The Government e-Marketplace (GeM) has facilitated over ₹38,500 crore in transactions for 30,000 startups, solidifying its role as a catalyst in India's innovation ecosystem. GeM provides an inclusive platform for local entrepreneurs and small businesses, enhancing transparency and efficiency in public procurement. Women entrepreneurs make up 8% of the seller base, with Udyam-verified MSEs fulfilling orders worth over ₹46,615 crore. GeM's participation in Startup Maha Kumbh further underscores its commitment to supporting Indian startups and fostering an Atmanirbhar Bharat vision.
Source : mint
GeM Revolutionizes Startup Growth: ₹38,500 Crore Transactions for 30,000 Startups