♦ WaveX, the startup accelerator initiative under the Ministry of Information and Broadcasting, has signed an agreement to strengthen innovation, incubation and entrepreneurship in media, entertainment, broadcasting and communication technologies. The agreement has been signed with the Foundation for Innovation and Technology Transfer (FITT), IIT Delhi, to accelerate media technology entrepreneurship. Secretary, Ministry of Information and Broadcasting, Sanjay Jaju, was present at the signing of the agreement. 

♦ Under the agreement, IIT Delhi will provide strategic and operational guidance for incubator setup, facilitate engagement with other IITs and innovation hubs, and enable capacity-building initiatives for startups and incubation managers. Meanwhile, WaveX will provide financial support, policy guidance, and national visibility for the programme.