IIITD-IC & YES Bank Signed MoU

Current Context: IIITD-IC and YES BANK have signed a Memorandum of Understanding (MoU) on August 10, 2023, to strengthen their partnership and support startups in various domains.

• The collaboration will also enable startups at IIITD-IC to perform better, generate revenues, register growth, and attract better talent.
• IIITD-IC is a section 8 company promoted by the Indraprastha Institute of Information Technology Delhi (IIITD), which aims to foster the growth of the startup ecosystem in the country.
• YES BANK is one of the first banks in India to develop a dedicated programme for startups called YES HeadStartup, which offers best-in-class banking facilities and solutions for startups.
• Through this partnership, IIITD-IC will be able to access experts, mentors, investors, and industry partners from YES BANK’s network, as well as benefit from the bank’s innovative offerings such as API banking, salary account proposition, and fungible limit for credit cards.

Question:

Q.1 What is the name of the programme that YES BANK has developed for startups?
a. YES StartUp
b. YES HeadStartup
c. YES BankStart
d. YES StartHead