Ministry of Commerce & Industry press release · 26 March 2026 · pibtracker filter

DPIIT signs MoU with a digital entertainment company to support startups and strengthen innovation ecosystem

PRID2245607 MinistryMinistry of Commerce & Industry Released Reading8 min

Posted On: 26 MAR 2026 1:38PM by PIB Delhi In a significant step towards strengthening India’s startup and innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with a digital entertainment company to support startups, innovators, and entrepreneurs across the country. The collaboration aims to foster the growth of product startups working in areas such as digital entertainment, online gaming, esports, interactive media, and artificial intelligence-driven technologies. It seeks to enable startups to develop scalable and industry-relevant solutions through structured industry engagement. As part of the initiative, startups will be provided access to mentorship, industry insights, knowledge exchange platforms, and curated engagement opportunities. The partnership will also facilitate startups in achieving key milestones such as Proof-of-Concept (PoC) development, market access, and integration into industry ecosystems, wherever feasible. Speaking on the occasion, Joint Secretary, DPIIT, Shri Sanjiv stated that the collaboration represents an important step towards strengthening India’s digital and creative economy. He noted that such partnerships enable startups to innovate, scale, and build globally competitive solutions in emerging technology domains. Under this collaboration, DPIIT will work with KRAFTON India Pvt. Ltd. to explore the organisation of innovation challenges under the Bharat Startup Grand Challenge, along with targeted hackathons, workshops, and masterclasses across domains such as game design, animation, immersive technologies, esports management, and artificial intelligence applications. The collaboration will also facilitate industry interactions, knowledge exchange, and exposure to global best practices. Selected startups may gain opportunities for pilot collaborations, with potential for further engagement based on outcomes. Additionally, the initiative will support ecosystem-building through outreach efforts and participation in Startup India programmes to enhance engagement across the startup landscape. The MoU was signed by Deputy Secretary, DPIIT, Shri T. L. K. Singh and Head of Government Relations, KRAFTON India Pvt. Ltd., Shri Vibhor Kukreti, in the presence of senior officials from both sides. *** Abhishek Dayal/ Garima Singh/ Ishita Biswas (Release ID: 2245607) Visitor Counter : 1089 Read this release in: Urdu , हिन्दी , Marathi , Punjabi , Gujarati , Telugu Ministry of Commerce & Industry DPIIT signs MoU with a digital entertainment company to support startups and strengthen innovation ecosystem Posted On: 26 MAR 2026 1:38PM by PIB Delhi In a significant step towards strengthening India’s startup and innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with a digital entertainment company to support startups, innovators, and entrepreneurs across the country. The collaboration aims to foster the growth of product startups working in areas such as digital entertainment, online gaming, esports, interactive media, and artificial intelligence-driven technologies. It seeks to enable startups to develop scalable and industry-relevant solutions through structured industry engagement. As part of the initiative, startups will be provided access to mentorship, industry insights, knowledge exchange platforms, and curated engagement opportunities. The partnership will also facilitate startups in achieving key milestones such as Proof-of-Concept (PoC) development, market access, and integration into industry ecosystems, wherever feasible. Speaking on the occasion, Joint Secretary, DPIIT, Shri Sanjiv stated that the collaboration represents an important step towards strengthening India’s digital and creative economy. He noted that such partnerships enable startups to innovate, scale, and build globally competitive solutions in emerging technology domains. Under this collaboration, DPIIT will work with KRAFTON India Pvt. Ltd. to explore the organisation of innovation challenges under the Bharat Startup Grand Challenge, along with targeted hackathons, workshops, and masterclasses across domains such as game design, animation, immersive technologies, esports management, and artificial intelligence applications. The collaboration will also facilitate industry interactions, knowledge exchange, and exposure to global best practices. Selected startups may gain opportunities for pilot collaborations, with potential for further engagement based on outcomes. Additionally, the initiative will support ecosystem-building through outreach efforts and participation in Startup India programmes to enhance engagement across the startup landscape. The MoU was signed by Deputy Secretary, DPIIT, Shri T. L. K. Singh and Head of Government Relations, KRAFTON India Pvt. Ltd., Shri Vibhor Kukreti, in the presence of senior officials from both sides. *** Abhishek Dayal/ Garima Singh/ Ishita Biswas (Release ID: 2245607) <span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">In a significant step towards strengthening India’s startup and innovation ecosystem, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with a digital entertainment company to support startups, innovators, and entrepreneurs across the country.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The collaboration aims to foster the growth of product startups working in areas such as digital entertainment, online gaming, esports, interactive media, and artificial intelligence-driven technologies. It seeks to enable startups to develop scalable and industry-relevant solutions through structured industry engagement.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">As part of the initiative, startups will be provided access to mentorship, industry insights, knowledge exchange platforms, and curated engagement opportunities. The partnership will also facilitate startups in achieving key milestones such as Proof-of-Concept (PoC) development, market access, and integration into industry ecosystems, wherever feasible.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Speaking on the occasion, Joint Secretary, DPIIT, Shri Sanjiv stated that the collaboration represents an important step towards strengthening India’s digital and creative economy. He noted that such partnerships enable startups to innovate, scale, and build globally competitive solutions in emerging technology domains.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Under this collaboration, DPIIT will work with KRAFTON India Pvt. Ltd. to explore the organisation of innovation challenges under the Bharat Startup Grand Challenge, along with targeted hackathons, workshops, and masterclasses across domains such as game design, animation, immersive technologies, esports management, and artificial intelligence applications.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The collaboration will also facilitate industry interactions, knowledge exchange, and exposure to global best practices. Selected startups may gain opportunities for pilot collaborations, with potential for further engagement based on outcomes.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Additionally, the initiative will support ecosystem-building through outreach efforts and participation in Startup India programmes to enhance engagement across the startup landscape.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The MoU was signed by Deputy Secretary, DPIIT, Shri T. L. K. Singh and Head of Government Relations, KRAFTON India Pvt. Ltd., Shri Vibhor Kukreti, in the presence of senior officials from both sides.</span></span></p> <p style="text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><img alt="A group of people standing in a roomAI-generated content may be incorrect." src="https://static.pib.gov.in/WriteReadData/userfiles/image/image00155XN.jpg" style="height:714px; width:751px" /></span></span></p> <p style="text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">*** </span></span></p> <p style="text-align:justify"><strong><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Abhishek Dayal/ Garima Singh/ Ishita Biswas</span></span></strong></p> " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; 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For UPSC

DPIIT–KRAFTON India MoU signed March 2026 focuses on digital entertainment, online gaming, esports, and AI startups; note the specific partnership model linking government innovation promotion with private industry mentorship platforms.