New Delhi, March 26, 2026: In a significant move to strengthen India’s startup and innovation ecosystem, the Department for Promotion of Industry and Internal Trade has signed a Memorandum of Understanding (MoU) with Krafton India Private Limited. The collaboration aims to support startups, innovators, and entrepreneurs across emerging digital sectors.
The partnership will focus on accelerating product startups working in digital entertainment, online gaming, e-sports, interactive media, and artificial intelligence (AI)-driven technologies. Through structured industry engagement, the initiative seeks to help startups scale operations and develop industry-relevant solutions.
Under this initiative, startups will gain access to mentorship, industry insights, knowledge-sharing platforms, and curated collaboration opportunities. The programme will also support key growth areas such as proof-of-concept (PoC) development, market access, and ecosystem integration.
A senior DPIIT official stated that such collaborations are crucial in strengthening India’s digital and creative economy, enabling startups to innovate, scale, and compete globally in emerging technology domains.
As part of the MoU, both organizations will explore organizing innovation challenges under the Startup India Grand Challenge, along with targeted hackathons, workshops, and masterclasses in areas such as game design, animation, immersive technologies, e-sports management, and AI applications.
The collaboration is also expected to enhance industry-academia interaction, facilitate knowledge exchange, and expose startups to global best practices. Selected startups may receive experimental support, with potential for continued engagement based on outcomes.
Additionally, the initiative will contribute to expanding participation in Startup India programmes, further strengthening the overall startup ecosystem in the country.
The MoU was signed by senior officials from both sides, marking another step toward fostering innovation-led growth in India’s rapidly evolving digital economy.
