HDFC Plans To Invest Rs 100 Crore Per Year In Tech Startups: Deepak Parekh – BloombergQuint

HDFC will set up a dedicated team with an understanding of the startup ecosystem to do the investments, he said.
Parekh’s annoucement comes at a time when there is a lot of focus on the policy front to encourage startups with an objective of encouraging innovation and creating employment opportunities. Many corporate entities, including the country’s largest lender State Bank of India, have been creating in-house funds to invest in startups.