to Go for BHASKAR Portal
- One-Stop Facility: Registration to certification, all at the same place at the center.
- Government Certification: Under DPIIT BHASKAR portal certification directly and thus genuine.
- 24/7 Convenience: Whole process online at one’s convenience.
- Simplified Assistance: Even a start-up can approach organizations like e-startupindia.com to get expert advice.
- Gateway to Growth: Recognition has access to a number of government schemes for start-ups in India.
Conclusion
The process of registration of the BHASKAR platform goes through transparent, systematized, and streamlined processes by which start-ups are able to get the official approval under the Startup India certification program. From eligibility verification, filing documentation, and sanction in the last step, the platform brings the paper-chase process to the barest minimum and keeps it maximally available.
To all budding entrepreneurs who are eager to expand their business, DPIIT recognition for startups is not only a paper but in fact the door to capital, tax incentives, networks, and markets. Through this registration process under Startup India, startups will be well-placed in India’s vibrant entrepreneurial ecosystem.
If you desire to start your business early, start your online startup registration in India today on the BHASKAR portal or startup registration support by e-startupindia.
FAQs
Q1. How to apply for Startup India certificate on the BHASKAR portal?
Become a part of the BHASKAR portal, prepare your documents, fill up the recognition form, and apply online.
Q2. What are the eligibility criteria for Startup India?
The company should not be older than 10 years, Private Limited, LLP, or Partnership, with less than INR 100 crore turnover, and should be of innovation nature.
Q3. Documents required for registration under Startup India?
Incorporation Certificate, PAN card, address proof, IDs of directors, and business plan are the key documents.
Q4. Do you need DPIIT recognition to take advantage of Startup India benefits?
In fact, DPIIT needs to identify startups through the BHASKAR portal to be eligible for tax exemption, funding, and tenders.
Q5. Am I entitled to online Startup India registration assistance?
Yes, e-startupindia.com offers professional startup registration service including documentation, compliance, and filing.
If you need further assistance or have any doubts, our experts are here to help you. Call us: 8881-069-069.
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