IndusInd Bank Joins Hands with DPIIT to Fuel India's Startup Revolution

On May 20, 2025, IndusInd Bank signed a Memorandum of Understanding (MoU) with the Department for Promotion of Industry and Internal Trade (DPIIT) to support and strengthen India’s startup ecosystem. The collaboration brings together DPIIT’s Startup India mission and IndusInd Bank’s financial expertise to help startups, innovators, and entrepreneurs grow.

Tailored Banking Services for Startups

Under this partnership, IndusInd Bank will offer a range of financial services designed specifically for startups. These include:

• Cash management solutions
• Working capital support
• Credit and loan facilities

One of the highlights is access to collateral-free loans under the Credit Guarantee Scheme for Startups (CGSS). Recognized startups by DPIIT can now get loans with increased guarantee coverage of up to ₹20 crore.

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Easier Access to Credit

To further improve access to funding, the guarantee fees for startups in 27 Champion Sectors have been reduced. This makes it easier for startups to secure loans and invest in new technology, research, and manufacturing.

Creating a Strong Startup Ecosystem

This MoU is a major step toward building a complete financial and support ecosystem for Indian startups. By combining policy backing with smart financial tools, IndusInd Bank and DPIIT aim to help more startups become successful and globally competitive. The goal is to create more Indian unicorns and make India a global startup hub.

About IndusInd Bank

IndusInd Bank has been a leader in innovative banking for over 30 years. It offers a wide range of services to individuals, companies, government bodies, and PSUs. Its products include:

• Microfinance and personal loans
• SME financing
• Digital banking services
• Credit and debit cards
• Vehicle loans and NRI banking
• ESG-linked financial products

The bank also has offices in London, Dubai, and Abu Dhabi, supporting the Indian diaspora. As of December 31, 2024, it serves around 42 million customers through 3,063 branches and 2,993 ATMs, and reaches 1.6 lakh villages across India.

As of May 20, 2025, IndusInd Bank share price is trading at ₹782.20 per share, reflecting a decline of ₹1.85 or 0.24% on the day. The stock opened at ₹785.00 and has recorded an intraday high of ₹799.70 and a low of ₹780.25. The bank’s market capitalisation stands at ₹60,920 crore. It has a price-to-earnings (P/E) ratio of 8.40 and offers a dividend yield of 2.11%. 

Conclusion

This strategic collaboration marks a meaningful step towards empowering startups with the financial tools they need to scale and succeed. By aligning government support with innovative banking solutions, IndusInd Bank and DPIIT are paving the way for a new generation of Indian entrepreneurs to thrive on a global stage.

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