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RBL Bank to fund MSMEs under InFinIT20

RBL Bank has collaborated with Startup India and Invest India to mentor and provide funds to the startups under their InFinIT20 initiative, which is a 3-month intensive program where RBL Bank will provide funding and mentorship opportunity to 20 promising startups for their early stage hurdles. The initiative aims to empower and educate companies while driving sustainable economic growth. InFinIT20 will also channel opportunities to generate large scale employment opportunities in sectors like insurance technology, wealth management, agri-finance, financial inclusion, artificial intelligence, blockchain etc. Rajeev Ahuja, ED, RBL Bank, said with InFinIT20, the bank will provide its domain expertise through seven years of engagement with startups and help them in achieving their goals by employing the best financial tools, resources and technology.

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