**Executive Summary**
As of October 31st, 2025, the Department for Promotion of Industry and Internal Trade (DPIIT) has recognized 1,97,692 entities as startups under the Startup India initiative. These recognitions are based on eligibility conditions prescribed in G.S.R. Notification 127(E) dated February 19, 2019. 6,385 recognized startups are categorized as closed as of the same date. The Government implements three flagship Schemes - Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS), and Credit Guarantee Scheme for Startups (CGSS) to provide funding.
**Key Points / Main Content**
* **Startup India Recognition:**
* DPIIT has recognized 1,97,692 startups under the Startup India initiative as of October 31st, 2025.
* Recognitions are granted based on G.S.R. Notification 127(E) dated February 19, 2019.
* **Startup Closures:**
* As of October 31st, 2025, 6,385 recognized startups are categorized as closed.
* State/UT-wise number of closed entities is detailed in Annexure-I.
* **Government Initiatives:**
* The Government implements three flagship schemes:
* Fund of Funds for Startups (FFS)
* Startup India Seed Fund Scheme (SISFS)
* Credit Guarantee Scheme for Startups (CGSS)
* **Fund of Funds for Startups (FFS):**
* Has a corpus of Rs. 10,000 crore.
* Operationalized by SIDBI, which provides capital to SEBI-registered AIFs.
* The amount committed and disbursed to AIFs in calendar years 2023, 2024, and 2025 (as on 31st October 2025) is detailed in Annexure-II.
* **Startup India Seed Fund Scheme (SISFS):**
* Provides financial assistance to seed-stage startups through incubators.
* Implemented from 1st April 2021 with a corpus of Rs. 945 crore.
* The amount approved and disbursed to incubators in calendar years 2023, 2024, and 2025 (as on 31st October 2025) is detailed in Annexure-III.
* **Credit Guarantee Scheme for Startups (CGSS):**
* Enables collateral-free loans to startups through eligible financial institutions.
* Operationalized by NCGTC Limited from 1st April 2023.
* The amount of loans guaranteed to startup borrowers in calendar years 2023, 2024, and 2025 (as on 31st October 2025) is detailed in Annexure-IV.
**Impact Analysis**
**Startups**
* **Impact:** Receive recognition and are categorized based on their status (active/closed). They are potential beneficiaries of the FFS, SISFS, and CGSS schemes.
* **Action Required:** Understand eligibility criteria for Startup India recognition and for accessing benefits under the FFS, SISFS, and CGSS schemes.
**Venture Capital Funds (AIFs)**
* **Impact:** AIFs registered with SEBI can receive capital from SIDBI under the FFS scheme to invest in startups.
* **Action Required:** Explore opportunities for funding from SIDBI under the FFS scheme.
**Incubators**
* **Impact:** Can receive financial assistance under the SISFS scheme to support seed-stage startups.
* **Action Required:** Understand eligibility criteria and apply for funding under the SISFS scheme.
**Financial Institutions**
* **Impact:** Eligible financial institutions can provide collateral-free loans to startups enabled by the CGSS scheme.
* **Action Required:** Participate in the CGSS scheme to offer collateral-free loans to eligible startups.
Key Entities Referenced
Department for Promotion of Industry and Internal Trade (DPIIT): The primary government entity responsible for the Startup India initiative and the recognition of startups.
Startup India Initiative: A Government of India initiative to build a strong ecosystem for nurturing innovation and startups in the country.
Fund of Funds for Startups (FFS): A flagship scheme under the Startup India initiative to catalyze venture capital investments in startups.
Startup India Seed Fund Scheme (SISFS): A flagship scheme under the Startup India initiative that provides financial assistance to seed stage startups through incubators.
Credit Guarantee Scheme for Startups (CGSS): A flagship scheme under the Startup India initiative that enables collateral-free loans to startups through eligible financial institutions.
