Government signs strategic MoUs with key industry leaders and ecosystems to strengthen support to StartUps

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed five strategic MoUs with industry leaders – Cashfree Payments, Darwin Dynamics LLP, Vultr India Pvt Ltd, Cars24 Services Private Limited and the Council for Startup India – to bolster support for DPIIT‑recognised startups. The agreements aim to enhance digital payment infrastructure, expand inclusive entrepreneurship in Tier II/III and rural areas, provide cloud‑computing credits and technical assistance, foster AI‑driven mobility innovation, and improve access to investment, mentorship and global markets. Collectively, these MoUs seek to strengthen the startup ecosystem, reduce technology adoption barriers, and advance India’s innovation‑led growth agenda.