DPIIT Collaborates With SPF To Promote Collaborations In The Indian Startup Sector

Nitin Konde, Varun Bhardwaj

Jan 4, 2025 — 2 min read

DPIIT and SPF Join Hands to Boost Indian Startup Collaborations

In an effort to further promote the third-largest startup ecosystem globally, the recently established Startup Policy Forum (SPF) has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT). Through this partnership, the two organisations hope to increase manufacturing capacity in India, promote innovation, accelerate technology adoption, and strengthen linkages with global stakeholders and ecosystem enablers. SPF and DPIIT announced in a joint statement that they will be creating specialist immersion programs aimed at introducing international investors to India's thriving startup scene. Additionally, as part of the cooperation, the two organisations will work together to facilitate a startup debate called SPF Startup Baithak. As part of National Startup Week, the event is scheduled for January 15–16, 2025, at Delhi's Bharat Mandapam.

SPF Startup Baithak

"The SPF Baithak will be a platform for new collaborations, global investor engagement, and to showcase the innovations within the Indian startup ecosystem," said Sanjiv, joint secretary of DPIIT, in a LinkedIn post. This strategic partnership with SPF demonstrates DPIIT's unwavering dedication to fostering an environment that is conducive to startups' growth and allows them to significantly contribute to India's goal of being a worldwide centre for innovation. In his remarks about the alliance, Sanjiv stated that the SPF members embody the spirit of entrepreneurship in India and that their involvement in this mission will be essential to reaching the objective of building India by 2047.

In order to close the gap between founders, legislators, and regulators, former Peak XV chief public policy and communications officer Shweta Rajpal Kohli founded SPF in December 2024. It seeks to assist the government's efforts to put Indian startups on the international scene. Among its members are prominent startups such as Razorpay, CRED, Groww, Zerodha, Pine Labs, OYO, Acko, Swiggy, Dream11, Mobile Premier League (MPL), Livspace, Cars24, Cardekho, and Mobikwik.

Central Government Backing the Startup Culture

DPIIT and SPF's common goal of creating a robust and prosperous startup ecosystem is demonstrated by this partnership. According to Kohli, the partnership with DPIIT aims to help entrepreneurs to realise their full potential and place India prominently on the global innovation map by creating effective collaborations. The collaboration coincides with the central government's continuous initiative to support the domestic new-age technology sector. The DPIIT has collaborated with businesses such as HCLSoftware, Flipkart, bOAt, and Tally in recent months. The second annual Startup Mahakumbh event is now scheduled to take place at Bharat Mandapam from April 4–6, 2025.