DPIIT partners Rukam Capital to bolster product startups

The union government’s department for promotion of industry and internal trade ( DPIIT ) has signed a memorandum of understanding (MoU) with New Delhi-based early-stage venture capital firm Rukam Capital and non-profit Bootstrap Incubation & Advisory Foundation .Under the partnership, the organisations will develop dedicated programmes to fuel the growth of product startups, innovators and entrepreneurs across the country. They will be provided with resources such as infrastructure, mentoring and funding opportunities.This collaboration is also expected to assist startups with prototype development and international expansion.