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 CarDekho Group, a leading platform for autotech and financial solutions, to bolster India’s startup ecosystem across mobility, fintech, insurtech, and emerging technology sectors.
Through this collaboration, DPIIT and CarDekho Group aim to accelerate the growth of DPIIT-recognized startups by offering strategic mentorship, market access, technological infrastructure, and funding opportunities. Startups will be able to leverage CarDekho’s extensive platforms—including CarDekho, InsuranceDekho, rupyy, BikeDekho, ZigWheels, PowerDrift, Revv, CollegeDekho, and Crack-ED—facilitating collaboration and expanding customer reach.
The partnership also plans to organize innovation challenges under the Bharat Startup Grand Challenge, promoting entrepreneurship in areas such as electric mobility, auto-tech, finance, and sustainability. Startups will gain access to CarDekho’s leadership network for domain-specific guidance, along with co-investment opportunities through the Girnar Vision Fund (GVF). CarDekho brands will collaborate to conduct skill development programs that enhance the entrepreneurial and technical capabilities of founders and their teams.
Speaking at the event, DPIIT Joint Secretary Shri Sanjiv stated that, by combining the expertise of leading corporates with the innovation potential of Indian startups, it is possible to generate impactful solutions in mobility, finance, and sustainability. Furthermore, he noted that the partnership with CarDekho will not only facilitate collaboration and capacity building but also expand market access across India.
CarDekho Group Co-founder and CEO Amit Jain emphasized the company’s commitment to co-creating with India’s most promising startups and driving innovations that positively impact millions of lives. Moreover, he added that by collaborating with DPIIT and integrating with the Startup India platform, CarDekho will be able to mentor, fund, and provide market access to emerging entrepreneurs in mobility, fintech, and related sectors.
The MoU was formally signed by DPIIT Director Dr. Sumeet Jarangal and CarDekho Group Co-founder & CEO Amit Jain, while senior officials from both organizations looked on, marking a significant step in the collaboration.