Ministry of Commerce & Industry
The Department for Promotion of Industry and
Internal Trade Recognises 1,97,692 Startups
Under Startup India Initiative
Government Strengthens Startup Growth Through DPIIT
Recognition Framework
प्रव तथ: 02 DEC 2025 5:09PM by PIB Delhi
The Department for Promotion of Industry and Internal Trade (DPIIT) has recognised 1,97,692 entities as
startups under the Startup India initiative as of 31st October 2025. These recognitions have been granted
in accordance with the eligibility conditions prescribed under G.S.R. Notification 127(E) dated 19
February 2019, which outlines the criteria for entities to be classified as startups.
As on 31st October 2025, 6,385 recognised startups are categorized as closed (i.e., dissolved/struck-off), as
per the Ministry of Corporate Affairs (MCA) [basis data shared on 11th November 2025]. The State/Union
Territory (UT)-wise number of entities which are categorized as closed (i.e., dissolved/struck-off) are
placed as Annexure-I.
The Government has not observed any increase in startup closures. Closures that do occur are generally
influenced by factors such as the viability of the business model, alignment with market demands,
domestic and global economic conditions, the nature of products and services developed, the ability to
attract funding, and other business specific considerations.
Startup India is an initiative of the Government of India. Under Startup India initiative, the Government is
implementing three flagship Schemes, Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme
(SISFS), and Credit Guarantee Scheme for Startups (CGSS) to provide funding opportunities and support
startups across sectors at various stages of their business cycle.
FFS has been established with a corpus of Rs. 10,000 crore to catalyze venture capital investments and is
operationalized by Small Industries Development Bank of India (SIDBI), which provides capital to
Securities and Exchange Board of India (SEBI)-registered Alternative Investment Funds (AIFs) which in
turn invest in startups. The amount committed and disbursed to AIFs in calendar years 2023, 2024, and
2025 as on 31st October 2025 are placed as Annexure-II.
SISFS provides financial assistance to seed stage startups through incubators. SISFS is implemented from
1st April 2021 with a corpus of Rs. 945 crore. The amount approved and disbursed to incubators in
calendar years 2023, 2024, and 2025 as on 31st October 2025 are placed as Annexure-III.
CGSS is implemented for enabling collateral free loans to startups through eligible financial institutions.
CGSS is operationalized by the National Credit Guarantee Trustee Company (NCGTC) Limited and has
been operationalized from 1st April 2023. The amount of loans guaranteed to startup borrowers in
calendar years 2023, 2024, and 2025 as on 31st October 2025 are placed as Annexure-IV.This information was given by the Minister of State for Ministry of Commerce & Industry, Shri Jitin
Prasada, in a written reply in the Lok Sabha today.
***
Abhishek Dayal/Shabbir Azad/Anushka Pandey
ANNEXURE-I
The State/UT-wise number of entities which have been recognised as startups by DPIIT categorized as
closed (i.e., dissolved/struck-off) as per the Ministry of Corporate Affairs (MCA) data as of 11th
November 2025 are as under:
State/UT Number of entities recognised as startups
