HYDERABAD, May 13: HDFC Bank Monday said
three start-ups from the city – Loop Reality, BluSapphire and
Appnovation Technology – were declared winners at its regional
Digital Innovation Summit (DIS).
According to a press release from HDFC Bank
WorkApps, a start up from Pune was the fourth winner picked by
the bank after the one-day event held here.
DIS is a platform launched by HDFC Bank for
start-ups from across the globe to showcase their innovations.
The participants were from the domains of cyber
security, augmented and virtual reality, artificial
intelligence, machine learning and rural agriculture, among
others.
These solutions could power the banks next phase
of growth.
These start-ups will get a chance to deploy their
innovations within HDFC Bank, after further evaluation on
technical, business, security, and compliance parameters, it
said.
Country Head Digital Banking, HDFC Bank Nitin
Chugh said DIS is a marriage of disruptive technologies from
start-ups and HDFC Bank’s customer focus.
“The objective of the Digital Innovation Summit in
Hyderabad is to have at its disposal a pool of cutting-edge
world technology solutions. Its gratifying that we had over
130 companies applying to participate in the summit,” he said.
Over 130 entrepreneurs applied to participate in
the summit and 23 start-ups were shortlisted to present their
ideas. (PTI)
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