DPIIT has signed a memorandum of understanding (MoU) with early-stage VC firm Rukam Capital and non-profit Bootstrap Incubation & Advisory Foundation.
Under the partnership, the organisations will develop dedicated programmes to fuel the growth of product startups
The startups will be provided with resources such as infrastructure, mentoring, funding opportunities and more
The department for promotion of industry and internal trade (DPIIT) has signed a memorandum of understanding (MoU) with early-stage VC firm Rukam Capital and non-profit Bootstrap Incubation & Advisory Foundation.
Under the partnership, the organisations will develop dedicated programmes to fuel the growth of product startups, innovators and entrepreneurs across the country.
The startups will be provided with resources such as infrastructure, mentoring, funding opportunities and more, the DPIIT said in a statement.
Additionally, this collaboration will assist startups with prototype development and international expansion.
“Together, we aim to provide entrepreneurs with the tools, mentorship, and opportunities they need to innovate and scale their ideas, contributing to the country’s economic growth and global competitiveness,” Rukam Capital founder and managing director Archana Jahagirdar said.
(The story will be updated soon.)
