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Karnataka approves ₹518 crore Start-Up Policy to fuel 25,000 new ventures

GenevaTimes by GenevaTimes
November 6, 2025
in Business
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Karnataka approves ₹518 crore Start-Up Policy to fuel 25,000 new ventures
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Priyank Kharge, State Minister for Rural Development & Panchayat Raj, IT & Biotechnology (file photo)

Priyank Kharge, State Minister for Rural Development & Panchayat Raj, IT & Biotechnology (file photo)
| Photo Credit:
ALLEN EGENUSE J

The Karnataka Cabinet has approved the Start-Up Policy 2025–2030, with an outlay of ₹518.27 crore aimed to strengthen the State’s innovation ecosystem and create 25,000 new start-ups, including 10,000 ventures from Beyond Bengaluru. The new policy seeks to position Karnataka as a “Champion State” in the start-up domain with a focus on Artificial Intelligence (AI), Blockchain, Quantum Computing, and other DeepTech sectors.

The policy will extend strategic support across funding, incubation, mentorship, R&D, infrastructure, and international collaboration. Its implementation will hinge on seven core interventions—ranging from skill development and market access to inclusion, sustainability, and regulatory facilitation—designed to promote innovation and inclusive growth.

“Karnataka already stands as the unrivalled leader in India’s start-up landscape, playing a pivotal role in positioning the country as a global innovation and entrepreneurial hub,” said Priyank Kharge, State Minister for Rural Development & Panchayat Raj, IT & Biotechnology. “This strategic initiative will further empower impact-driven business models, boost social entrepreneurship and promote inclusive growth in the State,” he added.

Karnataka continues to lead India’s start-up ecosystem, hosting nearly 50 of the country’s 118 unicorns and over 18,000 registered start-ups, accounting for 15 per cent of all DPIIT-recognized ventures. Bengaluru now ranks 10th globally among the top 20 start-up cities, as per the Global StartupBlink Index 2025.

The State has also expanded its Global Innovation Alliances (GIA) to foster partnerships with over 30 countries, enabling start-ups to access global markets, particularly in renewable energy, cleantech, and circular economy sectors. Additionally, initiatives such as the Grand Challenges Program will encourage start-ups to deliver innovative solutions aligned with ESG goals and Sustainable Development Goals (SDGs), reinforcing Karnataka’s position as a frontrunner in India’s innovation journey.

Published on November 6, 2025

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