Parrami Finance Announces Working Capital Program for DPIIT-Recognized Startups

In order to empower start-ups by meeting their immediate financial needs and facilitating their smooth expansion, Parrami Finance recently unveiled the launch of its new working capital program designed especially for startups registered under the Department for Promotion of Industry and Internal Trade (DPIIT).

The procedure focuses on giving accessible, adaptable, and reasonably priced working capital loans to DPIIT-recognized start-ups that generate income in order to expand India’s entrepreneurial ecosystem and support the country’s ambition to become a global center for innovation.

Also read – NumberOne Academy Secures Pre-seed Funding

“We understand the unique challenges that startups face, especially in their early stages. With this new working capital program, we are committed to bridging the financial gap and equipping startups with the resources they need to innovate, grow, and succeed,” said Mr Kamal Mehta, Director of Parrami Finance Pvt Ltd.

Through initiatives like Startup India and Make in India, the Indian government is working to help the startup ecosystem, and this program supports such efforts. The project by Parrami Finance would supply much-needed funding, enabling startups to confidently handle market uncertainty, invest in expansion prospects, and cover operating costs.

Also read – Flo Mobility Raises Seed Funding Led by JIIF