MoUs with key industry leaders and ecosystem enablers,

The MOUs have been signed by the Ministry of Commerce and Industry’s Department for Promotion of Industry and Internal Trade (DPIIT).

The Ministry of Commerce and Industry informed that the MOU signed with Cashfree Payments aims to strengthen digital infrastructure support for startups. It added that the collaboration seeks to combine DPIIT’s institutional reach with Cashfree Payments’ expertise in digital payments to enable startups to scale efficiently and contribute to India’s innovation-led growth.

The MOU signed with Darwin Dynamics LLP aims to strengthen entrepreneurship development and startup ecosystem.

The Ministry further added that the MOU signed with Vultr India Private Limited focuses on strengthening the technology infrastructure available to DPIIT-recognised startups.

Furthermore, the DPIIT has partnered with Cars24 Services Private Limited to foster innovation, entrepreneurship and capacity building in India’s mobility and automotive technology ecosystem.

The Ministry said that the collaboration aims to strengthen the startup ecosystem by supporting AI-driven innovation, founder development, skilling, investment opportunities and road safety initiatives.

Meanwhile, the MOU signed with the Council for Startup India (CSI) aims to strengthen support for DPIIT-recognised startups by facilitating access to investment, strategic partnerships, mentorship, leadership development and global markets. (UPDATED ON 8TH AUGUST 2026