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Axis Bank to Practice Learnings from Accelerator Project
July 31, 2017
Private lender Axis Bank is preparing to incorporate solutions received from its Accelerator Project through the participating startups in areas pertaining to operational efficiency, lending, and tax planning.
Axis Bank ran its first accelerator program with six start-ups- Gieom, FintechLabs, Pally, Pymatrix, Perpule, and S2Pay. These start-ups helped the lender get proof of concept solutions which it now intends to put to practice.
Axis Bank executive director Rajiv Anand said that the developed solutions are exclusive to the bank, although the engaged startups are free to partner with others.
