Bihar, a state in eastern India, has long been known for its rich cultural heritage and agricultural economy. However, in recent years, the state has also witnessed a growing startup ecosystem, with young entrepreneurs and innovators driving the rise of a new wave of startups.
One of the key factors contributing to the growth of startups in Bihar is the state government's efforts to promote entrepreneurship and innovation. The Bihar Startup Policy, launched in 2017, provides a range of incentives and support to startups, including funding, mentorship, and incubation facilities. The policy has helped to create a favorable environment for startups to thrive, attracting talent and investment from across the country.
Another important factor driving the rise of startups in Bihar is the emergence of new technologies and business models. With the rise of e-commerce and digital platforms, startups in Bihar are leveraging technology to create innovative products and services that cater to the needs of consumers. From healthcare and education to agriculture and logistics, startups in Bihar are leveraging technology to solve some of the state's most pressing challenges.
One example of a successful startup from Bihar is Unibyc.com, an e-commerce platform that offers a range of products and services to consumers across the state. Founded in 2015, Unibyc.com has quickly grown to become one of the leading e-commerce platforms in Bihar, with a strong customer base and a growing network of suppliers and vendors.
Another example is Myghty, a healthcare startup that offers online consultations with doctors and other healthcare professionals. Founded in 2017, Myghty has been successful in addressing the shortage of healthcare professionals in Bihar, providing access to quality healthcare services to patients in remote areas of the state.
Overall, the rise of startups in Bihar is a positive development for the state, contributing to economic growth and job creation. With the support of the state government and the emergence of new technologies and business models, startups in Bihar are well-positioned to continue to grow and innovate in the years to come.