DPIIT recognises 1.40 lakh entities as startups as on June 30

The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 1,40,803 entities as startups as of 30th June 2024 said Minister State for Commerce and Industry minister Jitin Prasdada in a written reply to the Rajya Sabha. The minister also informed under the Startup India Seed Fund Scheme, Rs 90.52 crore was approved to startups by incubators as of June 30 as against Rs 186.19 crore in 2023.