The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with leading fintech platform Razorpay to provide end-to-end support for startups across India.
The collaboration aims at building financial infrastructure, simplifying startup onboarding, and accelerating growth, especially for early-stage ventures and entrepreneurs from Tier 2 and Tier 3 cities.
What is ‘Startup Sahayak’?
‘Startup Sahayak’ is a dedicated digital platform designed to provide comprehensive support to early-stage founders.
The platform will provide:
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Company incorporation assistance
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Access to central and state government schemes
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Guidance on funding opportunities and compliance
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Structured support for navigating the startup ecosystem
By integrating multiple services into a single interface, Startup Sahayak would reduce entry barriers and simplify the entrepreneurial journey.
Honoured to partner with DPIIT and Startup India to empower the builders shaping India’s future.
At Razorpay, we’ve always believed that founders should spend less time navigating complexity and more time building what truly matters.
Through this collaboration with DPIIT and… pic.twitter.com/PzyJM7RL4p
— Razorpay (@Razorpay) March 27, 2026
Fintech-driven growth support for startups
The DPIIT–Razorpay partnership will help startups to leverage:
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Digital payment solutions and financial tools
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Scalable financial infrastructure
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Access to credits, incentives, and business tools
DPIIT-recognised startups will also gain from zero professional fees for incorporation services (excluding statutory charges), reducing the cost of formalisation.
Beyond financial support, the initiative will also support:
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Regular knowledge sessions via Startup India Hub on AI, marketing, product development, and finance
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Mentorship support, including pitch deck reviews and application guidance
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Access to curated founder communities for peer learning and networking
Razorpay CEO and Co-founder Harshil Mathur said, “With the rise of startups in Tier 2 and Tier 3 cities, there is a growing need for strong infrastructure, mentorship, and ecosystem support.”
The MoU was signed by T.L.K. Singh, Deputy Secretary, DPIIT, and Arif Khan, Chief Information Officer, Razorpay, in the presence of senior officials from both organisations.
“A big thank you to the DPIIT and Startup India for their constant support and encouragement in shaping a stronger, more inclusive startup ecosystem,” Razorpay said on X.
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