In Bengaluru district (Rural and Urban), the DPIIT has recognised 13,649 entities as startups that have reportedly created over 1,63,345 direct jobs as on 31 October 2024
Under SISFS, INR 63.99 Cr has been approved for 281 startups to support early stage development
Managed by SIDBI, FFS has facilitated investments of INR 6,470.8 Cr into 346 startups through SEBI-registered alternative investment funds
The government today (December 17) informed the Parliament that over 13K startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) have created over 1.63 Lakh direct jobs in Bengaluru.
Minister of State for Commerce and Industry Jitin Prasada made the revelation in a response to a question in LokSabha.
“In Bengaluru district (Rural and Urban), the DPIIT has recognised 13,649 entities as startups that have reportedly created over 1,63,345 direct jobs as on 31 October 2024,” the minister said.
He added that these…