HDFC Bank has announced the winners of its fourth edition of SmartUp Grants 2021.
Twenty one startups working in the social sector were selected through a rigorous screening process from 300 applications received across the country.
These grants are aimed to nurture start-ups offering unique solutions to harbinger sustainable change in society and the environment. These grants have been offered under the aegis of #Parivartan, the umbrella program for the bank’s social initiatives.
The bank instituted SmartUp grants in 2017 and over the past 4 years it has supported 87-number of startups from various cities across India. Startups working in the fields of education technology and skill development were given priority. To shortlist and mentor the winners, the bank partnered with nine incubators such as IIT Delhi, AIC-Bimtech, IIM Kashipur, IIT BHU, Banasthali University, C-CAMP, GUSEC, T –Hub and Villgro. In the past four years the bank has disbursed grants worth ₹19.4 crore.
