Hong Kong and Shanghai Banking Corporation Limited, India (HSBC India) has announced USD 250 million in lending support for high-growth, technology-led start-ups in India, which has the world’s third-largest start-up ecosystem. HSBC will administer the lending via its commercial banking division. It has also not mentioned any specific timeframe for disbursal of the amount.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
HSBC stated that the lending will be done to high-growth, tech-led startups in the third largest startup ecosystem in the world. HSBC has prepared a credit model and offerings to suit the specific requirements of a wide spectrum of startups and new-age entities, ranging from growth stage to unicorns.
Important takeaways for all competitive exams:
Malaysia has placed the district of Serian in the state of Sarawak in an emergency…
Nvidia has entered into a deal to buy Hugging Face for $12.93 billion, signifying a…
The foreign exchange reserves of India have surged $11.475 billion to reach an all-time high…
Ig Nobel Prize 2026 once again honored scientific research that might seem odd at first…
Teachers’ Day 2026 offers a chance to honor those teachers who influence our thought process,…
Teachers’ Day 2026 will be celebrated in India on September 5 which is the birth…