August 12, 2025

IndusInd Bank has cooked up something special for Indian startups! On August 11, 2025, the private bank launched 'Indus StartUp Banking', a vibrant program designed to help new-age businesses from day one to big scale-ups. Think of it as a one-stop-shop for banking and beyond. So, what’s on the plate? Startups get Startup Current Accounts with zero maintenance charges for 3 whole years! Yes, you read that right — no fees just because your account is new. Plus, the bank offers access to more than 250 APIs through a handy developer portal. This means startups can smoothly handle payments, collections, and get salary accounts for their employees without any fuss. And it doesn’t stop there. IndusInd is serving up beyond-banking goodies like tax filing help, legal advice, HRMS support, and even ESOP management. To top the experience, startups receive exclusive entry into fancy PIONEER lounges in hot startup hubs like Delhi-NCR, Mumbai, Bengaluru, Chennai, Pune, Chandigarh, Jaipur, and Kolkata. These plush spaces are perfect to impress clients and investors with great meetings! Soumitra Sen, the Head of Consumer Banking & Marketing at IndusInd Bank, said, "Our offering is designed to simplify day-to-day operations, reduce financial friction, and provide startup founders a platform to scale confidently. As India’s startup ecosystem continues to drive innovation and economic transformation, IndusInd Bank is proud to play a key role in nurturing their journey." Are you a startup under 10 years old? You can jump on board by visiting IndusInd’s website or simply emailing startup.banking@indusind.com. India’s startup scene is bursting with energy. According to a report by Longhouse, the number of startups in India is set to rocket from 1.2 lakh in 2023 to 2.4 lakh by 2030. The unicorn club is also getting bigger, with 280 companies expected by decade’s end, up from 120 now. This boom might create up to 50 million jobs, including millions of white-collar roles, jobs in the gig economy, and many indirect opportunities across industries. With IndusInd Bank’s Indus StartUp Banking program, India’s entrepreneurs are getting a fabulous partner to fuel their dreams. Ready to kickstart your startup success story?

Read More at Economictimes →

Tags: Indusind bank, Startup banking, Indian startups, Fintech, Business loans, Entrepreneur support,