HSBC launches Innovation Banking in India, allocates $1 billion to support startups

October 9, 2025 1:36 PM

HSBC launches Innovation Banking in India, allocates $1 billion to support startups

HSBC India on Thursday announced the launch of its ‘Innovation Banking’ in India, which offers banking and financing solutions to support entrepreneurial businesses throughout their lifecycle, from seed to IPO, as well as their investors. The bank plans to allocate $1 billion in non-dilutive debt capital to support Indian startups. The funding targets growth of companies from early- to late-stage in scaling their operations without diluting equity, helping founders and investors to retain g...

Youth turning entrepreneurs with government-backed training & startup support

July 2, 2025 1:44 PM

Youth turning entrepreneurs with government-backed training & startup support

In a fast evolving economic landscape, youth entrepreneurship is fast gaining momentum, driven by government-backed initiatives focused on skill development and startup support. With various schemes in place and partnerships between local administrations and organizations like SkillingYou, young Indians are being equipped with practical training, business mentorship, and financial guidance. These efforts aim to foster self-reliance, reduce unemployment and encourage innovation at the grassroots...

Indian startups raise over $138 million this week

November 9, 2024 5:08 PM

Indian startups raise over $138 million this week

The Indian startup ecosystem raised over $138 million this week, encompassing three growth-stage fundings and 20 early-stage deals. At least 25 domestic startups raised a combined $138.7 million in funding, with fintech and deeptech startups leading the rounds, raising $50 million across two deals. Fintech startup Easy Home Finance secured $35 million in its Series B funding round, led by Claypond Capital and Sumitomo Mitsui Banking Corporation’s Asia Rising Fund. "This funding will propel ...