HDFC Bank said it is partnering with the Indian Institute of Management, Ahmedabad (IIM-A) to launch its first regional DIS Summit, a platform for startups to showcase their innovations to power the bank’s growth. Nitin Chugh, country head – Digital Banking at the bank, said after successfully having the DIS Summit at the national level for 3 successive years, the bank is launching its first regional summit in Ahmedabad. More than 150 startups have participated and out of that the bank has selected 24 for the final three, he added. Chugh said apart from entries from Ahmedabad, Surat, Vapi and Vadodara, start-ups from Israel and Poland have also participated. The Centre for Innovation, Incubation and Entrepreneurship (CIIE) at IIM-A will help the bank identify potential fintech ideas in its incubation and entrepreneurship cell in its initial phase. Another partner in the summit is 91springboard, a platform for stakeholders like start-ups, corporates and the government to have successful ventures.
