New Delhi, Oct. 24 -- The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into two strategic Memoranda of Understanding (MoUs) with Kotak Mahindra Bank Ltd. and Primus Partners Pvt. Ltd.

These partnerships are designed to bolster India's startup ecosystem by providing enhanced financial, technical, and institutional support.

Under the collaboration with Kotak Mahindra Bank, DPIIT seeks to establish a robust framework enabling startups to access customised financial solutions, credit facilities, and capacity-building initiatives.

The partnership also includes support for digital and payment infrastructure, underscoring the government's vision to promote an innovation-driven economy and bolster India's positio...