January 4, 2205: Stride Ventures is launching a tailored program, the Bharat Grand Challenge to nurture its new partnership with The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry. The Venture Firm under this new collaboration announced today will provide strategic mentorship, with a goal to unlock significant opportunities for startups across various sectors, including manufacturing, consumer goods, B2B, and cleantech.
This move is not just a tactical alliance; it’s part of a larger, macroeconomic vision. Sanjiv, Joint Secretary of Startup India, emphasized that the partnership aligns with the Government of India’s broader economic agenda to foster innovation, entrepreneurship, and sustained economic growth. The collaboration is positioned as a catalyst for driving India’s ambition to be a global leader in innovation and manufacturing, supporting initiatives like Make in India and Make for the World.
Stride Ventures is set to take this collaboration further by launching tailored programs, such as the Bharat Grand Challenge, to enhance entrepreneurship, boost investment, and accelerate innovation.
Stride Ventures Big Push to Nurture Startups In Tier 2, 3 Indian Cities
In his statement, Ishpreet Singh Gandhi, Founder and Managing Partner of Stride Ventures, emphasized that this partnership would provide a new momentum for empowering Indian entrepreneurs. “With our billion-dollar commitment, we are determined to nurture startups and help them scale globally,” he said.
The focus will be on startups with high growth potential, particularly those from tier-2 and tier-3 cities, ensuring they receive targeted support in the form of funding, mentorship, and access to a global network. Furthermore, the initiative will raise awareness about venture debt as an alternative fundraising instrument, empowering startups to pursue their growth goals more effectively.
By fostering a robust ecosystem for Indian startups, this collaboration is set to unlock immense global potential, reinforcing India’s position on the global startup map.
