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HDFC Bank inks MoU with Gujarat’s i-Hub to support start-ups

HDFC Bank inks MoU with Gujarat’s i-Hub to support start-ups

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Ahmedabad: Continuing its efforts to support and mentor start-ups, HDFC Bank, India’s largest private-sector bank, has signed a Memorandum of Understanding (MoU) with i-Hub (Gujarat Student Start-up and Innovation Hub), a Gujarat Government– supported center to support student start-ups and innovations.

Located in Ahmedabad, Gujarat, i-Hub is a catalyst to boost the start-up ecosystem in the state by supporting the entrepreneurial spirit of the youth.

As part of this collaboration, HDFC Bank will provide end-to-end banking solutions and mentorship to the start-ups incubated at i-Hub.

Pinal Shah, Regional Head (Gujarat), HDFC Bank, and Hiranmay Mahanta, CEO, i-Hub, signed the MoU on Thursday, according to a press release here.

i-Hub is the fourth start-up incubator in Gujarat to sign an MoU with HDFC Bank. Recently, the bank collaborated with SASTRA, an incubator for defense and security start-ups affiliated with the Raksha Shakti University (RSU), Gandhinagar; Gujarat University Start-up and Entrepreneurship Council (GUJSEC), affiliated with Gujarat University; and the National Design Business Incubator (NDBI), attached to the National Institute of Design (NID), Ahmedabad.

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