DPIIT partners with Rukam Capital and Bootstrap Incubation to boost India’s startup ecosystem

Department for Promotion of Industry and Internal Trade (DPIIT) announced a partnership with Rukam Capital and Bootstrap Incubation & Advisory Foundation to propel the holistic growth of India’s startup ecosystem. 

According to DPIIT, the collaboration formalized through a Memorandum of Understanding (MoU), is aimed at creating dedicated programs and initiatives that empower product startups, innovators, and entrepreneurs across the country. 

Providing access to critical resources

Their efforts will include providing access to critical resources such as infrastructure, mentor networks, funding opportunities, market linkages, and an extensive knowledge repository.

Additionally, they will guide startups in achieving key milestones such as prototype development and offer strategic support for international expansion.

Leadership comments

Speaking on the occasion, Sanjiv, Joint Secretary, DPIIT said this collaboration with Rukam Capital and Bootstrap Incubation & Advisory Foundation is about building a stronger foundation for product startups in India. By combining industry expertise, capital, and strategic mentorship, we are creating an environment where innovators can turn ideas into market-ready solutions.

Pointing out further, Sanjiv said that Bootstrap Incubation & Advisory Foundation and Rukam Capital have committed to establishing focused programs designed to nurture product startups and innovators, which will certainly help the budding entrepreneurs to enormously excel in their respective fields. 

Meanwhile, Archana Jahagirdar, Founder and Managing Partner of Rukam Capital, added, “This partnership represents a pivotal step in strengthening India’s startup ecosystem. Together, we aim to provide entrepreneurs with the tools, mentorship, and opportunities they need to innovate and scale their ideas, contributing to the country’s economic growth and global competitiveness”