Goa registers 651 startups, up from just 12 in 2017

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Panaji: Goa has recorded a sharp rise in the number of startups, growing from just 12 in 2017 to 651 in 2025, Information Technology Minister Rohan Khaunte said.

In a statement issued here on Thursday, Goa’s Information Technology Minister Rohan Khaunte said that of these 651 startups, 310 are led by women entrepreneurs, signalling increasing inclusivity in the startup ecosystem.

Khaunte has said that the startups momentum has picked up significantly in recent years, with 118 startups registered in 2023, 143 in 2024, and 105 recognised in just the first half of 2025.

“These figures include startups recognised by the Department for Promotion of Industry and Internal Trade (DPIIT) as well as those supported by the Startup and IT Promotion Cell under the Department of Information Technology, Electronics and Communications,” he said.

Goa’s startup landscape spans a range of sectors including health-tech, EV mobility, legal-tech, tourism, clean energy, and smart infrastructure.
He said that the state is also home to India’s first commercial 3D printing facility, underscoring its capacity for deep-tech innovation.
Khaunte said that sector-wise, IT startups lead the pack, comprising 76 ventures or 23.46 per cent of the total.

“This is followed by travel and tourism (45 startups, 13.89 per cent ) and healthcare and life sciences (43 startups, 13.27 per cent),” the minister said.
Khaunte said that the growth has been bolstered by proactive state policy.
“Under the Goa Startup and IT Policy, the government offers financial support through seed grants, Research and Development incentives, lease reimbursements, and operational subsidies,” he said.

The iInfrastructure support given to the start ups includes six incubators, two venture studios, more than 15 co-working spaces, 18 Atal Tinkering Labs, and a fully equipped Maker’s Space.

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