**Summary:**
On September 15, 2025, the Startup India initiative under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, entered into a Memorandum of Understanding (MoU) with CarDekho Group, an autotech and finance solutions platform. The MoU aims to bolster India's startup ecosystem, focusing on the mobility, fintech, insurtech, and emerging technology sectors.
The collaboration will provide DPIIT-recognized startups with strategic mentorship, market access, technology infrastructure, and funding opportunities. Startups will gain access to CarDekho Group's various platforms, including CarDekho, InsuranceDekho, rupyy, BikeDekho, ZigWheels, PowerDrift, Revv, CollegeDekho, and CrackED.
The partnership also intends to explore innovation challenges under the Bharat Startup Grand Challenge, promoting entrepreneurship in areas like electric mobility, autotech, finance, and sustainability. Access to CarDekho's leadership network for domain-specific guidance and co-investment opportunities via the Girnar Vision Fund (GVF) will be provided. Skill development initiatives, in conjunction with CarDekho brands, will be implemented to enhance entrepreneurial and technical skills among founders and startup teams.
The MoU was signed by Director, DPIIT, Dr. Sumeet Jarangal, and Co-founder and CEO of CarDekho Group, Amit Jain.
Key Entities Referenced
Ministry of Commerce and Industry: The Indian government ministry responsible for international trade and industrial development.
Startup India: A flagship initiative of the Government of India intended to build a strong ecosystem for nurturing innovation and Startups in the country.
DPIIT: Department for Promotion of Industry and Internal Trade, a department under the Ministry of Commerce and Industry, Government of India.
CarDekho Group: An autotech and finance solutions platform that signed an MoU with DPIIT to strengthen the startup ecosystem.
Bharat Startup Grand Challenge: Innovation challenges to promote entrepreneurship in areas such as electric mobility, autotech, finance and sustainability.
Girnar Vision Fund: CarDekho's investment fund (GVF) which startups will have access to for coinvestment opportunities.
Shri Sanjiv: Joint Secretary, DPIIT.
Amit Jain: Cofounder and CEO of CarDekho Group.
Ministry of Commerce & Industry
Startup India-DPIIT signs MoU with CarDekho Group
to strengthen startup ecosystem in mobility, fintech
and emerging tech sectors
Posted On: 15 SEP 2025 4:18PM by PIB Delhi
Startup India, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and
Industry, signed a Memorandum of Understanding (MoU) with CarDekho Group, an autotech and finance
solutions platform, to further strengthen India’s startup ecosystem across mobility, fintech, insurtech, and
emerging technology sectors.
Under the collaboration, DPIIT and CarDekho Group will accelerate the growth of DPIIT-recognised startups
by providing strategic mentorship, market access, technology infrastructure, and funding opportunities.
Startups will gain access to CarDekho’s diverse platforms—CarDekho, InsuranceDekho, rupyy, BikeDekho,
ZigWheels, PowerDrift, Revv, CollegeDekho, Crack-ED and others—opening avenues for collaborations and
customer reach.
The partnership will also explore hosting innovation challenges under the Bharat Startup Grand Challenge to
promote entrepreneurship in areas such as electric mobility, auto-tech, finance and sustainability. Startups will
have access to CarDekho’s leadership network for domain-specific guidance and co-investment opportunities
through the Girnar Vision Fund (GVF). Skill development initiatives will also be undertaken in collaboration
with CarDekho brands to build entrepreneurial and technical capabilities among founders and startup teams.
Speaking on the occasion, Joint Secretary, DPIIT, Shri Sanjiv, said that connecting the expertise of leading
corporates with the innovation potential of Indian startups will unlock powerful solutions for mobility,
finance, and sustainability. He added that the partnership with CarDekho will create opportunities for
collaboration, capacity building, and market access across the country.
Co-founder & CEO, CarDekho Group, Amit Jain, said that the company is committed to co-creating with
India’s most promising startups and driving innovation that impacts millions. Partnering with DPIIT and
integrating with the Startup India platform, he said, will enable CarDekho to mentor, fund, and provide
market access to emerging entrepreneurs in mobility, fintech and beyond.
The MoU was signed by Director, DPIIT, Dr. Sumeet Jarangal, and Co-founder & CEO, CarDekho Group,
Amit Jain, in the presence of senior officials from both organisations.
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Abhishek Dayal/ Abhijith Narayanan/ Ishita Biswas
(Release ID: 2166779)