IDFC First Joins Hands with NASSCOM

Published on December 10, 2022
Current Context: The IDFC First Bank partnered with the National Association of Software and Service Companies (NASSCOM) Centre of Excellence (CoE) to promote the startup ecosystem.
IDFC First Joins Hands with NASSCOM
  • The IDFC First, in collaboration with the NASSCOM CoE, will work to grow the innovation ecosystem and guide startups via a range of banking solutions.
  • Through this partnership agreement, IDFC First will offer various products and solutions including:
  1. Zero balance startup current account
  2. Business credit cards
  3. Working capital solutions for pre-profit startups
  • The NASSCOM CoE will in turn assist the bank with its technology along with domain expertise.
  • The NASSCOM CoE and IDFC First will jointly carry out various initiatives such as:
  1. Investor Connect
  2. Knowledge-Sharing Sessions
  3. Tech Conclaves
  • IDFC First Bank is a financial services company that was established in 2018 with its headquarters in Mumbai. The current MD & CEO of the company is V Vaidyanathan.
  • NASSCOM is a non-governmental trade association that was established in 1988 with its headquarters in New Delhi. The current Chairperson of the association is Krishnan Ramanujam.

Question:

Q.1 Recently NASSCOM CoE partnered with which of the following bank to promote the startup ecosystem?
a. IDFC First
b. IDBI
c. HDFC
d. ICICI

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