India, Aug. 20 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has signed Memoranda of Understanding (MoUs) with PhonePe and Shell India Pvt Ltd to strengthen support for DPIIT-recognised startups and promote innovation across key sectors.

Under the partnership, PhonePe will offer startups transaction credits through its Payment Gateway, access to the Indus AppStore, onboarding and support services, and opportunities to enhance brand visibility. It will also conduct masterclasses and webinars covering fintech, sales, go-to-market strategies and business scaling.

The collaboration with Shell India will focus on startups in the energy and climate-tech sectors, providing mentorship, strategic guidance, investor and inc...