IndusInd Bank Joins Hands with IIM Lucknow to Empower Startups

IndusInd Bank has entered into a strategic partnership with the Enterprise Incubation Centre at the Indian Institute of Management Lucknow (IIML-EIC). This collaboration aims to support startups in India by providing them with tailored financial solutions and guidance to foster innovation and scalable growth.

Supporting Startups with Tailored Banking Services

Under the Memorandum of Understanding (MoU), IndusInd Bank will offer startups across different sectors and stages a range of banking solutions. These include working capital support, credit facilities, and cash management services to help them run their financial operations smoothly.

Boosting Visibility and Investment Opportunities

The partnership also opens doors for startups to access IndusInd Bank’s broad network and strategic partners. This will improve their chances of attracting funding, increasing market visibility, and scaling their innovations more efficiently.

Workshops and Knowledge Sessions for Skill Building

To help startups strengthen their financial understanding, IndusInd Bank will conduct workshops and knowledge sessions. Topics will include the basics of banking, equity funding, ESOP handling, and funding options tailored to different business segments.

In addition to financial services, the Bank will also provide operational assistance, including payroll and attendance management tools. It will co-sponsor startup events and conclaves hosted by IIML-EIC, while the incubation centre will help connect startups with the bank.

About IndusInd Bank

IndusInd Bank is a leading private sector bank in India, known for its innovation and customer-centric approach. With a network of over 3,000 branches and ATMs, it serves 41 million customers, including individuals, businesses, and government entities. 

Also Read: Bajaj Finance Set June 16 as Record Date for Stock Split!

IndusInd Bank Share Price Movement

As of 1:29 PM on June 13, 2025, IndusInd Bank share price was trading at ₹815.55, down ₹14.35 or 1.73% for the day. The stock opened at ₹819.00 and touched an intraday high of ₹826.80 and a low of ₹813.05. The company has a market capitalisation of ₹63,540 crore, a price-to-earnings (P/E) ratio of 24.68, and has not declared a dividend yield. Over the past 52 weeks, the stock has reached a high of ₹1,550.00 and a low of ₹606.00.

Conclusion

This partnership between IndusInd Bank and IIM Lucknow’s incubation centre reflects a shared vision to strengthen India’s startup ecosystem. By blending financial expertise with innovation support, the initiative aims to accelerate startup growth, drive entrepreneurship, and contribute to India’s economic progress.

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