New Govt Tieup to Boost Startup Talent and Create Job Opportunities for Youth
As the number of startups grows within the ecosystem, it will provide significant resources to support India’s entrepreneurship.
The Department for Promotion of Industry and Internal Trade (DPIIT) and Apna, India’s leading jobs and professional networking platform, have entered into an alliance for talent hunt to equip DPIIT registered startups with skilled manpower to create new job opportunities for the unemployed youth.
The partnership, formalized through a Memorandum of Understanding (MoU), brings a monetary value of Rs 2000 per entity registered on the Bharat Startup Registry (Bhaskar) platform in hiring credits on Apna’s platform for each of the 700,000 entities.
This will be currently valued at Rs 140 crore. As the startup ecosystem gradually grows, the initiative’s value will scale up, touching an estimated Rs 300 crore.
The collaboration seeks to provide DPIIT registered startups with credits worth Rs 2000 each on Apna’s platform. These credits will support better hiring by enabling job postings and unlocking access to tailored talent pools.
As the number of startups grows within the ecosystem, it will provide significant resources to support India’s entrepreneurship. The credits will enable startups to access Apna’s comprehensive hiring tools, promoting better job matching and efficiency. Enhanced access to talent will reduce time-to-market for new initiatives, supporting startups in scaling operations.
Moreover, Apna’s platform will create pathways for skilled workers to engage with India’s burgeoning entrepreneurial ecosystem. The credits will empower startups to use Apna’s job posting and AI-driven matching features, tailored to their hiring needs.
Towards integration, DPIIT’s Startup India program will collaborate with Apna to curate job postings and align talent pools with industry requirements.
Courtesy: DPIIT
