**Summary:**
In response to Lok Sabha Unstarred Question No. 4326, addressed on August 19, 2025, the Ministry of Commerce and Industry, Department for Promotion of Industry and Internal Trade (DPIIT), confirms a partnership with Stride Ventures (Stride Fund Advisors LLP) to bolster Indian startups' access to global markets. This collaboration, formalized through a Memorandum of Understanding (MoU), aims to foster innovation-led growth, particularly in the manufacturing sector, by providing startups with mentoring, infrastructure access, resource sharing, knowledge dissemination, market linkages, and connections to funding networks.
The MoU with Stride Ventures encompasses key areas such as access to funding, strategic mentorship, market linkages, and global collaborations. The partnership's longterm objectives are to cultivate sustainable growth by supporting innovation and enabling startups to scale up. The strategic approach integrates financial support with structured mentorship, business development opportunities, and facilitated global market access. This comprehensive support system enables startups to leverage the resources, guidance, and network provided by Stride Ventures. The initiative aligns with DPIIT's broader strategy of partnering with various stakeholders, including private companies, to foster a supportive ecosystem for startups in India.
Key Entities Referenced
Department for Promotion of Industry and Internal Trade: A department under the Ministry of Commerce and Industry, responsible for promoting industry and internal trade in India.
Stride Ventures: A venture debt firm that has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) to support Indian startups.
Indian startups: Emerging businesses in India that are the target beneficiaries of the partnership between the Government and Stride Ventures, aiming to access global markets and foster sustainable growth.
Ministry of Commerce and Industry: The Indian government ministry responsible for the development and regulation of commerce and industry.
SHRI SHASHANK MANI: Member of LOK SABHA who raised a question about startup growth and global market access.
SHRI JITIN PRASADA: The Minister of State in the Ministry of Commerce and Industry who provided the answer to the question about startup growth and global market access.
Memorandum of Understanding (MoU): A formal agreement signed between the Department for Promotion of Industry and Internal Trade (DPIIT) and various stakeholders, including Stride Ventures, to support startups.
LOK SABHA: The lower house of the Parliament of India, where the question regarding startup growth and global market access was raised.
GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT FOR PROMOTION OF INDUSTRY AND INTERNAL TRADE
LOK SABHA
UNSTARRED QUESTION NO. 4326.
TO BE ANSWERED ON TUESDAY, THE 19TH AUGUST, 2025.
STARTUP GROWTH AND GLOBAL MARKET ACCESS
4326. SHRI SHASHANK MANI:
Will the Minister of COMMERCE AND INDUSTRY be pleased to state:
वाणिज्य एवं उद्योग मंत्री
(a) whether the Government has partnered with Stride Ventures to support Indian
startups in accessing global markets;
(b) if so, the details thereof, including the key areas of collaboration under this
partnership;
(c) whether the partnership has outlined long-term objectives to foster sustainable
growth for Indian startups, if so, the details thereof; and
(d) whether there are strategies in place to integrate strategic mentorship and
market access alongside the financial support provided to startups, if so, the
details thereof?
ANSWER
वाणिज्य एवं उद्योग मंत्रालय में राज्य मंत्री (श्री णिणिन प्रसाद)
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE & INDUSTRY
(SHRI JITIN PRASADA)
(a): In order to promote partnerships and collaborations between the industry and
startups and encourage innovation-led growth in sectors like manufacturing, the
Department for Promotion of Industry and Internal Trade (DPIIT) is signing
Memorandum of Understanding (MoUs) with various stakeholders including
private companies for the specific purpose, inter alia, of mentoring, providing
access to infrastructure, sharing resources and knowledge, assisting in market
linkages and connecting to funding networks. Under this initiative, an MoU has
also been signed with Stride Ventures (Stride Fund Advisors LLP), a venture
debt firm.
(b) to (d): The MoU with Stride Ventures focuses on key areas including access to
funding, strategic mentorship, market linkages, and global collaborations. It is
guided by long-term objectives to foster sustainable growth by supporting
innovation and enabling startups to scale-up. The approach integrates financial
support with structured mentorship, business development opportunities, and
global market access for startups to benefit from the resources, guidance, and
network of the partner organisation.
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