Yes Bank through its banking proposition for startups, YES:HeadStartup, has partnered with Karnataka Biotechnology & Information Technology Services (KBITS), a dedicated ‘Karnataka Startup Cell’ set up by Department of Information Technology, Biotechnology and Science & Technology, Government of Karnataka, as a one-stop shop for the provision of assistance to startups with respect to information on regulatory environment, networking with industry bodies and academic institutions in addition to other operational assistance.
Through this partnership, the Bank will provide full service banking services to startups incubated by KBITS. The partnership aims to create a culture of Fintech entrepreneurship.
Yes Bank is India’s fifth largest private sector Bank and has built significant expertise as a preferred host country bank for Multinational Corporations seeking to do business in India.