Indore Startup Push: IITI DRISHTI, IFCI Venture Sign MoU For Funding And Market Access
Indore (Madhya Pradesh): IITI DRISHTI CPS Foundation, IIT Indore, and IFCI Venture Capital Funds Limited (IFCI Venture) have signed a Memorandum of Understanding (MoU) to strengthen the startup ecosystem by facilitating funding opportunities, investment linkages, technology commercialisation and market access for eligible startups and technology-driven ventures. The collaboration combines…
The Indore Startup Push: IITI DRISHTI, IFCI Venture Sign MoU For Funding And Market Access report details a Memorandum of Understanding (MoU) signed between IITI DRISHTI CPS Foundation, IIT Indore, and IFCI Venture Capital Funds Limited (IFCI Venture). The collaboration aims to strengthen the startup ecosystem in Indore by providing funding opportunities, investment linkages, technology commercialisation, and market access for eligible startups and technology-driven ventures.
The MoU focuses on identifying promising startups, improving investment readiness, and connecting innovations with suitable funding and commercialisation opportunities, with a particular emphasis on Government of India-backed funding initiatives such as the Venture Capital Fund for Scheduled Castes (VCF-SC), Venture Capital Fund for Backward Classes (VCF-BC), SAGE Venture Fund, and Ambedkar Social Innovation and Incubation Mission (ASIIM).
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