Axis Bank has partnered with internet giant Amazon’s Indian arm and also Singapore based Overseas Chinese Banking Corp’s unit to help Indian start-ups with their technology related questions.

The Bengaluru based centre called Thought Factory will help Indian start-ups interact with Amazon to get solutions to their questions regarding technology at no cost.

It has also partnered with global cards and payment company Visa to help start-ups drive innovation in payments.

“Our first batch of startups, due to join in September, will build interesting use cases for AI, Blockchain, Big Data Analytics, robotics and much more that can take consumer banking to the next level,” said Rajiv Anand, Executive Director at Axis Bank.

AISPL will also host events at Thought Factory for further engagement with startups.

“We are excited to partner with Axis Bank on the Thought Factory ‘Social’ and we see this as an opportunity to further promote the startup ecosystem by hosting interesting startup events, thought leadership talks, bootcamps, startup pitches, etc. Startups will also get to benefit from regular architecture review and Ask-an-architect sessions to improve their technology stack implementation”, said Bikram Bedi, Managing Director, AISPL, India.

Source: The Economic Times