The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Featured

HDFC Bank partners with Startup India for Parivartan SmartUp Grants

by TLN Team December 13, 2022December 13, 2022
written by TLN Team December 13, 2022December 13, 2022
HDFC Bank partners with Startup India for Parivartan SmartUp Grants

HDFC Bank today announced the launch of its sixth annual grants program for social startups in partnership with the Government of India’s flagship initiative ‘Startup India’. Known as Parivartan SmartUp Grants, the program aims to identify startups working in the social impact space and support them through monetary grants to their incubators.

The grants have been offered under the aegis of Parivartan, the umbrella name for the bank’s social initiatives. So far, the bank has disbursed over Rs 30 crore to more than 45 incubators which supported over 165 start-ups working in areas like environment, agri-business, ed-tech, waste management, healthcare, and skill development sectors.

The bank has been enabling startups through its state-of-the-art SmartUp program, which provides specialised banking and value-added services to entrepreneurs. It aims to assist start-ups in achieving their goals through the bank’s well renowned and highly advanced smart financial tools, advisory services,
and technology.

“As of FY22, through our various CSR initiatives, we have impacted the lives of over 9.6 crore people across the country. We aim to achieve positive change in people’s lives through direct and indirect interventions through Parivartan, empowering them to become self-sufficient and integrated into society. We are proud to announce our partnership with Startup India for our 6th Parivartan SmartUp Grants which would help socially conscious businesses to achieve their vision and mission,” said Nusrat Pathan, Head – ESG & CSR, HDFC Bank.

“The Indian Government and Incubators have played a crucial role in creating an ecosystem that helps entrepreneurs through their journey. When the problem statement is a social objective or cause, the battle is more arduous, to say the least. The last 5 years through the SmartUp grants program we have made some contribution towards bridging the funding gap for these social-impact startups. With the 6th edition, along with our incubator partners and support from Startup India, we strive to create more efficient and effective outcomes for all,” said Neha Agrawal, Head – Venture Investments, Structured Finance & CSR for Startups HDFC Bank.

This year the bank will also focus on building capacities of incubators and startups working in tier-II & III cities. Through selected incubator partners, the bank will fund social impact startups developing solutions in environmental conservation, affordable healthcare, sustainable rural economy, technologies for better governance, economic growth of SMEs, gender diversity & inclusion space.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Chandru Iyer appointed as British Trade Commissioner for South Asia
next post
Mah legislature’s session from Dec 19

You may also like

Crystal Crop acquires Sadanand Cotton Seeds from Kohinoor...

October 2, 2023

Wockhardt Hospitals initiative Walkathon and Zumba session on...

October 2, 2023

ICICI Prudential Life Insurance tops the life insurance...

October 2, 2023

HQ Premium Stationery launches special ‘Khadi’ cover journals...

October 1, 2023

Winners Revealed at the 5th World Coffee Conference...

September 30, 2023

Amazon Festive Sale will be Live Soon!

September 29, 2023

Flipkart The Big Billion Days sale 2023: Motorola...

September 29, 2023

How Two-Wheeler Loans Impact Your Credit Score

September 29, 2023

HDFC Bank helps over 5,400 households fight water...

September 28, 2023

Varanium Cloud Ltd’s Rs. 49.46 crores Rights Issue to open on September 28,

September 26, 2023

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

Trending News

  • MS Swaminathan, eminent agricultural scientist, passes away

    September 28, 2023
  • Heavy Rain – Alert by NMC

    September 23, 2023
  • Holiday announced for schools & colleges in Nagpur district

    September 23, 2023
  • DCM Devendra Fadnavis is continuously monitoring the heavy rain situation in Nagpur.

    September 23, 2023
  • Streets, Houses Submerged After Heavy Rain In Nagpur

    September 23, 2023

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us

© 2020 - The Live Nagpur . All Rights Reserved.