<h1>GeM Achieves Over 5 Lakh Crore GMV, Boosts Public Procurement with Tech, Supporting MSEs, Startups & Women-Led Enterprises</h1> The Government e Marketplace (GeM) has surpassed 5 lakh crore in Gross Merchandise Value (GMV) ahead of the fiscal year 2024-25 end, marking rapid expansion in public procurement. Recent policy reforms have enhanced market accessibility, benefiting Micro and Small Enterprises (MSEs), startups, and women-led businesses. GeM has onboarded over 22 lakh sellers, including 29,000 startups and 1.8 lakh women-led enterprises. Technological advancements like cloud migration and AI-powered search have improved procurement efficiency. GeM's efforts have resulted in public savings of over 1,15,000 crore, reinforcing its role in India's economic progress and digital procurement.