The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with the professional networking platform Apna to enhance talent acquisition for government-registered startups. The partnership is designed to empower startups by offering access to Apna’s hiring tools and tailored talent pools.
Under the MoU, startups registered with DPIIT will receive credits worth ₹2,000 each on Apna’s platform, enabling job postings and access to targeted talent pools. According to an official statement, these credits represent a cumulative value exceeding ₹140 crore, based on the 7 lakh startups already registered on DPIIT’s Bhaskar platform. The initiative is expected to significantly enhance hiring efficiency and job matching for startups.
As the number of registered startups continues to grow, the value of this collaboration is projected to reach ₹300 crore. By leveraging Apna’s comprehensive hiring tools, startups will gain better access to skilled talent, fostering efficiency and productivity in the recruitment process.
The partnership between DPIIT and Apna reflects a commitment to supporting India’s thriving startup ecosystem. By providing hiring credits and tools, the initiative seeks to streamline recruitment for startups, ensuring access to the right talent for sustainable growth.
The initiative’s value is projected to grow with the increasing number of startups in the ecosystem.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Published on: Jan 24, 2025, 3:43 PM IST
Team Angel One
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