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Time of India
6 days ago
- Business
- Time of India
DPIIT inks pact with Zepto, Hero MotoCorp to support startups
Academy Empower your mind, elevate your skills The Department for Promotion of Industry and Internal Trade ( DPIIT ) on Tuesday said it has inked pacts with Hero MotoCorp and Zepto to help MoU with Hero MotoCorp aims at supporting early-stage startups and entrepreneurs through its innovation accelerator programme 'Hero For Startups'."DPIIT and Hero MotoCorp will jointly support startups working in areas related to the future of mobility, clean technology and deep technology," it said, adding the partnership will provide selected startups with exclusive access to Hero MotoCorp's research and development facilities in Germany and India, the company's extensive network of dealers, suppliers and partners, along with mentorship."Shortlisted startups will also have the opportunity to work on paid Proofs of Concept (PoCs), enabling successful pilots and unlocking valuable market exposure to accelerate the growth and visibility of their innovations," it MoU was signed by DPIIT Director Sumeet Jarangal and Global Innovation Portfolio Lead, Hero MotoCorp, Utkarsh an MoU with Zepto also aims to support startups in the manufacturing sector."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," it 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.
Business Upturn
6 days ago
- Automotive
- Business Upturn
DPIIT signs MoU with Hero MotoCorp to boost early-stage startups in mobility, clean tech, and deep tech
By Aditya Bhagchandani Published on August 12, 2025, 16:57 IST The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Hero MotoCorp Limited to support and scale early-stage startups and entrepreneurs through its innovation accelerator programme, Hero For Startups . Under the Startup India initiative, the collaboration will focus on startups engaged in the future of mobility, clean technology, and deep technology. Selected startups will gain exclusive access to Hero MotoCorp's global R&D facilities in Germany and India, its extensive dealer and supplier network, and industry mentorship. They will also have the chance to work on paid Proofs of Concept (PoCs), enabling successful pilots and providing valuable market exposure. Speaking on the partnership, DPIIT Joint Secretary Sanjiv highlighted that the initiative aims to connect industry experience with grassroots innovation, particularly benefiting emerging technologies and entrepreneurs from Tier 2 and Tier 3 markets. Hero MotoCorp Executive Chairman Dr. Pawan Munjal stated that the move aligns with the vision of Viksit Bharat 2047 , emphasizing the company's role as both an industry leader and a nation-builder committed to fostering India's entrepreneurial ecosystem. The MoU was signed by DPIIT Director Dr. Sumeet Jarangal and Hero MotoCorp Global Innovation Portfolio Lead Utkarsh Mishra, in the presence of senior officials from both organizations. The partnership is expected to contribute to innovation-led industrial growth, supporting national initiatives like Make in India and Atmanirbhar Bharat . Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
News18
6 days ago
- Business
- News18
DPIIT inks pact with Hero MotoCorp, Zepto to support startups
Agency: PTI New Delhi, Aug 12 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) on Tuesday said it has inked pacts with Hero MotoCorp and Zepto to help startups. The MoU with Hero MotoCorp Ltd aims at supporting early-stage startups and entrepreneurs through its innovation accelerator programme 'Hero For Startups'. 'DPIIT and Hero MotoCorp will jointly support startups working in areas related to the future of mobility, clean technology and deep technology," it said, adding the partnership will provide selected startups with exclusive access to Hero MotoCorp's research and development facilities in Germany and India, the company's extensive network of dealers, suppliers and partners, along with mentorship. 'Shortlisted startups will also have the opportunity to work on paid Proofs of Concept (PoCs), enabling successful pilots and unlocking valuable market exposure to accelerate the growth and visibility of their innovations," it added. The MoU was signed by DPIIT Director Sumeet Jarangal and Global Innovation Portfolio Lead, Hero MotoCorp, Utkarsh Mishra. '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," it added. 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. PTI RR DR DR view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
6 days ago
- Business
- News18
DPIIT signs MoUs with Hero MotoCorp and Zepto to boost early-stage startups
New Delhi [India], August 12 (ANI): The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed two separate Memorandums of Understanding (MoUs) with Hero MotoCorp Limited and Zepto Private Limited to support and scale early-stage startups across different to an official notification on Tuesday, the ministry stated that under the Startup India initiative, DPIIT and Hero MotoCorp will work together through the company's innovation accelerator programme 'Hero For Startups'. The collaboration will support startups focusing on the future of mobility, clean technology, and deep technology. Selected startups will get exclusive access to Hero MotoCorp's state-of-the-art research and development facilities in Germany and India, as well as the company's vast network of dealers, suppliers, and partners. They will also benefit from mentorship opportunities and have a chance to work on paid Proofs of Concept (PoCs), enabling successful pilots and valuable market on the occasion, Joint Secretary, DPIIT, Sanjiv said the partnership would help strengthen product-focused startups that are solving India's mobility challenges. 'By connecting industry experience with grassroots innovation, we aim to fast-track the journey from idea to impact, especially in emerging technologies and Tier 2/3 markets," he MotoCorp's Executive Chairman, Pawan Munjal, said the company is committed to building a self-reliant and globally competitive Bharat, aligned with the vision of Viksit Bharat 2047. 'Our partnership with DPIIT reflects our commitment to nurturing India's entrepreneurial spirit," he another agreement, DPIIT partnered with Zepto Private Limited to launch the 'Zepto Nova' innovation challenge for early-stage startups in the manufacturing sector. This six-month programme will support startups working in hardware, IoT, packaging, and sustainable manufacturing, helping them progress from prototype to market-ready products by leveraging Zepto's delivery and digital initiative will focus on mentoring women-led and Tier II/III startups through expert-led workshops and Startup India assistance. Zepto also plans to integrate more than 100 Indian startups into its supply chain, giving them market access and a platform to showcase their highlighted that support from unicorns is one of the most impactful ways to uplift startups. 'It is not just an opportunity but also a responsibility for unicorns to contribute to the ecosystem," he MoUs, signed by senior representatives of DPIIT, Hero MotoCorp, and Zepto, aim to create new opportunities for innovation-led growth, aligned with national goals such as Make in India, Atmanirbhar Bharat, and Viksit Bharat 2047. (ANI)
