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Startup Mahakumbh Is A Golden Bridge For Startups To Connect With Govt: Ajay Bhadoo Of GeM
- Government e Marketplace (GeM) has saved over INR 1.5 Lakh Cr in public exchequer, becoming a powerhouse in online procurement.
- Startups have secured over INR 37K Cr in business through GeM, aiming to onboard more than 1 Lakh DPIIT-registered startups.
- At Startup Mahakumbh, GeM plans to onboard startups in real-time, offering fast-track access to public procurement ecosystem.
- Ajay Bhadoo of GeM discusses opportunities for startups, impact of digitalization on procurement, and government's strategies.
- GeM's Startup Runway initiative supports startups in public procurement and widens their visibility to reach government buyers.
- GeM has reduced turnaround time in public procurement, democratized business opportunities, and ensured competitive pricing.
- Utilizing AI and emerging tech, GeM aims to improve services, streamline procurement processes, and enhance user experience.
- GeM contributes to India's vision of a $5 Tn economy through digital governance, cost savings, and inclusive growth initiatives.
- Startup Mahakumbh aids in promoting innovation and collaborations between startups and government bodies, paving the way for partnerships.
- GeM leverages opportunities at Startup Mahakumbh to onboard startups, simplify onboarding processes, and facilitate interactions with government buyers.
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