<h1>Over 98,000 Startups Recognized by DPIIT Under Startup India Initiative to Boost Innovation and Ease of Doing Business.</h1> The Startup India initiative, launched on January 16, 2016, aims to foster a vibrant startup ecosystem in India. As of April 30, 2023, 98,119 entities have been recognized as startups by the Department for Promotion of Industry and Internal Trade (DPIIT). The initiative includes an Action Plan with 19 items covering simplification, funding support, and industry-academia partnerships. Key schemes include the Fund of Funds for Startups, Startup India Seed Fund Scheme, and Credit Guarantee Scheme for Startups. The government also supports intellectual property protection, regulatory reforms, and international market access, with efforts to enhance ease of doing business and promote innovation.