WHAT THEHEEBEE SAYS ABOUT AXIS Bank – Startup Social:
Its an era of Startups in India. Availability of skilled and enthusiastic minds, support from the government, funding from investors and the increased risk-taking abilities have been a major factor that India continues to be a hotbed for startups.
Some important points to know:
- The year has seen an addition of over 1,000 startups.
- This bolsters India’s position as one of the leading startup ecosystems across the world.
- The total number of technology startups in the country is now over 5,000.
- Along with technology startups, startups in other sectors such as Healthcare, and Education and Logistics have also gathered pace.
In this whole ecosystem of startups, the missing part was a platform for startups to network and share knowledge. Axis Bank has filled this void by launching “Axis Start-up Social” at Bengaluru on 15-Dec-2017.
Axis Bank, India’s third largest private sector bank has launched an exclusive networking property, Axis Start-up Social, at a ‘one-of-its-kind’ event aimed at supporting the country’s startup ecosystem. ‘Axis Start-Up Social’ went ‘live’ on December 15th, 2017 at a gathering of the country’s leading startup players in Bengaluru.
The objective of this platform is to provide an opportunity for startups to network and share knowledge. Significantly, this initiative firmly underlines the Bank’s unflinching commitment towards providing multiple opportunities for startups in India to thrive and scale to the next-level-of-growth. 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. Many leading names among the start-up community converged at the launch.
Speaking about the initiative, Sidharth Rath, Group Executive, Corporate & Transaction Banking, Axis Bank said, “Axis Start-up Social is a platform through which we hope to provide the much required, ‘extra edge’ to the start-up community by hand-holding them, sharing knowledge and providing the required financial solutions. Today, the Indian ecosystem is flooded with innovative ideas but what is missing is the presence of the right channel and guidance in terms of acceleration, scaling up and funding. Through Axis Start-up Social, we endeavor 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 event was addressed by Mr. Vivek Gupta of Licious Foods who shared insights about startup business and how critical it is for startups to get the needed support. The event saw the presence of 100 startup founders who got a chance to network after the talks.
The audience was also entertained by the talented comedian Vikram Poddar who burst the audience into laughter.
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