Axis Bank has come out with ‘Axis Startup Social, an exclusive networking property, aimed at supporting the startup ecosystem in the country. The platform will provide an opportunity for startups to network and share knowledge. This is in line with the bank’s commitment towards providing multiple opportunities for startups in India to thrive and scale to the next level of growth. The bank had recently set up an innovation lab, Thought Factory, which looks to aid startups to expand, besides opening avenues with potential investors and companies. Besides, it has also introduced an Axis Startup Banking product earlier this year, which is bundled with all key technology-enabled products and caters comprehensively to the banking needs of startups. Speaking about the initiative, Sidharth Rath, group executive, Corporate & Transaction Banking at the bank, said the bank hopes to use this platform to provide the much required, ‘extra edge’ to the startup community by handholding them, sharing knowledge and providing the required financial solutions.
