ENA Sectors 2025-02-14 15:45:11 <p><span style="font-size:14px"><strong>New Delhi, Feb 14 (KNN) </strong>The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a strategic partnership with Rukam Capital and Bootstrap Incubation &amp; Advisory Foundation. </span></p> <p><span style="font-size:14px">The collaboration, announced on Monday through a Memorandum of Understanding (MoU), aims to foster comprehensive growth of product startups and innovators across India.</span></p> <p><span style="font-size:14px">The initiative will provide startups with essential resources including infrastructure support, mentorship networks, funding channels, and market connectivity opportunities. </span></p> <p><span style="font-size:14px">A key focus of the partnership involves guiding entrepreneurs through critical development phases, from prototype creation to international market expansion, supported by an extensive knowledge repository.</span></p> <p><span style="font-size:14px">Sanjiv, Joint Secretary, DPIIT, emphasised the partnership's strategic importance, stating that the collaboration seeks to establish a robust foundation for product startups in India. </span></p> <p><span style="font-size:14px">He highlighted how the combination of industry expertise, capital resources, and strategic mentorship would create an environment conducive to transforming innovative ideas into market-ready solutions, ultimately contributing to India's economic advancement and global competitiveness.</span></p> <p><span style="font-size:14px">The partnership has already gained momentum, with both Bootstrap Incubation &amp; Advisory Foundation and Rukam Capital committing to establish specialised programs for nurturing product startups. </span></p> <p><span style="font-size:14px">Archana Jahagirdar, Founder and Managing Partner, Rukam Capital, described the collaboration as a pivotal development in strengthening India's startup ecosystem, emphasising their commitment to providing entrepreneurs with comprehensive support for innovation and scaling their ventures.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 41070 https://knnindia.co.in/news/newsdetails/sectors/dpiit-partners-with-investment-firms-to-boost-indian-startup-ecosystem 2025-02-14 15:45:11 knnindia.co.in