HDFC Bank has unveiled a banking solution service ‘SmartUp’ for startups to fulfill all their banking needs. The bank has unveiled this service in association with Zone Startup India (ZSI) which is Mumbai-based start-up accelerator. SmartUp is tailored to meet all the requirements of a startup, offering banking and payment solutions, along with advisory and forex services. This initiative is part of a larger effort by the bank to create an ecosystem to nurture the spirit of innovation and enterprise in the startup space.
HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 32 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. As of June 30, 2015, the bank had a distribution network with 4,101 branches and 11,962 ATMs.
