Healthcare to Housing: DPIIT Signs Game-Changing Startup MoUs

In a major push to accelerate innovation across critical sectors, the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed two landmark Memorandums of Understanding (MoUs) with Roche Products (India) Pvt. Ltd. and HDFC Capital Advisors Limited. These strategic partnerships aim to empower Indian startups in healthtech, affordable housing, and PropTech, marking a significant step towards realizing the vision of Atmanirbhar Bharat and Viksit Bharat@2047.

Roche India-DPIIT MoU to Propel Healthtech Innovation

In a bid to strengthen India’s healthcare innovation ecosystem, DPIIT has joined hands with Roche India to support DPIIT-recognized startups working in high-impact therapeutic areas, including oncology, neurology, ophthalmology, haematology, and rare diseases.

Dr. Sumeet Jarangal, Director, DPIIT, and Rajwinder Mehdwan, Managing Director, Roche India, formally signed the MoU in the presence of senior officials. The partnership offers Indian startups access to global expertise, advanced technologies, and international platforms, alongside mentorship, pilot support, and regulatory guidance.

Joint Secretary, DPIIT, Sanjiv, underscored the transformative potential of public-private collaboration. “This partnership is crucial for fast-tracking disruptive health innovations and ensuring alignment with global health standards,” he said.

DPIIT and Roche will also focus on capacity-building in areas such as Health Economics and Outcomes Research (HEOR), Good Clinical Practices (GCP), and patient engagement.

Rajwinder Mehdwan highlighted the initiative’s patient-centric focus. “We aim to empower startups to develop scalable, sustainable, and accessible healthcare solutions tailored for India,” she noted.

This MoU cements DPIIT’s commitment to positioning India as a global hub for healthtech and biomedical innovation, while advancing inclusive, impact-driven entrepreneurship.

DPIIT Partners with HDFC Capital to Boost Affordable Housing and PropTech

In a parallel initiative, DPIIT has signed an MoU with HDFC Capital Advisors Limited to foster innovation in affordable housing and property technology (PropTech). The agreement focuses on promoting efficiency, cost reduction, and inclusivity in India’s housing ecosystem.

Mohammad Isharar Ali, Director, DPIIT, and Vipul Roongta, MD & CEO, HDFC Capital Advisors, signed the MoU in the presence of senior officials. At the center of this collaboration is HDFC Capital’s H@ART (HDFC Affordable Real Estate and Technology) Programme, which supports PropTech startups through funding, mentorship, and connections with developers, accelerators, and investors.

Joint Secretary Sanjiv said, “Partnering with HDFC Capital enables DPIIT to scale real-world innovation in housing and urban development—sectors vital to India’s growth story.”

Vipul Roongta reaffirmed HDFC Capital’s commitment to India’s startup ecosystem. “Our goal is to catalyze innovation that addresses housing challenges, enhances operational efficiency, and contributes to India’s developmental priorities,” he said.

DPIIT’s Innovation-First Agenda

These MoUs reflect DPIIT’s strategic focus on leveraging public-private partnerships to build a robust and resilient startup ecosystem. By targeting healthcare and housing—two sectors that directly impact millions—DPIIT continues to drive inclusive innovation and unlock opportunities for early-stage entrepreneurs.

As India eyes a $5 trillion economy, such collaborations lay the groundwork for a future defined by technology-driven solutions, global competitiveness, and grassroots impact.