GeM Sparks Startup Revolution: ₹38,500 Crore Boost for 30,000 Innovators

The Government e-Marketplace (GeM) has become a revolutionary platform in India's public procurement infrastructure, empowering startups to innovate and grow. As of April 2025, GeM has enabled transactions amounting to ₹38,500 crore for more than 30,000 startups, cementing its position as a driving force for entrepreneurial growth and innovation in keeping with the vision of Atmanirbhar Bharat.

 

Key Points:

 

Startup Maha Kumbh Contributions: Through the recently hosted Startup Maha Kumbh 2025:

Sector Focus: GeM threw light during the event upon India's focus areas such as DeepTech, AgriTech, BioTech, MedTech, Artificial Intelligence, and Gaming.

 

Policy-Driven Opportunities: With initiatives such as SWAYATT and strategic partnerships during events like Startup Maha Kumbh, GeM is further connecting innovators with government buyers and empowering startups with policy-driven opportunities.

 

CEO's Vision: Ajay Bhadoo, GeM's CEO, outlined the transformative power of public procurement in boosting startup development and inclusive growth in his keynote speech at Startup Maha Kumbh.

 

Sources: DD News, Economic Times, Latestly, Yes Punjab