DPIIT Signs MoU with Zepto to Support Manufacturing Startups Through Zepto Nova Innovation Challenge

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry signed a Memorandum of Understanding with Zepto Private Limited to support and scale early-stage startups in the manufacturing sector through its ‘Zepto Nova’ innovation challenge.

The collaboration aims to discover and mentor startups through a focused six-month programme. It will support startups developing technologies in hardware, IoT, packaging and sustainable manufacturing, enabling them to progress from prototype to market-ready solutions using Zepto’s delivery and digital infrastructure.

The partnership will provide support through mentorship and capacity building via expert-led workshops and Startup India assistance, with a focus on women-led and Tier II/III startups. In addition, Zepto will integrate upwards of 100 Indian startups into its supply chain, offering them a platform to showcase products, gain market access and expand their presence.

Speaking on the occasion, Joint Secretary, DPIIT, Sanjiv said that support from unicorns is one of the most impactful ways to uplift startups, enabling them to learn from the journey of successful ventures. He added that it is not just an opportunity but also a responsibility for unicorns to contribute to the ecosystem. Highlighting the importance of growth, he stated that market access remains a critical enabler for the success of startups.

The MoU was signed by Director, DPIIT, Dr. Sumeet Jarangal, and Co-founder, Zepto, Kaivalya Vohra

Co-founder, Zepto, Kaivalya Vohra said that the partnership with DPIIT will support startups in building the future of manufacturing through the Zepto Nova programme.

Latest news

Punjab Government Conducts Strategic Bureaucratic Shuffle, 6 IAS Officers Transferred

In a significant administrative move, the Punjab government on Wednesday ordered the transfer and posting of 6 IAS officers,...

Karthik Narain Named Chief Product and Business Officer for Google Cloud

In a significant leadership change in the global technology sector, Google Cloud has announced that Karthik Narain will take...

Meesho Welcomes Aman Mehta as Vice President – Head of Design

E-commerce disruptor Meesho has strategically strengthened its product leadership team with the hiring of Aman Mehta as Vice President...

Jill Kramer Takes Helm as Chief Marketing and Communications Officer at Mastercard

Global payment and technology giant Mastercard has announced the appointment of Jill Kramer as its new Chief Marketing and...
spot_img

You might also likeRELATED
Recommended to you

spot_img