DPIIT and YES BANK Join Forces to Empower Startups

21 Mar 2025 CW Team

This collaboration integrates DPIIT’s Startup India initiative with YES BANK’s financial expertise, ensuring that early-stage ventures receive comprehensive banking solutions, including working capital, credit access, and cash flow management through the bank’s HeadStartup programme. Startups will also gain entry into YES BANK’s extensive industry network and strategic partnerships, enhancing their ability to scale operations and attract investment.

Highlighting the significance of this initiative, DPIIT Joint Secretary, Shri Sanjiv, remarked, “India’s manufacturing and startup ecosystem is at a transformative juncture, and partnerships like this are key to fostering innovation-led growth. We are pleased to join hands with YES BANK to equip emerging startups with the right resources to succeed.”

The MoU was formalised by DPIIT Director, Dr Sumeet Jarangal, and YES BANK’s Zonal Head, Rohit Aneja, in the presence of senior officials from both organisations. This initiative represents a crucial step in building a resilient and self-sustaining startup ecosystem, offering Indian entrepreneurs the tools to thrive in an increasingly competitive global market.

Outlook on India’s Startup Ecosystem India’s startup ecosystem is witnessing unprecedented growth, driven by government initiatives, corporate collaborations, and increased investor confidence. With over 100 unicorns and a thriving innovation landscape, the country has emerged as a global hub for startups. Strategic partnerships, such as the one between DPIIT and YES BANK, play a vital role in bridging financial gaps, providing mentorship, and fostering sustainable growth. As India continues its journey towards becoming a leader in technology and entrepreneurship, such alliances will be instrumental in ensuring long-term success and global competitiveness.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

In a landmark move to fortify India’s startup landscape, the Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with YES BANK to provide essential support for product startups, innovators, and entrepreneurs nationwide. The Memorandum of Understanding (MoU), signed between the two entities, aims to facilitate funding access, mentorship, and market linkages to nurture the next wave of Indian innovation. This collaboration integrates DPIIT’s Startup India initiative with YES BANK’s financial expertise, ensuring that early-stage ventures receive comprehensive banking solutions, including working capital, credit access, and cash flow management through the bank’s HeadStartup programme. Startups will also gain entry into YES BANK’s extensive industry network and strategic partnerships, enhancing their ability to scale operations and attract investment. Highlighting the significance of this initiative, DPIIT Joint Secretary, Shri Sanjiv, remarked, “India’s manufacturing and startup ecosystem is at a transformative juncture, and partnerships like this are key to fostering innovation-led growth. We are pleased to join hands with YES BANK to equip emerging startups with the right resources to succeed.” The MoU was formalised by DPIIT Director, Dr Sumeet Jarangal, and YES BANK’s Zonal Head, Rohit Aneja, in the presence of senior officials from both organisations. This initiative represents a crucial step in building a resilient and self-sustaining startup ecosystem, offering Indian entrepreneurs the tools to thrive in an increasingly competitive global market. Outlook on India’s Startup Ecosystem India’s startup ecosystem is witnessing unprecedented growth, driven by government initiatives, corporate collaborations, and increased investor confidence. With over 100 unicorns and a thriving innovation landscape, the country has emerged as a global hub for startups. Strategic partnerships, such as the one between DPIIT and YES BANK, play a vital role in bridging financial gaps, providing mentorship, and fostering sustainable growth. As India continues its journey towards becoming a leader in technology and entrepreneurship, such alliances will be instrumental in ensuring long-term success and global competitiveness.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..