startup ecosystem: IIM Sambalpur, Apna.co enters R&D tie-up to support startup ecosystem

Apna.co has signed a memorandum of understanding (MoU) with the Indian Institute of Management (IIM), Sambalpur aimed at a strategic partnership to foster innovation, research and entrepreneurship through collaborative projects, according to a press statement from the jobs and professional networking platform.

The MoU was signed during the 100 Cube Startup Conclave organised by IIM Sambalpur.

The collaboration will explore a wide range of innovation and research areas, spanning textiles, arts and culture, agriculture, healthcare, financial and digital inclusivity, tribal entrepreneurship and sustainability.

The partnership will extend across industries, including technological research and development, sustainable solutions, fast-moving consumer goods, logistics and digital marketing, according to the statement.

Apna founder Nirmit Parikh said, “In today’s dynamic business landscape, collaboration is key to driving innovation and growth. Our partnership with IIM Sambalpur reflects our commitment to fostering entrepreneurship and driving positive change in the industry. Together, we look forward to creating transformative initiatives that benefit society at large.”

Mahadeo Jaiswal, director, IIM Sambalpur, said the collaboration will serve as a catalyst for the development of the entrepreneurial ecosystem and a collaborative effort towards ecosystem development. “Leveraging our collective strengths and resources, we will create a more robust and supportive environment for startups and entrepreneurs to thrive. This partnership marks a significant step towards fostering innovation and entrepreneurship, and we are excited about the transformative impact it will have on the industry,” he said.