DPIIT inks pacts with five firms to support startups
Under the Memorandum of Understanding (MoU) with Cashfree Payments India, eligible startups will receive access to secure and scalable payment and payout solutions, identity verification and risk management services, along with preferential onboarding support and commercial benefits.
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed five Memorandums of Understanding (MoUs) with various firms to bolster support for startups. These partnerships include Cashfree Payments, Darwin Dynamics, Vultr India, Cars24, and the Council for Startup India (CSI). Each MoU offers unique benefits, ranging from secure payment solutions and capacity-building programs to cloud computing access and mentorship.
The collaborations aim to enhance startups' access to critical resources, foster innovation in strategic sectors, and promote global market opportunities for DPIIT-recognized startups.
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