16th January, the founding day of Startup India is commemmorated as the National Startup Day. The event is being celebrated since 2022. About Startup India Launched on 16th January, 2016, the Startup India Initiative is an initiative of the Department for Industrial Policy and Promotion (DPIIT). It strives with the objective of supporting entrepreneurs, building a robust startup ecosystem and transforming India into a country of job creators instead of job seekers. Under the Startup India Initiative, the key pillars include Simplification and Handholding - Easier compliance, easier exit process for failed startups, legal support, fast tracking of patent applications and a website to reduce information asymmetry. Funding & Incentives - Exemptions on Income Tax and Capital Gains Tax for eligible startups; a fund of funds to infuse more capital into the startup ecosystem and a credit guarantee scheme. Incubation & Industry-Academia Partnerships - Creation of numerous incubators and innovation labs, events, competitions and grants. For more details, visit https://www.startupindia.gov.in/ National Startup Day 2026 National Startup Day Festival 2026 Summit and Awards The 5th edition of the India National Startup Day Summit and Awards 2026 will be held during January 2026 in Bangalore, India. It aims to celebrate and empower startups that drive innovation, sustainability, and social impact, contributing to India's growth journey toward becoming a “Viksit Bharat”. The National Startup Day Festival 2025 is a convergence of innovators, venture capitalists, entrepreneurs, and startup enthusiasts. This festival aims to inspire, connect, and launch the next big ideas into the business stratosphere. To know more details, click here. Source : StartUp India portal