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It is quite challenging for startups in their infant age to find customers and generate revenue. The great, potential, and useful source to obtain revenue and credibility is public procurement. Public Procurement Support for Startups and the procurement process under Startup India Registration is going to be explained in this article.
In simple words, public procurement is the process in which government agencies purchase goods and services from private entities or from individuals. Procurement entity shall mean government departments, local bodies in the state, universities, public sector undertakings of the government, cooperative institutions in the state, and societies formed by the government.
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