New Delhi, Aug. 7 -- Gurugram-based Cars24 has signed a memorandum of understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to collaborate on initiatives aimed at strengthening India's startup ecosystem.

The partnership will focus on sectors such as artificial intelligence (AI), mobility, and road safety, according to a company statement.

Support for Early-Stage Startups

Under the agreement, Cars24 will provide support to early-stage startups through mentorship, AI enablement, skilling programmes, and access to investment opportunities. DPIIT will facilitate outreach through the Startup India platform, according to The Economic Times.

Key initiatives include the launch of the Cars24 Founders' Fel...