BusinessGujaratHeadlineNationalTechnology

Razorpay Partners with MeitY Startup Hub to Boost Deep Tech Innovation in India’s Tier 2 & 3 Cities

Gujarat, Ahmedabad 23 May 2025: All startups associated with MSH will gain access to Razorpay Rize – benefit from the Incorporation Service, support for YCombinator applications, and Mentorship & Support from Razorpay Leadership & Infrastructure, among others.

In its commitment to support India’s startup ecosystem, Razorpay, India’s Leading Full-Stack Payments and Banking Platform for Businesses, announces a partnership with the MeitY Startup Hub (MSH), an initiative under the Ministry of Electronics and Information Technology. With this partnership, Razorpay and MSH, together, aim to empower the next wave of deep tech and emerging tech startups by providing them access to advanced fintech infrastructure, tailored mentorship, product credits, and an innovation-first ecosystem.

Commenting on the partnership, Arif Khan, Chief Innovation Officer at Razorpay, said, “Most transformative ideas often begin in unlikely places, with a lone founder solving a real problem, fueled by belief more than resources. But turning belief into a business takes more than just passion; it needs the right infrastructure, the wisdom of those who’ve walked the path, and a community that has your back. If we want to build for the next billion, we must empower the next million builders. This partnership with MeitY Startup Hub is about doing just that, giving early-stage founders the tools, authentic mentorship from those who’ve been there, and confidence to build boldly. Whether it’s the dreamer sketching wireframes at 2 AM or the doer pitching with a shaky voice and a solid vision, we’re here to help them scale with purpose, not alone, but supported at every step.”

MSH, a key pillar of India’s tech-forward vision, unites incubation centers, Centres of Excellence, and strategic stakeholders to accelerate the growth of high-impact, tech-driven startups. As India crosses the milestone of over 159,000 DPIIT-recognised startups and 1.6 million jobs created, MSH continues to drive this momentum, especially across Tier 2 and Tier 3 cities, by enabling startups to access mentorship, compliance support, scale sustainably, and build for the future.

This partnership is designed to support startups building transformative technologies in areas like AI, blockchain, robotics, IoT, and beyond – providing them the tools, networks, and backing to solve for India, and scale for the world.

Under this partnership, all startups associated with MSH will gain access to Razorpay Rize, the company’s flagship initiative dedicated to empowering early-stage startups.

Through Rize, Startup Founders will benefit from a seamless company incorporation experience, with priority support for registering as a Private Limited Company, Limited Liability Partnership (LLP), or One Person Company (OPC).

They will also gain access to a suite of founder-first resources designed to help formalize and grow their ventures with ease and efficiency. This includes support for Y Combinator applications, expert-led pitch deck reviews, comprehensive founder toolkits, and a dedicated content hub.

Every quarter, a cohort of startups, shortlisted by Rize, will also gain access to the exclusive Razorpay Rize Community with curated peer networks, mentorship with experts from Razorpay and the ecosystem, a verified founder directory, and invitation-only masterclasses focused on navigating the early stages of building and scaling a startup.

To further support operational readiness, startups will also receive exclusive credits across Razorpay’s product suite, including its payment gateway, business banking platform, and payroll management solution, providing them with the financial infrastructure to scale from day one.

Building on these offerings, the partnership will further equip MSH-associated startups with exclusive access to knowledge sessions from entrepreneurs who’ve navigated the real challenges of building businesses. These sessions will cover practical, high-impact topics such as marketing, accounting, and product development, curated and delivered by seasoned entrepreneurs and industry experts.

Shri Panneerselvam Madanagopal, CEO, MeitY Startup Hub (MSH), said, “As India advances toward becoming a global innovation powerhouse, it is critical that our startups grow with both agility and integrity. Our partnership with Razorpay will play a pivotal role in shaping this journey by empowering founders, especially in Tier 2 and Tier 3 cities, where access to capital, mentorship, and digital infrastructure is rapidly evolving, to build with speed and confidence. Peer learning and shared networks remain powerful enablers in navigating today’s complex innovation landscape. As MeitY Startup Hub pivots to become custodians of Deeptech, creators of capacity in emerging regions, and drivers of inclusive tech, partnerships like these will amplify our vision and accelerate impact-ensuring that startups scale not just fast, but with clarity, purpose, and resilience.”

This partnership is part of Razorpay’s broader effort to support entrepreneurs across India, across urban hubs and emerging cities. Beyond MeitY Startup Hub, Razorpay has partnered with state governments like Rajasthan, Assam, and Kerala to deliver region-specific programs tailored to local startup needs.

Razorpay’s approach to startup enablement is rooted in consistency and purpose. From founder-first products that streamline money movement and compliance, to programs like Rize, the Venture Investment Program, and campaigns such as Imagined Through AI and The Next Big Thing, the company continues to invest in the people behind the businesses.

#####

Related posts

Kiran Sewani’s Term as FLO Ahmedabad Chairperson Draws to a Close

newsbharatdaily

Hyatt Announces Signing of Grand Hyatt Shiwalik Hills, Set to be a Captivating Oasis in the Himalayas

newsbharatdaily

Hyatt Unveils ‘Hyatt SuperStars’- An Industry First Promotion to Celebrate Meeting, Event and Wedding Planners

newsbharatdaily

Leave a Comment