The Department for Promotion of Industry and Internal Trade (DPIIT), Government of India, and Kyndryl Solutions Pvt Ltd, have signed a Memorandum of Understanding (MoU) to accelerate innovation and scale India’s startup ecosystem. The partnership will focus on supporting startups in the manufacturing and IT sectors by leveraging Kyndryl’s expertise in digital transformation and Generative AI solutions.
Under this partnership, startups will be empowered through mentorship, infrastructure support, and market access, enabling them to integrate their solutions into enterprise ecosystems across industries such as automotive, pharmaceuticals, BFSI, oil & gas, and government services. Kyndryl will institutionalize dedicated programs to support digital product startups, AI-driven innovators, and entrepreneurs.
Kyndryl will facilitate startup growth by integrating their innovations into enterprise solutions and connecting them with large-scale business customers. Startups will receive mentorship on product development, market readiness, cybersecurity resilience, and enterprise deployment. Kyndryl will conduct advisory sessions and industry workshops to enhance customer experience and operational efficiency. In collaboration with Startup India and DPIIT, Kyndryl will provide knowledge sharing, policy insights, and access to government incentives. Startups will also receive guidance on scaling their solutions internationally and exploring new markets.
Further the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with YES BANK. This collaboration aims to foster innovation and provide crucial support to product startups, innovators, and entrepreneurs across the country.
The partnership will leverage DPIIT’s Startup India initiative and YES BANK’s financial expertise to facilitate market linkages, funding access, mentorship, and infrastructure support for early-stage ventures. Startups will benefit from YES BANK’s HeadStartup program, which offers tailored banking and financial solutions, including working capital, credit access, and cash flow management. Additionally, they will gain access to YES BANK’s extensive network, strategic partnerships, and industry expertise, enabling them to scale operations and attract investments effectively.
