DPIIT and Tally Solutions Collaborate to Mentor Emerging Manufacturing Startups

New Delhi, India – December 19, 2024: In a bid to virtually empower startups in the manufacturing sector, the Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with Tally Solutions Pvt Ltd, a renowned leader in business management software.

Pertinently, this strategic partnership is aimed at introducing a comprehensive, module-based workshop series, tailored to address critical challenges faced by startups in areas such as financial management, compliance, marketing, digitization, and investment preparedness.

Dwelling on the wider horizon of this unique initiative, Joint Secretary Startup India Shri Sanjiv said that it would certainly go a long way in empowering startups with deep insight and practical tools to navigate the complexities of today’s business scenario far ahead of merely a training program .

“Ultimately, our aim is to put in place a viable ecosystem where innovation thrives, contributing to India’s frontal position of Startup in entrepreneurship and economic growth across the globe .”

Underscoring the need of this useful collaboration , Director Startup India, Dr. Sumeet Kumar Jarangal said that Startup India’s partnership with Tally Solutions ushers a paradigm shift to empower startups in creating synergies for a strong foundation to achieve sustainable businesses in highly competitive markets both within the country as well as globally.

Outlining his vision for brighter prospects of DPIIT’s ambitious project Startup India, Dr. Jarangal said through expert-led sessions and hands-on training, we will be well equipped to address the key challenges such as financial management, compliance, and process digitization. By equipping startups with practical knowledge and tools. Adding further he said this collaboration will help the startups to streamline their operations, enhance efficiency, and prepare them for growth in a result oriented manner.

Reiterating his commitment on behalf of DPIIT , Dr. Jarangal said we are working day in and night out to create a thriving ecosystem to enable startups to transform their innovative ideas into successful businesses. Furthermore, our efforts are gradually bearing fruits as Indian Srartup movement has now emerged on a strong footing from its formative stage with the passage of time under the strong leadership and dedication of our Prime Minister.

Commenting on the partnership, Shri Tejas Goenka-MD from Tally Solutions Pvt Ltd said “Supporting Indian entrepreneurs is crucial for unlocking the country’s growth potential. At Tally, we focus on equipping entrepreneurs with the right tools, technology, and knowledge to help them grow their businesses. The effort that DPIIT has been making to support this ecosystem has been incredible, and we are proud to partner with them to support entrepreneurs in their journey.”

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