On October 9, 2025, Hong Kong and Shanghai Banking Corp Ltd (HSBC) India launched the HSBC Innovation Banking platform in Mumbai, Maharashtra. The initiative aims to support startups at all stages, from seed funding to IPO preparation, by providing USD 1 billion in non-dilutive debt funding, promoting India’s growing technology and venture ecosystem.
📚 Test Your Knowledge:
Which bank recently launched the “HSBC Innovation Banking” platform in India?
Correct Answer: HSBC India