Axis Bank is set to incorporate solutions around lending, operational efficiency and tax-planning, which are developed by startups from the first cohort of its accelerator programme.
The bank, which ran its first accelerator programme with six startups, has selected three Pally, FintechLabs and Gieom -to use their solutions for its specific-use cases.
“We identified three proofs of concept of solutions that will help improve our processes and offer new products to our customers,“ said Rajiv Anand, executive director at Axis Bank. “While the startups are free to partner with others, the solutions developed with Axis Bank will be exclusive.”
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