Overview
The DPIIT has entered into five strategic Memoranda of Understanding (MoUs) with leading private players – Cashfree Payments, Darwin Dynamics, Vultr India, Cars24 and the Council for Startup India (CSI). The agreements aim to strengthen digital payments, cloud infrastructure, AI‑driven mobility, entrepreneurship outreach and investment facilitation for startups recognised under the Startup India initiative.
Key Developments
- MoU with Cashfree Payments to improve digital payment infrastructure for startups.
- MoU with Darwin Dynamics to expand entrepreneurship outreach and support deep‑tech sectors such as clean energy, AI and climate tech.
- MoU with Vultr India to provide cloud credits, preferential pricing and technical hand‑holding for DPIIT‑recognised startups.
- MoU with Cars24 to promote AI‑driven mobility solutions.
- MoU with the Council for Startup India (CSI) to accelerate investment readiness, corporate partnerships and international scaling.
Important Facts
- Startups will receive secure payment gateways, payout solutions and KYC support from Cashfree Payments.
- Darwin Dynamic