Latest news with #IndusStartUpBanking
News18
11-08-2025
- Business
- News18
Punjab & Sind Bank launches PSB Naari Shakti to empower women
New Delhi, Aug 11 (PTI) Punjab & Sind Bank on Monday announced the launch of 'PSB Naari Shakti', a special savings account initiative aimed at empowering women with comprehensive financial and health benefits, available in two variants. The two variants — PSB Pink and PSB Smile — offering exclusive advantages that support women's aspirations, well-being, and economic independence, the state-owned bank said in a statement. Key features of the PSB Naari Shakti initiative include cancer cover up to Rs 10 lakh and group accidental insurance coverage up to Rs 20 lakh, ensuring health protection for women account holders, it said. In addition, beneficiaries will receive complimentary annual preventive health check-ups and tele-consultation services, promoting regular health management, and easy access to medical advice, it said. ****** Mahindra Finance, ICICI Lombard enter partnership for motor insurance distribution * Mahindra & Mahindra Financial Services Ltd has joined hands with ICICI Lombard General Insurance (ICICI Lombard) to distribute motor insurance products to its customers. The collaboration aims to provide accessible, tailored insurance solutions by combining Mahindra Finance's extensive rural and semi-urban reach with ICICI Lombard's expertise in motor insurance, as per a joint statement issued on Monday. The tie-up will also help drive financial inclusion by reaching Mahindra Finance's wider customer base with timely and relevant insurance solutions, it said. ****** IndusInd Bank launches 'Indus StartUp Banking' to empower founders * Private sector lender IndusInd Bank on Monday announced the launch of 'Indus StartUp Banking', a comprehensive banking programme designed to empower early-stage startups in India. Through this initiative, the bank will provide a full-stack of banking facilities, credit, and beyond-banking services to support new-age ventures from inception to scale, the bank said in a statement. With over 1.75 lakh DPIIT-recognised startups, India is home to the third-largest startup ecosystem globally, it said. Through this programme, IndusInd Bank seeks to partner with the founders to offer flexible and customised solutions that will enable them to focus on building their core business, while the bank takes care of their operational and financial needs, it said. PTI DP TRB TRB TRB view comments First Published: August 11, 2025, 20:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Economic Times
11-08-2025
- Business
- Economic Times
IndusInd Bank to provide 360-degree financial support to startups under its new programme
Synopsis IndusInd Bank launched 'Indus StartUp Banking' on August 11, 2025, a comprehensive program to support early-stage startups in India. The initiative offers banking facilities, credit, and beyond-banking services, including current accounts, API access, and premium lounge access. Startups under 10 years old can apply, benefiting from customized solutions and strategic partnerships. Reuters IndusInd Bank on Monday announced the launch of 'Indus StartUp Banking', to provide a full-stack of banking facilities, credit, and beyond-banking services to support new-age ventures from inception to scale. The programme by the private lender will provide a host of services including Startup Current Accounts with a 3-year waiver on non-maintenance charges, access to 250+ APIs via a developer portal, payments and collections solutions, corporate salary accounts for employees, and beyond-banking services for tax filing and legal advisory services, HRMS and ESOP management, said the press statement. Startups will have access to premium PIONEER lounges in Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune, Chandigarh, Jaipur, and Kolkata, providing a space to host meetings with clients and investors. The program also includes exclusive PIONEER personal banking benefits and expert-led sessions for apply for the programme, startups under 10 years of vintage (in existence) can apply via the lender's website page or by emailing at 'Our offering is designed to simplify day-to-day operations, reduce financial friction, and provide startup founders a platform to scale confidently. As India's startup ecosystem continues to drive innovation and economic transformation, IndusInd Bank is proud to play a key role in nurturing their journey," said Soumitra Sen, Head of Consumer Banking & Marketing, IndusInd startup ecosystem is poised for rapid expansion, with the number of startups projected to double from 1.2 lakh in 2023 to 2.4 lakh by 2030, as per a report by executive search firm Longhouse. This growth is expected to drive a surge in high-value enterprises, with the number of unicorns, or startups valued at over $1 billion, likely to increase from 120 currently to 280 by the end of the decade. The report estimates that the startup ecosystem could generate as many as 50 million jobs by 2030. Of these, four to five million will be direct white-collar roles, another nine to 10 million will come from the gig economy, and an estimated 35 to 40 million will be indirect jobs across industries.
Time of India
11-08-2025
- Business
- Time of India
IndusInd Bank to provide 360-degree financial support to startups under its new programme
IndusInd Bank on Monday announced the launch of 'Indus StartUp Banking ', to provide a full-stack of banking facilities, credit, and beyond-banking services to support new-age ventures from inception to scale. The programme by the private lender will provide a host of services including Startup Current Accounts with a 3-year waiver on non-maintenance charges, access to 250+ APIs via a developer portal, payments and collections solutions, corporate salary accounts for employees, and beyond-banking services for tax filing and legal advisory services, HRMS and ESOP management, said the press statement. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Startups will have access to premium PIONEER lounges in Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune, Chandigarh, Jaipur, and Kolkata, providing a space to host meetings with clients and investors. The program also includes exclusive PIONEER personal banking benefits and expert-led sessions for founders. To apply for the programme, startups under 10 years of vintage (in existence) can apply via the lender's website page or by emailing at 'Our offering is designed to simplify day-to-day operations, reduce financial friction, and provide startup Live Events founders a platform to scale confidently. As India's startup ecosystem continues to drive innovation and economic transformation, IndusInd Bank is proud to play a key role in nurturing their journey," said Soumitra Sen, Head of Consumer Banking & Marketing, IndusInd Bank. India's growing startup ecosystem India's startup ecosystem is poised for rapid expansion, with the number of startups projected to double from 1.2 lakh in 2023 to 2.4 lakh by 2030, as per a report by executive search firm Longhouse. This growth is expected to drive a surge in high-value enterprises, with the number of unicorns, or startups valued at over $1 billion, likely to increase from 120 currently to 280 by the end of the decade. The report estimates that the startup ecosystem could generate as many as 50 million jobs by 2030. Of these, four to five million will be direct white-collar roles, another nine to 10 million will come from the gig economy, and an estimated 35 to 40 million will be indirect jobs across industries. Economic Times WhatsApp channel )
Business Upturn
11-08-2025
- Business
- Business Upturn
IndusInd Bank launches ‘Indus StartUp Banking' to support early-stage ventures
By Aditya Bhagchandani Published on August 11, 2025, 14:10 IST IndusInd Bank has introduced a dedicated programme called 'Indus StartUp Banking' aimed at providing comprehensive financial and operational support to early-stage startups in India. The initiative, announced on August 11, 2025, offers a 360-degree suite of banking, credit, and beyond-banking services to help founders focus on business growth. The programme includes startup current accounts with a three-year waiver on non-maintenance charges, access to 250+ APIs via a developer portal, free payment gateway and PoS installation, corporate salary accounts for employees, as well as value-added services like tax filing, legal advisory, HRMS, and ESOP management. Founders will also get exclusive access to PIONEER lounges in major cities for meetings with clients and investors. Soumitra Sen, Head – Consumer Banking & Marketing at IndusInd Bank, said the bank aims to act as a long-term partner in growth for entrepreneurs, simplifying operations and reducing financial friction. Startups under 10 years old can apply through the bank's website or via email. The bank has also partnered with AIC STPINEXT, DPIIT – Startup India, and IIM Lucknow EIC to strengthen its startup ecosystem engagement. As of June 30, 2025, IndusInd Bank serves around 42 million customers through 3,110 outlets and 3,052 ATMs, with a presence across 1.64 lakh villages in India. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
