In a landmark move to empower India’s startup ecosystem, Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, signed a Memorandum of Understanding (MoU) with the CarDekho Group. The collaboration aims to accelerate the growth of DPIIT-recognised startups by providing mentorship, market access, technology support, and funding opportunities across mobility, fintech, insurtech, and emerging technology sectors.
The MoU was signed by Dr. Sumeet Jarangal, Director, DPIIT, and Mr. Amit Jain, Co-founder & CEO, CarDekho Group, in the presence of senior officials from both organisations.
Under this partnership, DPIIT and CarDekho will:
- Provide startups with strategic mentorship, co-investment opportunities, and domain-specific guidance.
- Enable startups to access CarDekho’s platforms—CarDekho, InsuranceDekho, rupyy, BikeDekho, ZigWheels, PowerDrift, Revv, CollegeDekho, Crack-ED and others—enhancing customer reach and collaboration.
- Launch innovation challenges under the Bharat Startup Grand Challenge in areas such as electric mobility, auto-tech, finance, and sustainability.
- Undertake skill development initiatives to build entrepreneurial and technical capabilities among startup founders and teams.
Speaking on the occasion, Shri Sanjiv, Joint Secretary, DPIIT, said:
“Connecting the expertise of leading corporates with the innovation potential of Indian startups will unlock powerful solutions for mobility, finance, and sustainability. This partnership with CarDekho will create opportunities for collaboration, capacity building, and market access across the country.”
Mr. Amit Jain, Co-founder & CEO, CarDekho Group, said:
“CarDekho is committed to co-creating with India’s most promising startups and driving innovation that impacts millions. Partnering with DPIIT and integrating with the Startup India platform will enable us to mentor, fund, and provide market access to emerging entrepreneurs in mobility, fintech, and beyond.”
The partnership is expected to catalyse India’s position as a global hub for innovative, sustainable, and inclusive entrepreneurship.
Source: PIB
