Government launches BHIM 2.0 along with StartUp Hub portal at MeitY Start-up Summit

Bhim 2.0 packed with new functionalities, additional language support and has increased transaction limits. The government also launched the Indian Software Product Registry at the summit.

On Monday, the Indian Information Technology Ministry disclosed a bunch of new initiatives and programs that include BHIM 2.0 that packs in new features, has increased transaction limits, and even supports additional languages.

According to reports, Union IT Minister Ravi Shankar Prasad further launched a StartUp Hub portal and Indian Software Product Registry at MeitY Start-up Summit by the IT Ministry.

The registry will act as a single-window portal and an organized Indian software product database. The portal will function as a social media platform for all the stakeholders of the ecosystem, including incubators, accelerators, angel funds, mentors, and venture capitalists- making it the LinkedIn of stakeholders.

The BHIM app, launched in December 2016, is a UPI-based payment interface developed by the National Payments Corporation of India (NCPI) that allows a real-time transfer. 


Introducing a ‘Donation’ gateway

According to an official release,

“Some of the striking features marking BHIM 2.0 include a ‘Donation’ gateway, increased transaction limits for high-value transactions, linking multiple bank accounts, offers from merchants, the option of applying in IPO, gifting money.”

BHIM 2.0 also supports three additional languages, apart from the existing 13- Konkani, Bhojpuri, and Haryanvi. 

The MSH (MeitY StartUp Hub) has been envisaged as an overachieving collaborative platform that has helped build national coordination and facilitation as an interconnected center for all the activities of the tech startup ecosystem. It will be supporting startups in connecting with mentors and facilitate their scaling from the ideation stage to launching them in the marketplace. 

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A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.

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Saumya Uniyal
Saumya Uniyal
A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.

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