The Division for Promotion of Trade and Inside Commerce (DPIIT) on Saturday mentioned it has joined fingers with enterprise debt agency Stride Ventures to help excessive progress potential startups of their funding necessities. It mentioned this collaboration can be instrumental in creating monumental alternatives for startups by integrating monetary help with strategic mentorship and market access.The division mentioned Stride Ventures will give thrust “on figuring out startups with excessive progress potential, providing funding, market entry, and coverage help.”
“Moreover, the initiative will create consciousness about numerous fundraising devices, together with enterprise debt, to allow startups cherish their progress aspirations,” DPIIT mentioned.
Startups from tier-2 and tier-3 cities will obtain focused steering, mentorship, and entry to a worldwide mentor community to help their scaling journey.
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Stride Ventures will curate devoted programmes and collaborate on engagements just like the Bharat Grand Challenge to advertise entrepreneurship, innovation, and funding.
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