Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
HSBC commits $1-B in loans to fund Indian startups
Hong Kong and Shanghai Banking Corp Ltd (HSBC) has pledged USD 1 Billion to fund Indian startups through loans under its innovation banking platform.The bank will provide short-term working capital and term loans to early- and late-stage growth startups. HSBC also provides funding to venture capital and domestic private equity funds in India.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.