MeitY Startup Hub (MSH) has joined with the Startup Policy Forum (SPF) to encourage technological innovation and support deeptech startups.

The collaboration will concentrate on companies in several industries, including artificial intelligence, deep technology, and other developing technologies.

SPF will assist MSH with a number of projects, including joint research, policy analysis, and stakeholder engagement.

MSH, on the other hand, plans to support SPF’s efforts, such as TIDE 2.0 Centres, incubators, and Centres of Excellence. The government-run organization will also facilitate networking opportunities.

MeitY Startup Hub chief executive officer Panneerselvam Madanagopal said, “This partnership with the Startup Policy Forum aligns policy, innovation, and entrepreneurship to unlock that potential. By uniting diverse expertise across sectors, we aim to create new economic opportunities and establish India as a global technology leader.”

Meanwhile, Shweta Rajpal Kohli, president and CEO of the Startup Policy Forum, stated that AI and deeptech are not just the next step toward innovation, but also the foundation for future industry transformation. 

SPF, founded by Kohli in December 2024, is a startup organization dedicated to encouraging constructive collaboration among entrepreneurs, politicians, and regulators.

SPF’s initial members include companies and unicorns such as Razorpay, CRED, Pine Labs, Groww, Acko, OYO, Swiggy, Practo, Dream11, MPL, and others. 

Furthermore, SPF is actively working with government agencies such as the Department for Promotion of Industry and Internal Trade (DPIIT) to boost the Indian startup ecosystem.

SPF and DPIIT partnered in January to develop specialized immersive programs that link international investors with India’s flourishing startup scene.

Recently, the startup body conducted research on startup finance in partnership with the Indian Institute of Technology (IIT) Madras.

According to DPIIT data, India has more than 1.61 lakh startups as of January 31, 2025.

In the meantime, the government is launching a number of programs to support the expansion of the deeptech industry in the nation.

For example, Nirmala Sitharaman, the finance minister, stated in her budget address for the fiscal year 2025–2026 (FY26) that the government will consider creating a fund of funds (FoF) for the deeptech industry in order to assist the upcoming generation of companies.

Additionally, the Budget said that INR 20,000 Cr had been set aside to support research and innovation.

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