DPIIT signs MoU with Kotak Mahindra Bank to foster financial and non-financial support for startups
Published on: Oct. 24, 2025, 4 a.m. | Source: Daily Excelsior
NEW DELHI, Oct 23 : The Department for Promotion of Industry and Internal Trade (DPIIT) today signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank to enhance financial and non-financial support for startups across India, an official statement said. Under the MoU, Kotak Mahindra Bank will extend a range of dedicated offerings for DPIIT-recognized startups. It includes zero-balance current accounts, working capital and term loans, API-based banking platforms, digital payment solutions, and specialized startup cards. “This partnership reflects DPIIT’s […]
