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HDFC Life, IvyCamp join hands to launch Futurance

HDFC Life Insurance Company has entered into a strategic partnership with IvyCamp, an arm of IvyCap Ventures Advisors, to launch HDFC Life ‘Futurance’, a program which aims to identify and work with startups that have built cutting edge products which could harness business opportunities in insurance value chain. This partnership is in line with IvyCamp’s ongoing efforts to create deeper connects, alliances and co-development opportunities between corporates and startups for mutual business benefits. The HDFC Life Futurance program, now live on, is scouting for startups working in emerging technologies. The selected startups, through the program, could also gain access to investment opportunities from HDFC Life and IvyCamp network. HDFC Life is looking for startups working in areas of artificial intelligence / machine learning, Blockchain, data sciences, augmented reality/ virtual reality, Internet of Things (IOT), Robotic Process Application (RPA) and computational linguistics amongst others. As part of this program, startups will get an opportunity to connect with HDFC Life’s leadership, collaborate with the business teams and commercialize their products. IvyCamp will leverage its global alumni network of 10,000 entrepreneurs, technologists, mentors, investors, corporate partners and accelerators to support startups in this program.

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