Bengaluru, March 27, 2025 – The Government of Karnataka has reaffirmed its commitment to fostering a robust startup ecosystem by signing Memoranda of Understanding (MoUs) with eight leading industry players at the prestigious Elevate Felicitation Ceremony. These partnerships will further enhance the Karnataka Startup Booster Kit initiative, providing startups with access to essential tools and services at specially negotiated rates.
The strategic partners for this initiative include:
Infosys
Kotak Mahindra Bank
Tally Solutions Pvt Ltd.
PayU
Rx100 Startups
OneXtel
Legal Life Line
SKEIN TECHNOLOGIES
The Startup Booster Kit is designed to equip emerging startups with a comprehensive suite of software tools and business services, addressing critical operational needs such as financial management, legal support, digital payments, and cloud solutions. These industry-backed resources aim to accelerate startup growth while optimizing costs, enabling young enterprises to scale efficiently in a competitive market.
Speaking at the ceremony, government officials emphasized that these partnerships will provide startups in Karnataka with world-class support, further solidifying the state’s position as a premier innovation hub in India. The initiative is expected to drive entrepreneurial success, attract investment, and boost the overall startup landscape in the region.
With this latest move, Karnataka continues to lead the way in nurturing startups and fostering innovation-driven economic growth, ensuring that new-age businesses receive the necessary support to thrive in a dynamic business environment.
