Latest news with #ZeptoNova
Business Upturn
12-08-2025
- Business
- Business Upturn
DPIIT signs MoU with Zepto to boost manufacturing startups through Zepto Nova challenge
By Aditya Bhagchandani Published on August 12, 2025, 16:27 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 Zepto Private Limited to support and scale early-stage manufacturing startups through the 'Zepto Nova' innovation challenge. The six-month programme will focus on identifying and mentoring startups developing solutions in hardware, IoT, packaging, and sustainable manufacturing. These startups will receive guidance to progress from prototype development to market-ready products by leveraging Zepto's delivery and digital infrastructure. The partnership will include mentorship, capacity building through expert-led workshops, and assistance from Startup India. Special emphasis will be placed on supporting women-led ventures and startups from Tier II and Tier III cities. Zepto aims to integrate over 100 Indian startups into its supply chain, providing them with market access and a platform to expand their presence. Joint Secretary of DPIIT, Sanjiv, highlighted the significance of unicorns contributing to the ecosystem, stating that market access remains a critical enabler for startup success. Zepto Co-founder Kaivalya Vohra said the initiative will help shape the future of manufacturing in India. The MoU is part of DPIIT's ongoing efforts to foster innovation, promote inclusive growth, and contribute to building a self-reliant India. 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.
United News of India
12-08-2025
- Business
- United News of India
DPIIT and Zepto signs MoU to foster manufacturing ecosystem
New Delhi, Aug 12 (UNI) The Department for Promotion of Industry and Internal Trade (DPIIT) has signed an MoU with Zepto Pvt Ltd with an objective to assist early-stage startups in the manufacturing sector with the help of the 'Zepto Nova' innovation challenge. Addressing a ceremony, Sanjiv, joint secretary, DPIIT, stressed the support from unicorns for driving India's startup growth. He said it was the responsibility of unicorns to contribute to the startup ecosystem. This partnership focuses on training startups under the six-month programme by mentoring them on advanced technologies, including hardware, IoT packaging, and sustainable manufacturing. Moreover, the collaboration also allows conducting the expert-led workshops on focusing on women-led and Tier II/III startups. Zepto will also integrate about 100 Indian startups into its supply chain to expand its presence. Zepto co-founder Kaivalya Vohra said the partnership would support the future of manufacturing. DPIIT comes under the Ministry of Commerce and Industry and is responsible for formulating and implementing policies related to the growth of the industrial sector in India. UNI SAS PRS
News18
12-08-2025
- 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)
