The Department for Promotion of Industry and Internal Trade (DPIIT) and Estée Lauder Companies Inc. (ELC) have signed an agreement to promote innovation and entrepreneurship in India’s growing beauty and personal care industry.
Mercedes-Benz India has signed a Memorandum of Understanding (MoU) with DPIIT to support startups focused on innovation, sustainability and entrepreneurship.
One97 Communications Ltd, the parent company of Paytm, has signed an agreement with the government to support startups with mentorship, infrastructure, market access, and funding opportunities.
The goal of this collaboration is to boost India’s interactive entertainment industry by encouraging innovation, creating skilled talent, and helping startups grow internationally.
Department for Promotion of Industry and Internal Trade (DPIIT) organised the ‘ONDC Startup Mahotsav’, a first of its kind event, on 17th May 2024 at Vanijya Bhawan, New Delhi.