In recent times, Rajasthan has emerged as an industrial and economic hub, driven by the growth of startups in the region. While Jaipur remains the preferred base for most startups in the state, other Tier II cities of Rajasthan, including Jodhpur and Kota, are now building their own a highly inter-connected robust startup ecosystems.
This growth has been concurrent with the slew of reforms being introduced by the state government, including ease of doing business for startups.
Rajasthan currently ranks #6 in India on World Bank’s ‘Ease of Doing Business’ index, according to the Department of Industrial Policy and Promotion’s (DIPP) report on “Assessment of State Implementation of Business Reforms”.
Recently, in the fourth week of February, Rajasthan state officials released the final guidelines to utilise a $77.3 Mn (INR 500 Cr) startup promotion fund that was launched by the state’s CM, Vasundhara Raje, during the Kota Digifest in August 2017.
As stipulated, the fund corpus will include components for women-led and green solutions startups and has earmarked $15.4 Mn (INR 100 Cr) and $7.73 Mn (INR 50 Cr) for each respectively.
In a bid to further facilitate entrepreneurship and job creation in the state, Inc42, under the aegis of Digital Rajasthan, has undertaken the arduous task of gathering insights into the state’s startup ecosystem and ongoing digital transformation, brought about by the government in recent times with a one of its kind five city tour – “Digital Rajasthan Yatra”.