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DPIIT Signs MoUs with Kotak Mahindra Bank and Primus Partners to Strengthen Startup Ecosystem.

Banking & Finance | Dated: 25 Oct 2025

The Department for Promotion of Industry and Internal Trade (**DPIIT**) signed two key MoUs with **Kotak Mahindra Bank** and **Primus Partners**. The agreements aim to strengthen India’s startup ecosystem by facilitating mentorship, providing financial support, and driving corporate collaboration for startups registered under the Startup India initiative.

🎯 Key Highlights:

  • DPIIT signed two separate MoUs with Kotak Mahindra Bank and Primus Partners.
  • The agreements aim to facilitate mentorship, provide financial support, and drive corporate collaboration for startups.
  • The collaboration is focused on strengthening the startup ecosystem under the Startup India initiative.

💡 Other Important Facts:

  • Kotak Mahindra Bank will focus on financial products for startups.
  • Primus Partners will assist in strategic guidance and corporate linkages.
  • Goal is to accelerate the growth and scaling of registered startups.

📚 Test Your Knowledge:

Which three entities were involved in signing the MoUs to strengthen the Startup Ecosystem?

Correct Answer: DPIIT, Kotak Mahindra Bank, and Primus Partners

🚀 Quick Recap:

About DPIIT

  • Full Form: Department for Promotion of Industry and Internal Trade, Ministry: Commerce and Industry.
  • Startup India Initiative: Launched 2016, Objective: Promote innovation and job creation.