- Department for Promotion of Industry and Internal Trade (DPIIT) and Flipkart signed a MoU.
- DPIIT signed the MoU to invest in and mentor Indian startups.
- The partnership between DPIIT and Flipkart is aimed at encouraging the growth of entrepreneurs and innovators.
- The partnership further builds on existing efforts as part of the Flipkart Leap and Ventures initiative with its USD 100 mn fund.
- Flipkart has invested in 20 companies. It continues to identify startups with high growth potential.
- Startups will have access to government-published industry reports, research papers, datasets, and other studies for market research thanks to the partnership.
Department for Promotion of Industry and Internal Trade (DPIIT) and Flipkart signed a MoU
ByCurrent Hunt Team
Dec 14, 2024