New Delhi, January 3: The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with the Startup Policy Forum (SPF) to support India's leading new-age companies. Sanjiv, Joint Secretary of DPIIT, announced that the SPF Baithak, a gathering of founders and policymakers, will be held on January 15-16 at Bharat Mandapam during National Startup Week. This event will unveil new collaborations between DPIIT and SPF members.
SPF will work with DPIIT to organize programs that allow global investors to engage with Indian startups and see their innovations. Sanjiv emphasized that this partnership highlights DPIIT's dedication to fostering a supportive environment for startups, contributing to India's goal of becoming a global innovation hub by 2047.
Sumeet Kumar Jarangal, Director of Startup India, stated that the collaboration aims to enhance innovation, technology adoption, and manufacturing in India. The alliance seeks to promote the Indian startup ecosystem globally and build relationships with international stakeholders.
Shweta Rajpal Kohli, President and CEO of SPF, noted that the alliance reflects the shared goals of DPIIT and SPF to create a strong startup ecosystem. By encouraging collaborations, they aim to secure India's place on the global innovation map and empower entrepreneurs.
SPF is an industry alliance representing successful startups like Razorpay, CRED, Groww, Zerodha, Pine Labs, OYO, Acko, Swiggy, Dream11, and others.
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.
SPF Baithak is a meeting or event organized by the Startup Policy Forum to discuss and announce new plans for helping startups.
National Startup Week is a special week in India dedicated to celebrating and supporting new businesses and entrepreneurs.
Razorpay, CRED, and Swiggy are successful Indian startups. Razorpay helps with online payments, CRED is an app for managing credit cards, and Swiggy is a food delivery service.
A global innovation hub is a place known worldwide for creating new ideas and technologies. The goal is for India to become such a place by 2047.
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