DPIIT, CarDekho Partner to Boost Startups in Mobility and Fintech

September 15, 2025

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What the Agreement Covers

The Indian government’s Department for Promotion of Industry and Internal Trade (DPIIT), under the Startup India initiative, has signed a Memorandum of Understanding (MoU) with CarDekho Group.

This partnership aims to strengthen India’s startup ecosystem, especially in mobility, fintech, insurtech, and emerging technology sectors.

Startup India-recognised startups will gain mentorship, better market access, technology infrastructure, and potential funding opportunities through CarDekho’s broad platform network.

What Startups Will Get

Under the MoU, startups will have access to CarDekho’s various brands and platforms, including CarDekho itself, InsuranceDekho, rupyy, BikeDekho, ZigWheels, Revv, PowerDrift, CollegeDekho, and Crack-ED.

They will also be able to participate in innovation challenges under the Bharat Startup Grand Challenge, receive domain-specific mentorship from CarDekho’s leadership, and explore co-investment via the Girnar Vision Fund (GVF).

Startups will receive domain-specific guidance from CarDekho’s leadership network, enhancing their strategic direction.

Additionally, skill development initiatives will be undertaken to build entrepreneurial and technical capabilities among founders and startup teams.

Through the Girnar Vision Fund (GVF), CarDekho’s investment arm, startups will have access to co-investment opportunities, providing the necessary capital to scale their operations.

Implications for Startups

Faster Market Access: Startups can leverage CarDekho’s platforms (CarDekho, InsuranceDekho, rupyy, BikeDekho, ZigWheels, Revv, CollegeDekho, Crack-ED) to reach a wide customer base quickly.
Mentorship & Skill Development: Founders and teams receive guidance from industry experts and training programs to build technical and entrepreneurial capabilities.
Funding Opportunities: Startups can access co-investment through the Girnar Vision Fund (GVF) to scale operations.
Focus on Innovation: Participation in innovation challenges under the Bharat Startup Grand Challenge encourages solutions in mobility, fintech, insurtech, and sustainability.
Collaboration & Networking: The MoU fosters partnerships between corporates and startups, promoting knowledge sharing and commercialization of new ideas.
Sector Growth: Supports the growth of high-potential sectors like electric mobility, fintech, and sustainability-driven technologies in India.

[Credits for header image: TransBank
This content is for informational purposes only and does not constitute legal, financial, or investment advice. This has been constituted based on third-party sources. We do not assume any liability for actions taken based on this information.]