Axis bank launches a networking event for Indian startups

BENGALURU: As traditional banks get further closer with the startup ecosystem of the country, private sector lender Axis Bank is organising a networking event for Indian entrepreneurs where they can share knowledge and also get assistance from th banking ecosystem.

Calling it ‘Axis Start-up Social’ the event will go live in Bengaluru on December 15 with a gathering of the country’s leading startups.

“We hope to provide the much required, ‘extra edge’ to the start-up community by handholding them, sharing knowledge and providing the required financial solutions,” said Sidharth Rath, Group Executive, corporate and transaction banking, Axis Bank. “Through Axis Start-up Social, we endeavour to create an ecosystem to encourage innovation and the next-level- of-growth opportunities to start-ups that are ready to take that leap.”

The unveiling of ‘Axis Start-up Social’ comes close on the heels of the launch of the bank’s innovation lab, Thought Factory, which looks to aid startups to expand, besides opening up avenues with potential investors and companies. The Bank also launched its Axis Startup Banking product earlier this year, which is bundled with all key technology enabled products and caters comprehensively to banking needs of startups.