Collaboration to drive innovation in mobility, fintech, insurtech, and emerging technologies
In a significant step towards advancing India’s entrepreneurial ecosystem, Startup India, an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with the CarDekho Group, one of India’s leading autotech and finance solutions platforms. The partnership aims to boost startup growth across the mobility, fintech, insurtech, and emerging technology sectors.
Department for Promotion of Industry and Internal Trade (DPIIT)
Through this collaboration, DPIIT and CarDekho Group will provide strategic mentorship, market access, technological support, and funding opportunities to DPIIT-recognised startups. Startups will also benefit from exposure to CarDekho’s vast ecosystem of platforms, including CarDekho, InsuranceDekho, Rupyy, BikeDekho, ZigWheels, PowerDrift, Revv, CollegeDekho, and Crack-ED, enabling partnerships, innovation, and greater customer reach.
As part of the agreement, both entities will explore organizing innovation challenges under the Bharat Startup Grand Challenge, aimed at fostering entrepreneurship in electric mobility, autotech, financial services, and sustainability. Startups will have the opportunity to collaborate with CarDekho’s leadership network for sector-specific mentorship and potential co-investment opportunities through the Girnar Vision Fund (GVF). Additionally, skill development programs will be launched to build technical and entrepreneurial competencies among startup founders and teams.
Shri Sanjiv, Joint Secretary, DPIIT, highlighted the importance of public–private collaboration, stating, “Bringing together the expertise of leading corporates and the innovative spirit of Indian startups will create powerful, scalable solutions for mobility, finance, and sustainability. Our partnership with CarDekho will unlock new pathways for collaboration, capacity building, and market access nationwide.”
Echoing this sentiment, Amit Jain, Co-founder and CEO of CarDekho Group, said, “CarDekho is deeply committed to co-creating with India’s most promising startups. Through our collaboration with DPIIT and integration with the Startup India platform, we aim to mentor, fund, and empower entrepreneurs shaping the future of mobility and fintech innovation in India.”
The MoU was formally signed by Dr. Sumeet Jarangal, Director, DPIIT, and Amit Jain, Co-founder and CEO, CarDekho Group, in the presence of senior officials from both organizations.
This partnership underscores the government’s continued focus on fostering innovation and entrepreneurship as key drivers of India’s economic growth and digital transformation.
