DPIIT, Kotak Bank Join Hands To Boost Startup Ecosystem

24 Oct 2025 CW Team

This strategic collaboration aims to create a comprehensive framework that enables startups to access customised banking solutions, funding opportunities, digital and payment infrastructure, and capacity-building programmes. The initiative reaffirms DPIIT’s commitment to fostering an innovation-led economy and propelling India’s transformation into a global startup hub.

Under the MoU, Kotak Mahindra Bank will offer an exclusive suite of services for DPIIT-recognised startups, including zero-balance current accounts, working capital and term loans, API-based banking platforms, digital payment solutions, and specialised startup cards. In addition, the Bank will facilitate mentorship, investment advisory, incubation support, and networking platforms, helping startups scale from ideation to commercial success.

Shri Sanjiv, Joint Secretary, DPIIT, said, “This partnership reflects DPIIT’s efforts to build a vibrant and inclusive innovation ecosystem that empowers startups at every stage of their journey. By integrating policy, industry, and finance, we aim to strengthen the bridge between entrepreneurial ambition and sustainable impact, ensuring India’s innovators have the right tools to grow globally.”

Shri Raghavendra Singh, President, Kotak Mahindra Bank Ltd., noted that the collaboration would enhance engagement with the startup community through tailored financial solutions, mentorship initiatives, and access to business networks to support effective growth and expansion.

The partnership will establish a dynamic support framework encompassing banking services, advisory, technology enablement, funding access, and market linkages. By combining Kotak’s financial expertise with DPIIT’s policy leadership, the initiative aims to accelerate India’s journey towards a self-reliant, innovation-driven economy.

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India, has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank Ltd. to strengthen both financial and non-financial support for startups across India. This strategic collaboration aims to create a comprehensive framework that enables startups to access customised banking solutions, funding opportunities, digital and payment infrastructure, and capacity-building programmes. The initiative reaffirms DPIIT’s commitment to fostering an innovation-led economy and propelling India’s transformation into a global startup hub. Under the MoU, Kotak Mahindra Bank will offer an exclusive suite of services for DPIIT-recognised startups, including zero-balance current accounts, working capital and term loans, API-based banking platforms, digital payment solutions, and specialised startup cards. In addition, the Bank will facilitate mentorship, investment advisory, incubation support, and networking platforms, helping startups scale from ideation to commercial success. Shri Sanjiv, Joint Secretary, DPIIT, said, “This partnership reflects DPIIT’s efforts to build a vibrant and inclusive innovation ecosystem that empowers startups at every stage of their journey. By integrating policy, industry, and finance, we aim to strengthen the bridge between entrepreneurial ambition and sustainable impact, ensuring India’s innovators have the right tools to grow globally.” Shri Raghavendra Singh, President, Kotak Mahindra Bank Ltd., noted that the collaboration would enhance engagement with the startup community through tailored financial solutions, mentorship initiatives, and access to business networks to support effective growth and expansion. The partnership will establish a dynamic support framework encompassing banking services, advisory, technology enablement, funding access, and market linkages. By combining Kotak’s financial expertise with DPIIT’s policy leadership, the initiative aims to accelerate India’s journey towards a self-reliant, innovation-driven economy.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Real Estate

09 Mar 2026

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Real Estate

09 Mar 2026

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..