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DPIIT signs MoU with HDFC Bank, Tally Solutions to assist startups
Economic Times
·
8m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into agreements with HDFC Bank and Tally Solutions to support the growth of startups. HDFC Bank will provide customized banking and financial products to startups, including working capital, credit access, and cash flow management. Tally Solutions will offer training and free one-year rental licenses of its software for participants to enhance their business management skills. These collaborations aim to address challenges such as funding and financial management, promoting innovation and success among startups.
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DPIIT inks pact with Yes Bank to support startups
Economic Times
·
5m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Yes Bank to support early-stage startups by providing funding access, mentorship, and infrastructure aid. This collaboration will enhance DPIIT's Startup India initiative using Yes Bank’s financial expertise. Startups will benefit from Yes Bank's tailored solutions and industry network. DPIIT also partnered with Kyndryl Solutions to support startups in manufacturing and IT sectors, focusing on digital transformation and AI-driven innovations.
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Govt inks pact with Paytm for mentorship, funding opportunities for startups
YourStory
·
6m ago
Medial
The government, in partnership with Paytm, has signed an MoU to support Indian startups by providing mentorship, infrastructure, market access, and funding. This collaboration aims to boost fintech and manufacturing startups, offering regulatory and compliance guidance through workshops. The initiative, led by DPIIT and Paytm, focuses on nurturing innovation, helping entrepreneurs scale their ventures, and developing financial technology solutions. Paytm's extensive network will aid startups in testing and refining their products.
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DPIIT, Paytm to boost growth of manufacturing, fintech startups
Inshorts
·
6m ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, has signed an MoU with Paytm to foster innovation and accelerate the growth of manufacturing and fintech startups in India. The fintech will provide mentorship, infrastructure support, market access, and funding opportunities to startups, helping them scale and innovate.
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Nanda Capital partners with DPIIT to boost tier 2 and 3 startups
Inshorts
·
5m ago
Medial
Nanda Capital Holding has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), in a strategic move to accelerate India's startup ecosystem. The collaboration aims to foster high-potential startups, particularly in Tier 2 and Tier 3 cities, by providing them with essential support for scaling and growth.
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India’s AI Future Gets a Boost: HDFC Bank Invests in CoRover
StartupTalky
·
11d ago
Medial
HDFC Bank has invested in CoRover, an AI company known for developing BharatGPT, a large language model tailored for India. CoRover provides AI solutions like chatbots and telephony AI, serving a billion users and 25,000 enterprises. This collaboration supports the IndiaAI Startups Global Accelerator Programme, with HDFC Bank acknowledging BharatGPT's multilingual capabilities. CoRover's recent innovations include BharatGPT Mini, which operates on low-end devices without internet, enhancing accessibility in resource-limited settings.
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DPIIT partners with Roche India, HDFC Capital Advisors to help startups in affordable housing, healthcare
IndianStartupNews
·
28d ago
Medial
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed agreements with HDFC Capital Advisors and Roche India to support startup innovations in affordable housing and healthcare. The partnership with HDFC focuses on affordable housing and PropTech, offering growth opportunities and mentorship. The collaboration with Roche aims to support startups in critical therapeutic areas, providing mentorship, pilot studies, and technology access. These initiatives align with India's goals of creating an inclusive, innovation-driven startup ecosystem.
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DPIIT recognises 1,61,150 entities as startups as of January: Government
Economic Times
·
5m ago
Medial
As of January 31, the Indian government has recognized 161,150 entities as startups, informed Commerce and Industry Minister Piyush Goyal to Parliament. Maharashtra leads with 28,511 recognized startups, followed by Karnataka with 16,954. These startups, recognized by the Department for Promotion of Industry and Internal Trade (DPIIT), qualify for tax incentives under the Startup India action plan. The initiative provides various forms of support to assist these startups in their growth and development.
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Tally Solutions Partners Kerala Startup Mission To Enhance Technology Adoption Among Startups
Inc42
·
10m ago
Medial
Tally Solutions has partnered with Kerala Startup Mission (KSUM) to provide business management solutions and learning sessions for startups. The collaboration also aims to promote technology adoption among emerging businesses and offer training to new-age tech companies in Kerala. KSUM is a nodal agency established in 2015 to support the startup ecosystem by providing infrastructure, funding, and other resources.
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Hitachi Air Conditioning India signs MoU with DPIIT to set up start-up incubator
Business Today
·
11m ago
Medial
- Johnson Controls-Hitachi Air Conditioning India has signed an MoU with DPIIT to establish an incubator for manufacturing-focused start-ups in Gujarat. - The incubator will be set up in Hitachi's premises in Kadi, Gujarat, and aims to foster innovation in the manufacturing sector. - It will provide a robust platform for start-ups focused on manufacturing sectors, technological advancements, sustainability, and energy efficiency. - The incubator will offer support in R&D, prototyping, testing, and mentoring to help start-ups develop prototypes and commercialize their products. - Hitachi will assist start-ups in managing funding needs, legal services, and IP filing to enable the commercialization of innovative products. - The manufacturing facility at Kadi, Gujarat, and the Global Development Center are dedicated to bringing innovative air conditioning solutions to Indian customers.
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Flipkart Ventures and DPIIT launch Flipkart Tourism Challenge
YourStory
·
4m ago
Medial
Flipkart Ventures, in collaboration with DPIIT, has launched the Flipkart Tourism Challenge, part of India’s Startup India initiative. The program seeks innovative travel-tech solutions to enhance traveler experiences, focusing on areas like AI-enabled pricing tools and tech-integrated experiences. Open to DPIIT-recognised startups and Indian companies, the challenge aims to foster technology-driven solutions. Winners receive mentorship, prize money, and potential integration with Flipkart’s ecosystem, supporting the growth of India’s digital economy and startup landscape.
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