DPIIT signs startup MoUs with PhonePe and Shell India

DPIIT signed MoUs with PhonePe and Shell India to strengthen the startup ecosystem.

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Read the update, revise the key facts, then answer the MCQ to test recall.

The Department for Promotion of Industry and Internal Trade signed the agreements on 19 August 2026 to support DPIIT-recognised startups and promote innovation in key economic sectors.

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Important Points for Exam

Quick revision notes

1Agency: DPIIT
2Partners: PhonePe and Shell India
3Signed: 19 August 2026
4Goal: startup support and innovation

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1 MCQ

Q1. Which statement correctly describes “DPIIT signs startup MoUs with PhonePe and Shell India”?

Correct answer: C

The Department for Promotion of Industry and Internal Trade signed the agreements on 19 August 2026 to support DPIIT-recognised startups and promote innovation in key economic sectors.