Published on Dec 12, 2024
Current Affairs
Department for Promotion of Industry and Internal Trade (DPIIT)
Department for Promotion of Industry and Internal Trade (DPIIT)

♦ The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Flipkart and signed an MoU with the former to support and empower tech start-ups across India.

♦ Aimed at encouraging the growth of innovators and entrepreneurs, the partnership further catapults on existing efforts under the Flipkart Leap and Ventures initiative with its USD 100 mn fund.

♦ The collaboration will enable access for startups to industry reports, research papers, datasets and other studies published by government authorities for market research and fast-track patent applications filed by startups for timely opportunities.