Department for Promotion of Industry and Internal Trade (DPIIT) and Flipkart signed a MoU
Current Hunt Team
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.