YES Bank, India’s 5th largest private sector bank, announced the launch of YES:Head-STARTUP; a full service banking proposition for tech or tech-enabled Start-ups, complemented by a first-of-its-kind privilege program.
In keeping with unique and specialized banking requirements of start ups, the YES:Head-STARTUP program will offer Customized Current Account, Innovative Digital & Cash Management Solutions, Comprehensive Trade-Forex Advisory Services, Dedicated ‘Start-Up’ focused Branches, Personal Banking Products / Credit Cards, Loan Products (Business & Personal) and Useful Alliances / Event Partnerships / Mentorship & Guidance Programmes for startups.
YES:Head-STARTUP clients will also get access to YES BANK’s seamless digital banking services which include India’s first UPI Banking platform and the award-winning API banking facility to enhance transactional efficiency.
Rana Kapoor, MD & CEO, YES BANK said, “The wave of new age Indian entrepreneurship is characterized by Design, Innovation and Creativity-led Entrepreneurship. At YES BANK, we believe that this phase of entrepreneurship in India can be furthered using the F.I.V.E. approach, which involves support at key life-stages of enterprises – Funding, Incubation, Vesting and Expansion. The ‘F.I.V.E.’ approach involves financial institutions at the fulcrum, delivering catalytic change by harnessing the power of entrepreneurship. The launch of YES:Head-STARTUP reinforces our unstinted commitment to nurturing and promoting entrepreneurship and innovation in India.”
In addition to comprehensive Banking services, YES BANK has partnered with marquee service providers in the startup space including Indian Angel Network (IAN), T-Hub, Registrationwala, Awfis, ISDI and VC Circle.
Source: Money Control
