India, Aug. 12 -- The government has recognised over 1.8 lakh companies as startups as of June 30, 2025, Parliament was informed on Tuesday.
These recognised startups qualify for various fiscal incentives, including income tax benefits announced under the Startup India Action Plan.
"Since the launch of the Startup India initiative, the number of entities recognised as startups by the Department for Promotion of Industry and Internal Trade (DPIIT) has grown from around 500 in 2016 to 1,80,683 as of June 30, 2025," Minister of State for Commerce and Industry Jitin Prasada said in a written reply to the Lok Sabha.
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