Startup India Initiative was launched on 16th January 2016. The Startup India Action Plan with 19 Action Points intends to build a strong eco-system for nurturing innovation and startups in the country that will drive sustainable economic growth and generate large scale employment opportunities. The Action Plan is divided across the following areas:
- Simplification and Handholding
- Funding Support and Incentives
- Industry- Academia Partnership and Incubation
The incentives being provided to startups under Startup India initiative to overcome their initial hurdles are given below:
- Self-Certification under 6 Labour Laws & 3 Environmental Laws
- Relaxations in Public Procurement Norms
- Faster exit under the Bankruptcy Code
- Rebates on Patent & Trademark filing fees, support from facilitators and expedited examination of Patent application
- Income Tax exemption under Section 80 IAC of Income Tax Act
- Exemption from Income Tax on investments received above fair market value under clause (ii) of the proviso to clause (viib) of sub-section (2) of section 56 of the Income Tax Act
- Funding support under the Fund of Funds for startups
- Guidance and facilitation support from Startup India Hub
The details of Startups founded all over country is not compiled, however, various initiatives undertaken under Startup India initiative have resulted in increase in recognition of Startups by DPIIT since the launch of the initiative as under:
Fiscal Year
|
Number of startups recognized
|
2016-2017
|
746
|
2017-2018
|
7961
|
2018-2019
|
8618
|
2019-2020 (Till November 5, 2019)
|
7141
|
The data on number of startups which are still functional for three years or have failed in three years of their launch is not compiled. As per data self-reported by startups, a total of 3 startups from Pratapgarh have been recognized by DPIIT. List of state-wise and industry-wise startups recognized by DPIIT since the launch of the initiative in 2016 based on data self-reported by startups are at Annexure I and Annexure II, respectively. Product-based data of the recognized startup by DPIIT is not compiled.
ANNEXURE-I
List of State/UT-wise number of Startups recognized by DPIIT
State/UT
|
2016
|
2017
|
2018
|
2019 (Till 5th November 2019)
|
Andaman and Nicobar Islands
|
0
|
1
|
2
|
5
|
Andhra Pradesh
|
4
|
103
|
162
|
140
|
Arunachal Pradesh
|
0
|
0
|
2
|
2
|
Assam
|
10
|
35
|
68
|
57
|
Bihar
|
1
|
48
|
149
|
135
|
Chandigarh
|
9
|
22
|
27
|
32
|
Chhattisgarh
|
11
|
57
|
121
|
143
|
Dadra and Nagar Haveli
|
0
|
3
|
0
|
2
|
Daman and Diu
|
0
|
1
|
1
|
0
|
Delhi
|
75
|
743
|
1187
|
1152
|
Goa
|
2
|
20
|
44
|
32
|
Gujarat
|
29
|
298
|
452
|
514
|
Haryana
|
28
|
271
|
487
|
591
|
Himachal Pradesh
|
0
|
9
|
17
|
25
|
Jammu and Kashmir
|
2
|
15
|
48
|
37
|
Jharkhand
|
2
|
35
|
88
|
80
|
Karnataka
|
67
|
886
|
1213
|
1374
|
Kerala
|
24
|
172
|
332
|
563
|
Madhya Pradesh
|
7
|
107
|
297
|
272
|
Maharashtra
|
93
|
1104
|
1661
|
1778
|
Manipur
|
0
|
4
|
7
|
4
|
Meghalaya
|
0
|
0
|
2
|
6
|
Mizoram
|
0
|
0
|
2
|
1
|
Nagaland
|
1
|
4
|
2
|
2
|
Odisha
|
4
|
115
|
168
|
142
|
Pondicherry
|
0
|
3
|
16
|
6
|
Punjab
|
7
|
31
|
70
|
81
|
Rajasthan
|
14
|
140
|
246
|
300
|
Sikkim
|
0
|
1
|
0
|
2
|
Tamil Nadu
|
54
|
271
|
459
|
489
|
Telangana
|
20
|
328
|
511
|
492
|
Tripura
|
0
|
0
|
4
|
5
|
Uttar Pradesh
|
29
|
413
|
791
|
709
|
Uttarakhand
|
4
|
45
|
69
|
84
|
West Bengal
|
8
|
181
|
275
|
255
|
ANNEXURE-II
List of industry-wise number of startups recognized by DPIIT
Industry
|
2016
|
2017
|
2018
|
2019(Till 5th November 2019)
|
Advertising
|
0
|
54
|
92
|
89
|
Aeronautics/Aerospace & Defence
|
0
|
24
|
78
|
87
|
Agriculture
|
0
|
174
|
319
|
427
|
AI
|
0
|
73
|
218
|
288
|
Analytics
|
0
|
64
|
102
|
106
|
Animation
|
0
|
5
|
13
|
12
|
AR/VR (Augmented + Virtual Reality)
|
0
|
40
|
66
|
81
|
Architecture/Interior Design
|
0
|
19
|
52
|
56
|
Art & Photography
|
0
|
35
|
32
|
32
|
Automotive
|
0
|
82
|
141
|
158
|
Chemicals
|
0
|
21
|
41
|
54
|
Computer Vision
|
0
|
23
|
33
|
33
|
Construction
|
0
|
83
|
212
|
282
|
Dating/Matrimonial
|
0
|
3
|
8
|
11
|
Design
|
0
|
53
|
105
|
79
|
Education
|
0
|
313
|
767
|
658
|
Enterprise Software
|
0
|
148
|
249
|
263
|
Events
|
0
|
22
|
40
|
52
|
Fashion
|
0
|
59
|
111
|
102
|
Finance Technology
|
0
|
160
|
237
|
362
|
Food & Beverages
|
0
|
179
|
365
|
450
|
Green Technology
|
0
|
128
|
274
|
310
|
Healthcare & Lifesciences
|
0
|
424
|
768
|
808
|
House-Hold Services
|
0
|
38
|
76
|
78
|
Human Resources
|
0
|
53
|
149
|
171
|
Internet of Things
|
0
|
143
|
265
|
246
|
IT Services
|
0
|
610
|
1417
|
1351
|
Marketing
|
0
|
73
|
243
|
226
|
Media & Entertainment
|
0
|
96
|
166
|
197
|
Nanotechnology
|
0
|
12
|
21
|
20
|
Non-Renewable Energy
|
0
|
12
|
27
|
31
|
Other Specialty Retailers
|
0
|
30
|
66
|
63
|
Pets & Animals
|
0
|
12
|
22
|
24
|
Professional & Commercial Services
|
0
|
190
|
388
|
400
|
Real Estate
|
0
|
34
|
80
|
95
|
Renewable Energy
|
0
|
142
|
292
|
262
|
Retail
|
0
|
116
|
241
|
224
|
Robotics
|
0
|
28
|
71
|
81
|
Safety
|
0
|
10
|
27
|
26
|
Security Solutions
|
0
|
36
|
87
|
84
|
Social Impact
|
0
|
37
|
64
|
73
|
Social Network
|
0
|
60
|
82
|
105
|
Sports
|
0
|
25
|
40
|
54
|
Technology Hardware
|
0
|
152
|
260
|
286
|
Telecommunication & Networking
|
0
|
53
|
105
|
83
|
Textiles & Apparel
|
0
|
61
|
100
|
105
|
Transportation & Storage
|
0
|
100
|
164
|
216
|
Travel & Tourism
|
0
|
72
|
199
|
211
|
Not Reported
|
505
|
1085
|
5
|
0
|
This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Lok Sabha today.