New Delhi, January 4, 2025: The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Stride Ventures to foster the growth of India’s startup ecosystem and enhance its global presence. This strategic alliance aims to provide a comprehensive framework for accelerating innovation, entrepreneurship, and scalability among Indian startups. Through this collaboration, DPIIT and Stride Ventures will offer essential financial support, mentorship, and market access to emerging businesses across various sectors.
The initiative is designed to address challenges faced by startups, such as access to capital, resources, and global expansion opportunities. By leveraging Stride Ventures’ expertise in venture capital and DPIIT’s initiatives to strengthen India’s business environment, the alliance is set to unlock new opportunities for startups to scale rapidly and compete on the global stage.
This collaboration marks a significant step in realizing India’s vision of becoming a global startup hub, attracting international investors, and fostering entrepreneurship across the country. The partnership is expected to drive substantial economic growth and job creation, positioning India as a leading player in the global startup ecosystem.