New Delhi: The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has entered into a Memorandum of Understanding (MoU) with ICICI Bank to extend structured support for startups across the country.
DPIIT ICICI Bank MoU: Startup Engagement Programme on Startup India Portal
Under the DPIIT ICICI Bank MoU, ICICI Bank will design and implement a Startup Engagement Programme hosted on the Startup India portal.
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The programme will be integrated with Startup India’s outreach initiatives to ensure greater visibility and adoption among DPIIT-recognised startups. Startup India will also facilitate communication, programme awareness, and connections for innovators across India.
DPIIT ICICI Bank MoU: Access to Accelerator, Mentorship, and Pilot Opportunities
As part of the collaboration, selected startups will gain access to ICICI Bank’s Mumbai-based accelerator facility, complete with dedicated workspace and a structured curriculum.
Startups will benefit from mentorship by industry leaders, pilot programme opportunities with ICICI Bank business units, and validation of their product-market fit.
The initiative also includes networking avenues with venture capitalists, investors, and potential clients, along with participation in innovation showcases and sector-specific workshops.
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Driving Growth of Product-Based Startups
The DPIIT ICICI Bank MoU focuses on scaling product-based startups by offering tailored engagement, business development guidance, and operational support. It aims to accelerate early- and growth-stage startups through ecosystem linkages and structured mentorship under the Startup India framework.
Speaking about the collaboration, Sanjiv, Joint Secretary at DPIIT, stated that the partnership with ICICI Bank is designed to create lasting impact through meaningful engagement with startups.
He emphasized that it opens new avenues of support for entrepreneurs building transformative solutions for India’s industrial and financial ecosystem.
ICICI Bank Ltd. (BSE: ICICIBANK, NSE: ICICIBANK, NYSE: IBN), one of India’s leading private sector banks, reported total assets of ₹21,23,839 crore as on June 30, 2025.
