India, Oct. 23 -- The Government of India has issued a release:

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, Government of India, signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank Ltd. to enhance financial and non-financial support for startups across India.

This strategic collaboration aims to create a comprehensive framework enabling startups to access customized banking solutions, credit and funding opportunities, digital and payment infrastructure, and capacity-building programs. The partnership reinforces DPIIT's commitment to nurturing an innovation-led economy and accelerating India's journey toward becoming a global startup hub.

Under the MoU, ...