Nanda Capital Holding has signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT), in a strategic move to accelerate India's startup ecosystem. The collaboration aims to foster high-potential startups, particularly in Tier 2 and Tier 3 cities, by providing them with essential support for scaling and growth.
Rhythm Jain, Director at Nanda Fincap, announced this progress on her official LinkedIn handle with the caption, “Empowering Bharat’s Next Wave of Startups – Nanda Capital x DPIIT.” She posted, “I’m excited to share that Nanda Capital Holding has signed an MoU with the Department for Promotion of Industry and Internal Trade (DPIIT) to strengthen the startup ecosystem, especially in Tier 2 & 3 cities. This initiative is close to my heart because I truly believe India’s biggest entrepreneurial potential lies beyond metros, and they need the right ecosystem to scale.”
Through this initiative, Nanda Capital is set to offer structured acceleration programs via Nanda.VC, along with mentorship, market access, corporate collaborations, and investment readiness. The firm also advocates supporting corporate collaborations and investment readiness through this step. The partnership underscores the firm’s vision of creating a launchpad for emerging entrepreneurs by bridging critical gaps in funding, mentorship, and industry integration.
“At Nanda Capital Holding, we’re not just investing in startups; we are building a foundation for India’s next wave of innovators,” the company stated, emphasizing its commitment to transforming startups into scalable businesses that contribute to the nation’s economic growth. Additionally, this alliance aims to bridge the gap between mentorship, funding, and market access, while also committing to capitalizing on high-potential startups and emerging into scalable businesses. Ultimately, it intends to boost India’s economic growth and startup ecosystem.
This collaboration aligns with Startup India’s ongoing efforts to strengthen the entrepreneurial landscape beyond metro cities. The MoU is the result of the support of key industry leaders.
With this initiative, aspiring entrepreneurs in emerging markets now have greater access to resources, mentorship, and funding opportunities, setting the stage for transformative innovation in India's startup ecosystem.
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