DPIIT Signs Five MoUs with Industry Leaders to Strengthen Startup Ecosystem

12 August 2026National

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, signed five strategic Memoranda of Understanding (MoUs) with industry leaders: Cashfree Payments, Darwin Dynamics, Vultr India, Cars24 and the Council for Startup India (CSI). The partnerships aim to improve startups' access to digital infrastructure, technology, mentorship, investment opportunities and global markets. DPIIT partnered with Cashfree (digital payments), Vultr India (cloud infrastructure) and Cars24 (AI-led mobility innovation, skilling), while MoUs with Darwin Dynamics and the Computer Society of India target entrepreneurship in Tier II, Tier III and rural regions.

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DPIIT functions under the Ministry of Commerce and Industry | Startup India launched: 16 January 2016 | National Startup Day: 16 January | DPIIT was earlier known as DIPP

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DPIIT signed five MoUs with Cashfree Payments, Vultr India, Cars24, Darwin Dynamics and the Council for Startup India to strengthen the startup ecosystem.

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