New MoU Between DPIIT and Games24x7 to Empower Startups in AI and Gaming Tech

The Department for Promotion of Industry and Internal Trade (DPIIT) has formalized a partnership with games24x7 to bolster innovation within India's manufacturing sector by supporting startups, innovators, and entrepreneurs. 

The memorandum of understanding (MoU) was signed by Mr. Sameer Chugh, Chief Legal Officer of Games24x7, and Shri Sumeet K. Jarangal, Director of DPIIT, in the presence of Shri Sanjiv, Joint Secretary of DPIIT.

Under this collaboration, Games24x7 will utilize its TechXpedite accelerator program to provide mentorship, resources, and up to $500,000 in credits from over 30 technology partners. 

This initiative is designed to empower startups in sectors such as Gaming Technology, Artificial Intelligence (AI), and Inclusive Technology, enabling them to develop proof-of-concept prototypes, use-case applications, and market-ready solutions.

Read more - DPIIT Partners with Tally Solutions & HDFC Bank to Empower Manufacturing Startups

TechXpedite is a 60-day accelerator program aimed at driving innovation and supporting the next generation of disruptive startups. Participants benefit from one-on-one mentorship with industry leaders access to strategic funding and collaboration opportunities with global tech partners. 

Additionally, the program offers national media exposure and valuable networking opportunities with key investors and industry experts. 
Games24X7

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The MoU signifies a commitment to fostering India's startup ecosystem particularly in the manufacturing domain. By leveraging Games24x7s expertise and resources the partnership aims to create a conducive environment for startups to thrive thereby contributing to the nations economic growth and technological advancement.

This collaboration is expected to provide startups with the necessary tools and guidance to navigate the complexities of the market enhance their technological capabilitie and bring innovative products and services to fruition. 

The support from DPIIT and Games24x7 underscores a shared vision of promoting entrepreneurship and innovation across the country.

This partnership is a significant step towards realizing India's vision of becoming a trillion-dollar digital economy by 2028, with startups playing a pivotal role in this transformation.

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