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DBS Bank India announces $250 million lending support for start-ups, ‘new economy’ companies

DBS Bank India announced a lending commitment of USD 250 million for new-age start-ups, demonstrating its dedication to fostering innovation and entrepreneurship in India’s thriving start-up ecosystem. With over 90,000 start-ups and more than 100 unicorns in India as of 2024, access to capital remains a significant challenge for these companies despite their growing resilience.

Initiative Overview:

  • DBS Bank India earmarks USD 250 million for lending support to start-ups.
  • Focuses on enterprises leveraging emerging technologies to redefine industry standards.
  • Aims to address the ongoing challenge of capital accessibility for start-ups in India.

Advanced Risk Assessment Framework:

  • Combines traditional metrics with modern analytical tools for risk assessment.
  • Ensures a balanced approach to financing start-ups.

Tailored Banking Solutions:

  • DBS Bank India delivers customized banking solutions tailored to the needs of start-ups.
  • Evaluation process ensures solutions match the dynamism of industry innovators.

Exclusive Benefits for Start-ups:

  • Offers exclusive benefits curated from various partners to bolster agility and growth.
  • Initiatives like DBS Businessclass FoundED engage with start-ups and incubators across India.

About DBS Bank:

  • Leading financial services group in Asia with a presence in 19 markets.
  • Recognized for global leadership and innovation in digital banking.
  • Committed to responsible banking and sustainability initiatives.

DBS Bank India’s Presence:

  • Operating in India for 29 years, providing banking services to enterprises and consumers.
  • First large foreign bank in India to operate as a wholly owned, locally incorporated subsidiary.
  • Network of approximately 530 branches across 19 Indian states.

DBS Bank India announces $250 million lending support for start-ups, 'new economy' companies_4.1