HDFC Bank to disburse Rs 20 cr to startups by March

Key Highlights

• “Parivartan Startup Grants has evolved as a benchmark in the industry that works closely with institutions to support innovation addressing clearly identified social and environmental challenges,” HDFC Bank Deputy Managing Director Kaizad Bharucha said.
• The focus is on further deepening sector engagement, strengthening ecosystems, and building institutional capacity to enable startups receive sustained and structured support, he said.
• Since its inception in 2017, Parivartan Startup Grants programme has supported about 500 startups, including 87 startups in FY25 alone, through partnerships with more than 130 incubators across India, it said.
• Cumulatively, the programme has deployed over Rs 85 crore in grant funding, with nearly 40 per cent of supported startups originating from Tier II and Tier III cities, it added.
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