New Delhi, Oct 23 (UNI) 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 ongoing efforts to build a vibrant and inclusive innovation ecosystem that empowers startups at every stage of their journey. By integrating policy, industry, and finance, we aim to strengthen the bridge between entrepreneu

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