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

- Advertisement -

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

Travel Food Services Appoints Aavinash Yogeshwar as Chief Human Resources Officer

Travel Food Services has appointed Aavinash Yogeshwar as its new Chief Human Resources Officer (CHRO). In his new role,...

Volvo Auto India Appoints Karan Arora as Director – Marketing & PR

Volvo Auto India has appointed Karan Arora as Director – Marketing & PR, marking a new addition to the...

FORVIA Appoints Pankaj Kapoor as President – India Operations

FORVIA has appointed Pankaj Kapoor as President – India Operations, placing him in a key leadership role for the...

Chaitanya Prakash Takes Charge as Director (Power) at NLC India

Chaitanya Prakash has assumed charge as Director (Power) at NLC India Limited. In his new role, Prakash will oversee...
spot_img

You might also likeRELATED
Recommended to you

spot_img