• Startups to Benefit from Paid Proofs of Concept and Market Exposure
• Startups Gain Access to Hero MotoCorp’s R&D Facilities and Mentorship
• Collaboration Focuses on Future Mobility, Clean Tech, and Deep Tech

The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Hero MotoCorp to support early stage startups through its ‘Hero For Startups’ innovation accelerator program. This collaboration, under the Startup India initiative, will focus on startups in areas like future mobility, clean technology, and deep technology. The goal is to help scale these startups and provide them with the necessary resources to grow.

Startups selected for this program will have access to Hero MotoCorp’s leading edge research and development (R&D) facilities in India and Germany. They will also benefit from the company’s extensive dealer network, suppliers, and partners, as well as receive valuable mentorship. Additionally, startups will have the opportunity to work on paid Proofs of Concept (PoCs), allowing them to test their innovations and gain crucial market exposure.

DPIIT Joint Secretary, Shri Sanjiv, expressed that this partnership will strengthen the government’s commitment to supporting product focused startups that solve India’s mobility challenges. Hero MotoCorp’s Executive Chairman, Dr. Pawan Munjal said the company sees itself as more than just an industry leader but as a nation builder aligned with the vision of Viksit Bharat 2047. “We believe India’s vibrant startup ecosystem is a vital force in shaping a self-reliant and globally competitive Bharat. Our partnership with DPIIT reflects our commitment to nurturing this entrepreneurial spirit,” he added.

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The MoU was signed by Dr. Sumeet Jarangal, Director of DPIIT, and Shri Utkarsh Mishra, Global Innovation Portfolio Lead at Hero MotoCorp. This collaboration is expected to foster innovation driven growth in line with India’s broader goals of Make in India, Atmanirbhar Bharat, and Viksit Bharat by 2047.