DPIIT and Kotak Mahindra Bank Sign MoU to Support Startups

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Kotak Mahindra Bank to enhance financial and non-financial support for startups in India. This collaboration aims to provide customized banking solutions, credit opportunities, and mentorship to foster an innovation-driven economy. The partnership will offer services such as zero-balance accounts, loans, digital payment solutions, and access to networks, empowering startups from ideation to market expansion.

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APEDA Launches First Sea Shipment of Botanical-Infused Millet Foods to New Zealand

The Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the maiden sea shipment of botanical-infused, ready-to-cook millet functional foods from Karnataka to New Zealand. This milestone underscores the expanding opportunities for India's millet-based agricultural exports, bolstered by participation in APEDA-supported international trade fairs. Source: Original Link