DPIIT Inks MoUs With Hero MotoCorp, Zepto To Support Early-Stage Startups

The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed two separate Memorandums of Understanding (MoUs) with Hero MotoCorp Limited and Zepto Private Limited to support and scale early-stage startups across different sectors.

- TBG NETWORK

According to an official notification on Tuesday, the ministry stated that under the Startup India initiative, DPIIT and Hero MotoCorp will work together through the company's innovation accelerator programme <Hero For Startups>. The collaboration will support startups focusing on the future of mobility, clean technology, and deep technology. Selected startups will get exclusive access to Hero MotoCorp's state-of-the-art research and development facilities in Germany and India, as well as the company's vast network of dealers, suppliers, and partners. They will also benefit from mentorship opportunities and have a chance to work on paid Proofs of Concept (PoCs), enabling successful pilots and valuable market exposure.