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Axis Bank's new programme for startups

Last Updated 26 August 2016, 17:05 IST

The country’s third largest private lender Axis Bank, has partnered with Amazon Internet Services (AISPL) and Overseas-Chinese Banking Corporation (OCBC) Bank, to provide a three-month mentorship programme for startups in the FinTech domain.

Axis Bank President and Chief Information Officer Amit Sethi informed, “We have already received over 200 applications and we are in the process of scrutinising them. Our first batch of startups, due to join in September, will build interesting cases for AI (artificial intelligence), blockchain, big data analytics, robotics and much more that can take consumer banking to the next level.”

Axis Bank Executive Director Rajiv Anand said, “Our Thought Factory in Bengaluru (Diamond District) is equipped with state-of-the-art infrastructure and technology designed to foster entrepreneurship and innovation in banking and beyond.”

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(Published 26 August 2016, 17:05 IST)

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