In a bid to tap into emerging fintech ideas, HDFC Bank is planning to partner with 50 technology and business schools. The objective is to identify potential fintech ideas at incubation and entrepreneurship cells in these institutes at a nascent stage, and help them evolve into a consumer-ready product.
The bank will use its domain expertise to mentor start-ups on customer experience, reduce time to market and costs. The start-ups will get the bank’s platform to test their ideas in the real world, in addition to expert insights, and knowledge.
Moreover, the bank has announced a tie-up with IIT-Bombay and IIT-Roorkee as part of the industry-academia partnership effort.
