Gem Registration is the process of registering on the Government e-Marketplace (GeM), an online platform created by the Government of India to facilitate the procurement of goods and services by various government departments and organizations.
Registering on GeM provides businesses with access to a vast market of government buyers, ensuring transparency and efficiency in procurement. It also offers benefits such as timely payments, ease of doing business, and opportunities for startups to participate in government tenders.
Benefits of GeM for Startups
GeM offers several benefits for startups, including:
Access to a large market of government buyers.Opportunities to participate in government tenders without prior experience or turnover requirements.Timely payments and reduced administrative costs.Enhanced visibility and credibility in the market.