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Tech: TDB-Shell to promote innovation in economy

PhonePe will provide DPIIT-recognised startups with a range of benefits The Department for Promotion of Industry and Internal Trade (DPIIT) has signed Memoranda of Understanding (MoUs) with PhonePe and Shell India Pvt Ltd on 19 August 2026 to strengthen support for DPIIT-recognised startups and promote innovation across key sectors of the economy. The partnerships are aimed at enhancing access to technology, digital infrastructure, mentorship, market opportunities and industry networks, while fostering a robust, inclusive and self-reliant startup ecosystem in the country, the Ministry of Commerce and Industry said on 20 Aug. Under its collaboration with DPIIT, PhonePe will provide DPIIT-recognised...

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