The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Startup Policy Forum (SPF), a prominent industry organization representing India's leading new-age companies. This collaboration was announced by the Ministry of Commerce and Industry.
As part of National Startup Week celebrations, the SPF Baithak, a meeting of founders and policymakers, will take place at Bharat Mandapam from January 15-16. This event will serve as a platform to announce new collaborations between DPIIT and SPF members.
SPF will work with DPIIT to organize immersive programs, allowing global investors to engage with Indian startups and witness groundbreaking innovations. Sanjiv, Joint Secretary of DPIIT, emphasized the commitment to fostering a supportive environment for startups to thrive and contribute to India's goal of becoming a global innovation hub by 2047.
Dr. Sumeet Kumar Jarangal, Director of Startup India, highlighted the collaboration's aim to amplify innovation, drive technology adoption, and boost manufacturing capabilities in India. The partnership seeks to promote the Indian startup ecosystem globally and build relationships with international stakeholders.
Shweta Rajpal Kohli, President & CEO of SPF, stated that the alliance reflects the shared aspirations of DPIIT and SPF to build a resilient startup ecosystem. By facilitating collaborations, they aim to ensure India's position on the global innovation map and empower entrepreneurs.
SPF includes many of India's successful startups such as Razorpay, CRED, Groww, Zerodha, Pine Labs, OYO, Acko, Swiggy, Dream11, Mobile Premier League (MPL), Livspace, Cars24, Cardekho, and Mobikwik.
DPIIT stands for the Department for Promotion of Industry and Internal Trade. It is a part of the Indian government that helps businesses grow and trade better.
The Startup Policy Forum is a group that helps create rules and policies to support new businesses, called startups, in India.
National Startup Week is a special event in India where people celebrate and support new businesses, called startups, to help them grow and succeed.
SPF Baithak is a meeting or gathering organized by the Startup Policy Forum to discuss and plan ways to help startups in India.
New Delhi is the capital city of India, where many important government buildings and events are located.
Global investors are people or companies from around the world who put money into businesses to help them grow and make more money.
An innovation hub is a place where new ideas and technologies are created and developed, helping businesses and the economy grow.
Razorpay is an Indian company that helps businesses accept payments online easily and securely.
Swiggy is a popular Indian company that delivers food from restaurants to people's homes quickly and conveniently.
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