In Bengaluru, Axis Bank has organized the networking event called “Axis Start-up Social”. The Axis Start-up Social is a networking event where Indian entrepreneurs can share knowledge and get assistance from the banking ecosystem. Before we go into details, I would like to share with you all that Axis Bank is the third largest private sector bank in the country and with this initiative Axis Bank supporting country’s startup ecosystem.
The Axis Start-up Social is in line with bank’s commitment towards providing multiple opportunities for startups in India so that they can scale it to next level of growth. The unveiling of “Axis Start-up Social” comes on the heels of the launch of the bank’s innovation lab, Though Factory, which looks to aid startups to expand, besides opening up avenues with potential investors and companies. The Bank also launched its Axis Startup Banking product earlier this year, which is bundled with all key technology-enabled products and caters comprehensively to banking needs of startups.
According to recent Nasscom reports, the year 2017 has seen an addition of over 1,000 startups making India’s claim stronger as one of the leading startup ecosystems across the world. This takes the total number of technology startups in the country to over 5,000, as per the Report. Importantly, while Technology continues to dominate conversations, startups in other sectors such as Healthcare, and Education and Logistics have also gathered pace.
Axis Bank will conduct series of event and the first Axis Start-up Social was conducted at WeWOrk Galaxy, Bengaluru on 15th December 2017. For your information, WeWork is a world-class co-working space and the Bengaluru WeWorks Galaxy is a state-of-art infrastructure. The event was divided into 3 parts and the founders of a couple of startups like Vivek Gupta (CEO, Licious foods) and Amit Rohatgi, Founder and CEO or Divrt were present during the event to share their experience and startup journey. The first part of the event consists of speeches from Mr. Vivek Gupta & Mr. Amit Rohatgi.
Mr. Vivek Gupta from Licious foods shared his experience in the success of his meat delivery startup catering the needs of people and value of a repeat customer.
Mr. Amit Rohatgi from Divrt shared his journey and focused on the importance of execution, adaptability, and teamwork.
After gaining so much information in the first session, the second part consists of start-up comedy session by Vikram Poddar. This session was funny and has the knack of mix comedy with real corporate world experience.
The last session is all about networking opportunity for the new age entrepreneurs followed by some drinks and food.
Overall, all I can say, it’s a great initiative by Axis Bank and witnessed the kick-off of Axis Start-up Social.
Speaking about the initiative, Sidharth Rath, Group Executive, Corporate & Transaction Banking, Axis Bank said:
“We are excited to launch Axis Start-up Social, a platform through which we hope to provide the much required, ‘extra edge’ to the start-up community by hand-holding them, sharing knowledge and providing the required financial solutions. Today, the Indian ecosystem is flooded with innovative ideas but what is missing is the presence of the right channel and guidance in terms of acceleration, scaling up and funding. Through Axis Start-up Social, we endeavor to create an ecosystem to encourage innovation and the next-level-of-growth opportunities to start-ups that are ready to take that leap.”