New Delhi, Sep 15 (UNI) Startup India today signed a Memorandum of Understanding (MoU) with CarDekho Group to further strengthen India’s startup ecosystem across mobility, fintech, insurtech, and emerging technology sectors, said an official statement.
‘Startup India’ is a flagship initiative of the Government of India managed by the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry.
The MoU was signed by Director, DPIIT, Sumeet Jarangal, and Co-founder and CEO of CarDekho Group Amit Jain in the presence of senior officials from both organisations.
Under the collaboration, DPIIT and CarDekho Group will accelerate the growth of DPIIT-recognised startups by providing strategic mentorships, market access, technology infrastructure and funding opportunities. Startups will gain access to CarDekho’s diverse platforms—CarDekho, InsuranceDekho, rupyy, BikeDekho, ZigWheels, PowerDrift, Revv, CollegeDekho, Crack-ED and others-opening avenues for collaboration and customer reach.
Speaking on the occasion, Sanjiv, joint secretary of DPIIT, said, “Connecting the expertise of leading corporates with the innovation potential of Indian startups will unlock powerful solutions for mobility, finance, and sustainability. The partnership with CarDekho will create opportunities for collaboration, capacity building and market access across the country.”
“The company is committed to co-creating with India’s most promising startups and driving innovation that impacts millions. Partnering with DPIIT and integrating with the Startup India platform will enable CarDekho to mentor, fund, and provide market access to emerging entrepreneurs in mobility, fintech, and beyond,” said Amit Jain, Co-founder and CEO of CarDekho Group.
According to an official statement, the partnership will explore hosting innovation challenges under the Bharat Startup Grand Challenge to promote entrepreneurship in areas such as electric mobility, auto-tech, finance, and sustainability.
Startups will have access to CarDekho’s leadership network for domain-specific guidance and co-investment opportunities through the Girnar Vision Fund (GVN).
‘Girnar Vision Fund (GVN)’ is the investment arm of CarDekho Group. It has a presence across India, Indonesia, Philippines, and Malaysia.
