States » EastPosted at: Jun 13 2025 6:52PM


IndusInd Bank signs MoU with IIM Lucknow Enterprise Incubation Centre

Kolkata, June 13 (UNI) IndusInd Bank has signed a Memorandum of Understanding (MoU) with the Enterprise Incubation Centre at Indian Institute of Management Lucknow (IIML-EIC) to empower startups through a combination of customised financial and innovation-led support solutions.
The MoU aims to support Indian startups across various stages and sectors by providing access to customised banking solutions, including cash management services, working capital support, and credit facilities, enabling them to manage their financial operations with greater efficiency.
In addition, startups will gain exclusive access to IndusInd Bank’s extensive network and strategic ecosystem partnerships, helping them enhance visibility, attract investments, and concentrate on innovation and scalable growth.
As part of the collaboration, IndusInd Bank will conduct a series of workshops and knowledge sessions to build startup capabilities across key financial areas. These sessions will cover the Basics of banking, Equity infusion, ESOP implications, Segment-based funding.
Additionally, the Bank will offer operational support, such as payroll and attendance management solutions to start-ups as a part of the MoU.
The Bank will also facilitate co-sponsorship opportunities for startup-focused seminars and conclaves organized by IIML-EIC.
The incubation centre will play a facilitative role by connecting startups to the Bank, sharing relevant details, and helping bridge access to the full range of services.
UNI PC BD
Tags: #IndusInd Bank signs MoU with IIM Lucknow Enterprise Incubation Centre
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