Latest News | Business Briefs HDFC Bank to Disburse Grant of Rs 5 Cr to Startups
Get latest articles and stories on Latest News at LatestLY. HDFC Bank has decided to disburse a grant of Rs 5 crore to startups under a special programme to help new-age companies, officials said on Tuesday.
Mumbai, Feb 9 (PTI) HDFC Bank has decided to disburse a grant of Rs 5 crore to startups under a special programme to help new-age companies, officials said on Tuesday.
The largest private sector lender wants to focus on startups in education-technologies and skill development creating a social impact, as per an official statement.
It has invited applications from solo entrepreneurs for the programme and tied up with nine incubators to screen, mentor and monitor startups, it said.
This is the fourth edition of the programme and in the last three years, the bank has supported 70 startups having a social impact through grants.
* * * * * * * Google Cloud recognises Netmagic as managed service provider
* IT solutions provider Netmagic on Tuesday said it has been recognised as a managed service provider by Google Cloud, a long-time partner.
Through the strengthened partnership, it aims to accelerate cloud led transformation for enterprises with secure, scalable and agile cloud-based digital platforms, as per an official statement.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)