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Karnataka approves ₹518 crore startup policy aimed at 25,000 new ventures
The state government of Karnataka, India, has approved the Startup Policy 2025-2030 with a budget allocation of ₹518 crore(around US$64 million) aimed at creating 25,000 new startups, of which 10,000 would be located outside Bengaluru in hubs such as Mysuru, Hubballi and Mangaluru. The policy emphasises emerging technology sectors including artificial intelligence, blockchain, quantum computing and cleantech, and includes infrastructure support, mentorship frameworks and global innovation alliances covering 30+ countries.
Karnataka currently hosts about 18,000 DPIIT-recognised startups and nearly half of India’s unicorn ecosystem, with goals of deepening its innovation base.
positive
Karnataka approves ₹518 crore startup policy aimed at 25,000 new ventures
The state government of Karnataka, India, has approved the Startup Policy 2025-2030 with a budget allocation of ₹518 crore(around US$64 million) aimed at creating 25,000 new startups, of which 10,000 would be located outside Bengaluru in hubs such as Mysuru, Hubballi and Mangaluru. The policy emphasises emerging technology sectors including artificial intelligence, blockchain, quantum computing and cleantech, and includes infrastructure support, mentorship frameworks and global innovation alliances covering 30+ countries.
Karnataka currently hosts about 18,000 DPIIT-recognised startups and nearly half of India’s unicorn ecosystem, with goals of deepening its innovation base.
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Karnataka launches a ₹518 crore startup policy to foster 25,000 ventures and expand beyond Bengaluru.
The state government of Karnataka, India, has approved the Startup Policy 2025-2030 with a budget allocation of ₹518 crore(around US$64 million) aimed at creating 25,000 new startups, of which 10,000 would be located outside Bengaluru in hubs such as Mysuru, Hubballi and Mangaluru. The policy emphasises emerging technology sectors including artificial intelligence, blockchain, quantum computing and cleantech, and includes infrastructure support, mentorship frameworks and global innovation alliances covering 30+ countries.
Karnataka currently hosts about 18,000 DPIIT-recognised startups and nearly half of India’s unicorn ecosystem, with goals of deepening its innovation base.
The state government of Karnataka, India, has approved the Startup Policy 2025-2030 with a budget allocation of ₹518 crore(around US$64 million) aimed at creating 25,000 new startups, of which 10,000 would be located outside Bengaluru in hubs such as Mysuru, Hubballi and Mangaluru. The policy emphasises emerging technology sectors including artificial intelligence, blockchain, quantum computing and cleantech, and includes infrastructure support, mentorship frameworks and global innovation alliances covering 30+ countries.
Karnataka currently hosts about 18,000 DPIIT-recognised startups and nearly half of India’s unicorn ecosystem, with goals of deepening its innovation base.
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