categorized as closed (i.e., dissolved/struck-off)
Andaman and Nicobar Islands 3
Andhra Pradesh 121
Arunachal Pradesh 1
Assam 59
Bihar 96
Chandigarh 27
Chhattisgarh 64
Delhi 737
Goa 29
Gujarat 348
Haryana 306
Himachal Pradesh 14
Jammu and Kashmir 41
Jharkhand 64
Karnataka 845Kerala 241
Madhya Pradesh 180
Maharashtra 1,200
Manipur 10
Meghalaya 4
Mizoram 3
Nagaland 4
Odisha 117
Puducherry 7
Punjab 50
Rajasthan 211
Sikkim 1
Tamil Nadu 338
Telangana 368
Tripura 9
Uttar Pradesh 598
Uttarakhand 58
West Bengal 231
Total 6,385
ANNEXURE-II
The amount committed and disbursed/drawdown by AIFs in calendar years 2023, 2024, and 2025 under
FFS as on 31st October 2025 is provided below:
(in Rs. crore)State/UT 2023 2024 2025 (
Amount Amount Amount Amount Amoun
Committed Disbursed/Drawdown Disbursed/Drawdown Committ
Committed
to AIFs by AIFs by AIFs to AIF
to AIFs
Assam - 2.42 - 1.63 -
Delhi 250.00 55.85 78.00 67.76 20.00
Gujarat 50.00 28.75 - 13.31 -
Haryana - 21.33 20.00 1.36 45.00
Karnataka 495.00 201.49 551.00 227.67 245.00
Maharashtra 1,438.75 730.52 515.00 691.07 370.00
Rajasthan - - 20.00 - -
Tamil Nadu 50.00 56.45 135.00 53.32 70.00
Telangana - 56.24 - 18.82 100.00
Total 2,283.75 1,153.05 1,319.00 1,074.93 850.00
ANNEXURE-III
The amount approved and disbursed to incubators in calendar years 2023, 2024, and 2025 under SISFS as
on 31st October 2025 is provided below:
(in Rs. crore)
State/UT 2023 2024 2025 (as on 31st October
2025)
Amount Amount Amount Amount Amount Amount
approved disbursed approved disbursed to approved disbursed
to to to incubators to to
incubators incubators incubators incubators incubators
Andhra 19.95 9.22 5.25 3.68 0 2.8
Pradesh
Assam 5.25 0 5.25 2.1 0 2.1Bihar 8.4 3.02 0 1.22 0 2.35
Chhattisgarh 2.1 1.14 0 0 0 0.6
Delhi 30.45 10.4 4.2 6.54 2.1 4.38
Goa 0 1.82 3.15 2.25 0 2.66
Gujarat 5.25 3.98 5.25 5.82 2.63 9.44
Haryana 7.35 4.17 6.3 2.16 0 4.13
Himachal 5.25 1.26 0 3.6 0 0
Pradesh
Jammu & 5.25 2.1 0 0 0 0
Kashmir
Jharkhand 4.2 1.68 0 0 0 0
Karnataka 30.45 24.19 16.8 8.4 0 7.4
Kerala 0 0.3 0 1.5 0 3.54
Madhya 8.4 5.51 5.25 5.23 0 0.63
Pradesh
Maharashtra 16.8 15.81 5.25 13.25 15.23 18.37
Mizoram 4.2 0.42 0 1.57 0 0
Nagaland 7.35 2.94 0 0.63 0 0
Odisha 16.28 5.41 0 7.24 0 0.07
Puducherry 0 0.91 0 2.51 0 1.58
Punjab 25.2 9.98 0 5.78 5.25 4.57
Rajasthan 12.6 10 5.25 5.58 1.58 5.66
Sikkim 0 0.91 0 0 0 0
Tamil Nadu 42 23.99 5.25 6.67 4.98 7.6Telangana 15.75 12.49 13.65 7.14 0 8.17
Uttar Pradesh 10.5 8.86 18.9 10.75 5.25 5.25
Uttarakhand 0 1.58 0 1.58 3.15 0.92
West Bengal 0 1.58 0 0 2.1 2.34
Total 282.9 163.6 99.7 105.2 42.3 94.6
ANNEXURE-IV
The amount of loans guaranteed to startup borrowers in calendar years 2023, 2024, and 2025 under CGSS
as on 31st October 2025 is provided below:
(in Rs. crore)
State/UT Amount of loans guaranteed
2023 2024 2025 (as on 31st October
2025)
Andhra Pradesh 5.30 9.70 2.00
Assam 0.00 2.52 11.45
Bihar 0.00 0.28 0.00
Chandigarh 0.00 0.15 0.00
Delhi 25.65 25.96 2.50
Gujarat 6.50 3.00 30.27
Haryana 25.25 58.17 14.87
Jammu & Kashmir 10.00 4.35 5.00
Karnataka 30.16 37.18 24.88
Kerala 4.50 24.50 3.00
Madhya Pradesh 8.80 1.00 1.00
Maharashtra 59.75 64.99 34.83Odisha 0.00 0.00 4.50
Rajasthan 11.80 20.50 0.00
Tamil Nadu 8.65 62.00 10.22
Telangana 0.30 5.17 0.00
Uttar Pradesh 18.12 20.86 6.88
Uttarakhand 0.00 10.00 0.00
West Bengal 6 30.75 2
Total 220.78 381.08 153.4
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