The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed separate Memoranda of Understanding (MoUs) with HDFC Capital Advisors Limited and Roche Products (India) to support innovation and foster the growth of startups across key sectors.
Joint Secretary, DPIIT, Sanjiv noted that the partnership with Roche would offer guidance on regulatory pathways, intellectual property, and global health standards, along with opportunities for real-world validation. Capacity-building in Health Economics and Outcomes Research (HEOR), Good Clinical Practices (GCP), and patient engagement will also be a key focus area, the release notes.
The collaboration with HDFC Capital aims to support startups in the affordable housing and PropTech sectors. The partnership includes the H@ART Programme (HDFC Affordable Real Estate and Technology Programme), an initiative designed to improve efficiency and reduce costs in the residential real estate development cycle.
The programme aims to facilitate growth opportunities through linkages with the affordable housing developer ecosystem, strategic investments in emerging PropTech companies, and mentorship in collaboration with accelerators, academic institutions, and investors.
Managing Director and CEO, HDFC Capital Advisors Limited, Vipul Roongta said, “The Indian startup ecosystem has shown remarkable progress, and HDFC Capital is eager to play a pivotal role in accelerating innovation in affordable housing and PropTech, contributing to the nation's development goals.”
On the other hand, the MoU with Roche Products focuses on bolstering DPIIT-recognised startups working in critical therapeutic areas such as oncology, neurology, ophthalmology, haematology, and rare diseases.
Under this collaboration, Roche India will provide mentorship from global experts, support pilot and validation studies, and offer access to cutting-edge technologies, infrastructure, and international platforms to help scale promising innovations.
DPIIT said these partnerships reflect its commitment to building an inclusive, innovation-driven startup ecosystem aligned with the goals of Atmanirbhar Bharat and Viksit Bharat@2047.
