LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Small Business News

BSE, HDFC Bank sign MoU to spread awareness about Startup platform

The objective behind this memorandum is to raise awareness of the benefits the start ups can avail by getting listed in the BSE's Startup platform.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
BSE, HDFC Bank sign MoU to spread awareness about Startup platform
By getting listed, the start ups get to raise equity capital for their growth and expansion. Photo: Pixabay
Written By: ZeeBiz WebTeam
Updated: Tue, Apr 09, 2019
10:21 am
Mumbai, ZeeBiz WebDesk
RELATED NEWS
Aatmanirbhar Bharat; Vocal For Local: Eyeing offline expansion! Greyweave to invest this amount in Jaipur and Bengaluru Aatmanirbhar Bharat; Vocal For Local: Eyeing offline expansion! Greyweave to invest this amount in Jaipur and Bengaluru
After Neo Banking in 2020, 2021 belongs to Hybrid Banking? What is it? Its advantages? Demands of customers? All you need to know After Neo Banking in 2020, 2021 belongs to Hybrid Banking? What is it? Its advantages? Demands of customers? All you need to know
EXPLAINED: Here is how investors can add value to startups beyond the investments EXPLAINED: Here is how investors can add value to startups beyond the investments
How was the year 2020 amid Covid-19? Startups share opinions How was the year 2020 amid Covid-19? Startups share opinions
StartupLanes presents 10 most promising startups of December 2020 StartupLanes presents 10 most promising startups of December 2020

The world's fastest exchange BSE recently signed a memorandum of understanding with HDFC bank. The objective behind this memorandum is to raise awareness about the benefits start ups can avail by getting listed in BSE's Startup platform. The Asia's oldest stock exchange BSE, had launched the Start Up platform on December 22, 2018 , with the aim to encourage entrepreneurs and start ups to get listed in the platform. By getting listed, the start ups get to raise equity capital for their growth and expansion. This further will ensure that more start ups come up and maintain their stature.

BSE will provide the following benefits to the startups once they get listed in the Start up platform:

  • Develop awareness of BSE's Startup platform amongst HDFC Bank's portfolio of startups. Also, extend value-added support for eligible startups, along with BSE for the listing
  • Offer Banking and Lending solutions to eligible start-ups already listed or due-to-list on BSE Startup platform
  • Ability to access capital via BSE's Startup platform in turn will enable startups to access growth capital and enhance tradability of an otherwise illiquid/ high-risk investment asset class.

On the development of the collaboration, Ajay Kumar Thakur, Head BSE SME & Start Up said," BSE is the first exchange to have launched the Start Up platform. The idea was to help entrepreneurs look beyond the conventional channels of raising capital and enable them to list on the stock exchange to further enhance the credibility of the firm. While we have conducted numerous seminars in Tier 1, 2 and 3 cities on the benefits of listing on the BSE Start Up platform, we believe by associating with a leading bank like HDFC that boasts of a large network, presence and Start up base would enable more firms to choose our platform and raise funds as well as improve productivity"

Adding to the association with BSE,  Smita Bhagat, Country Head – Government, e-commerce and Start-ups, HDFC Bank, said, “This is part of our commitment to the larger cause of strengthening the Startup community/ecosystem in the country. Startups are today reimagining and reshaping the world we live in. We are already partnering with them by mentoring them and giving them a chance to work with us. We are extremely happy to reinforce our commitment to them through this partnership with BSE”.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
StartupsBSEHDFC Bank
RELATED NEWS
Aatmanirbhar Bharat; Vocal For Local: Eyeing offline expansion! Greyweave to invest this amount in Jaipur and Bengaluru Aatmanirbhar Bharat; Vocal For Local: Eyeing offline expansion! Greyweave to invest this amount in Jaipur and Bengaluru
After Neo Banking in 2020, 2021 belongs to Hybrid Banking? What is it? Its advantages? Demands of customers? All you need to know After Neo Banking in 2020, 2021 belongs to Hybrid Banking? What is it? Its advantages? Demands of customers? All you need to know
EXPLAINED: Here is how investors can add value to startups beyond the investments EXPLAINED: Here is how investors can add value to startups beyond the investments
How was the year 2020 amid Covid-19? Startups share opinions How was the year 2020 amid Covid-19? Startups share opinions
StartupLanes presents 10 most promising startups of December 2020 StartupLanes presents 10 most promising startups of December 2020

LATEST NEWS

Mumbai-Ahmedabad Bullet Train: Tech bids open for bridge project - Check latest news development

Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more

LIVE: IIT JEE Mains 2021 Result February - Date, time, declaration on NTA website direct link jeemain.nta.nic.in, download answer key, score checking and more

COVID-19: India records 18,711 new cases

ITC Share Price: Experts give 'share to buy' tag; predicts up to 25% profit in three months

Super hi-tech driverless pod taxis for Noida Aiport! Check Yogi Adityanath government's big plans for Jewar

Stock Market Outlook: Focus will be on these - Check what share bazaar experts, analysts opined

REVEALED! What gave a massive 400% jump to FDI in computer software, hardware during Apr-Dec 2020

Twitter CEO and billionaire Jack Dorsey puts his 1st tweet on sale, bid reaches Rs 2 cr

Stock Market Outlook: Anil Singhvi reveals Nifty, Bank Nifty support range, says investors should trade keeping volatility in mind

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved