HDFC Bank, Atal Innovation Mission empower social sector startups with Rs 19.6 crore grants.

Economy Business

HDFC Bank on Wednesday said it supported social sector startups in India with grants worth Rs 19.6 crore in FY24, in partnership with Atal Innovation Mission (under NITI Aayog). In FY 2023-24, 170 social start-ups received funding via 41 incubators, with a total of Rs 19.6 crore in the ‘Parivartan Start-up Grants programme.’ The focus areas for the 2024 grants included climate innovation, financial inclusion, agriculture and sustainable rural economy, accessible and affordable healthcare, education and livelihood enhancement, gender diversity and inclusion.


      HDFC Bank supported social sector startups in India with grants worth Rs 19.6 crore in FY24.

      170 social startups received funding through 41 incubators under the 'Parivartan Start-up Grants programme.'

      Focus areas for the grants included climate innovation, financial inclusion, agriculture, healthcare, education, and gender diversity.

 

     


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CHAIRMAN - Deepak Parekh
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