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Startup And Fundraising 4 October 2026

IIT Drishti & IFCI Venture Sign MoU to Boost Indore Startups

IIT Drishti and IFCI Venture Capital have signed an MoU to co‑fund Indore startups and give them market access, linking with government‑backed financing. The alliance seeks to speed growth, draw investment and bolster the city’s innovation network.

IIT Drishti and IFCI Venture Capital have signed an MoU to co‑fund and give market access to startups in Indore, tying in government‑backed financing schemes.

  • Goal: accelerate growth of local innovators.
  • Benefit: easier access to capital and larger market networks.
  • Focus: linkages with central funding programs and mentorship.

For full details see the Free Press Journal article.

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