India's Startup Ecosystem Gains Support Through New Agreement

India's Startup Ecosystem Gains Support Through New Agreement.webp

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, signed an agreement with KRAFTON India Pvt. Ltd. to support startups, innovators, and entrepreneurs across the country. The Ministry of Commerce and Industry stated that this collaboration aims to foster the growth of product startups working in areas such as digital entertainment, online gaming, esports, interactive media, and artificial intelligence-driven technologies. As part of this initiative, startups will be provided access to mentorship, industry insights, knowledge exchange platforms, and curated engagement opportunities. Furthermore, it will support ecosystem-building through outreach efforts and participation in Startup India programs to enhance engagement across the startup landscape.

Speaking at the event, Sanjiv, Joint Secretary, DPIIT, said that this collaboration represents an important step towards strengthening the country's digital and creative economy. He noted that such partnerships enable startups to innovate, scale, and build globally competitive solutions in emerging technology domains.
 
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artificial intelligence creative economy digital entertainment dpiit esports government collaboration industry insights innovation krafton india mentorship ministry of commerce and industry online gaming product startups startup india startup support
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