IndusInd Bank has entered into a strategic partnership with AIC STPINEXT, a special purpose vehicle of Software Technology Parks of India (STPI), operating under the Ministry of Electronics and Information Technology (MeitY). The collaboration is formalized through the signing of a Memorandum of Understanding and aims to bolster the start-up and MSME ecosystem in India.
This partnership is focused on delivering comprehensive financial support, expert mentorship, and structural guidance to early-stage start-ups and MSMEs associated with STPI/STPINEXT. By leveraging the unique strengths of both institutions, the initiative is set to nurture innovation and foster long-term, sustainable growth in the technology and entrepreneurial sectors.
As part of the agreement, IndusInd Bank will offer a suite of customized banking solutions designed to ease financial management for emerging businesses.