India, April 1 -- When the government rolled out its e-marketplace for mandatory online procurement of goods and services in 2016, the digital waves had just started making ripples on the Indian shores. Few could predict the ripples to turn into major waves and the Government e Marketplace (GeM) to become a powerhouse.

From saving more than INR 1.5 Lakh Cr in the public exchequer to cutting through the red tape, dismantling intermediaries, and increasing transparency, GeM has emerged as a crucial cornerstone for India's digitally enabled good governance policy.

Startups have already secured over INR 37K Cr in business through the GeM portal, and the marketplace is now aiming to onboard more than 1 Lakh DPIIT-registered startups.

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