DBS Bank India announced a strategic partnership with StartupTN that is aimed at strengthening the entrepreneurial ecosystem and driving innovation within the State by providing crucial support to startups, including knowledge sharing through various forums and facilitating connections with potential investors.DBS Bank India aims to play a pivotal role with specialised offerings that include Zero AQB charges for the first two quarters, FDI Assistance, and API Banking for seamless financial management.
In addition, there are value-added services like Flexi Fixed Deposits and frictionless cross-border services for startups hoping to capitalise on global opportunities. Beyond banking solutions, it will also facilitate other services like trademark registration assistance to protect intellectual property, health and welfare packages for employees, and access to a venture intelligence platform for market insights.
As part of this collaboration, new-age companies associated with StartupTN will have an opportunity to connect with DBS Bank India’s network of over 30 accelerators, incubators and ecosystem enablers so that they can gain from being part of a larger entrepreneurial community.The partnership will impact and engage more than 1,000 Startups in Tamil Nadu through StartupTN’s eight regional hubs in metros, as well as Tier 2 & Tier 3 cities.