SWAYATT Completes 6 Years of Digital Procurement Success

The Government e-Marketplace (GeM) celebrated six years of the Startups, Women & Youth Advantage through eTransactions (SWAYATT) initiative at its headquarters in New Delhi on February 19, 2025. Since its launch on February 19, 2019, SWAYATT has aimed to increase the participation of women-led enterprises, startups, youth, and marginalized groups in public procurement. Rooted in GeM’s commitment to social inclusion, the initiative fosters ease of doing business, facilitates direct market linkages, and empowers small-scale entrepreneurs.

Key Highlights of SWAYATT’s 6-Year Journey

Empowering Entrepreneurs

  • SWAYATT focuses on onboarding, training, and supporting last-mile sellers, especially women entrepreneurs, micro & small enterprises (MSEs), and self-help groups (SHGs).

Memorandum of Understanding (MoU) with FICCI-FLO

  • On the 6th anniversary, GeM signed an MoU with FICCI Ladies Organisation (FICCI-FLO), representing over 9,500 women entrepreneurs, to facilitate direct market access and boost local job creation.

Startup Growth

  • From just 3,400 startups at launch, the platform now supports over 29,000 startups, who have received orders worth ₹35,950 Crore.

Women’s Participation in Public Procurement

  • Women entrepreneurs now constitute 8% of GeM’s seller base, with 1,77,786 Udyam-verified women MSEs contributing to a cumulative order value of ₹46,615 Crore.

Dedicated Platforms

  • SWAYATT includes specialized storefronts such as “Startup Runway” and “Womaniya”, enhancing visibility and business opportunities for startups and women-led enterprises.

Vision for Expansion

  • GeM aims to onboard 1 Lakh DPIIT-registered startups, double the number of women entrepreneurs, and increase their share in national procurement beyond 3.78%.
Summary/Static Details
Why in the news? SWAYATT Completes 6 Years of Digital Procurement Success
Launch Date February 19, 2019
Objective Increase participation of startups, women-led businesses, and youth in public procurement
GeM’s Social Inclusion Pillar Facilitates ease of business and market linkages for MSEs, SHGs, and entrepreneurs
MoU with FICCI-FLO Provides direct access for 9,500+ women entrepreneurs to government buyers
Startup Growth Orders worth ₹35,950 Crore fulfilled by 29,000 startups
Women-led MSEs on GeM 1,77,786 Udyam-verified women MSEs, contributing ₹46,615 Crore in orders
Dedicated Storefronts “Startup Runway” & “Womaniya” for enhanced business visibility
Future Goals Onboard 1 Lakh DPIIT startups, double women entrepreneurs, increase procurement share from 3.78%

SWAYATT continues to be a game-changer in public procuremen

Shivam

As a Content Executive Writer at Adda247, I am dedicated to helping students stay ahead in their competitive exam preparation by providing clear, engaging, and insightful coverage of both major and minor current affairs. With a keen focus on trends and developments that can be crucial for exams, researches and presents daily news in a way that equips aspirants with the knowledge and confidence they need to excel. Through well-crafted content, Its my duty to ensures that learners remain informed, prepared, and ready to tackle any current affairs-related questions in their exams.

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