DPIIT and YES BANK Collaborate to Boost India's Startup Ecosystem

The Department for Promotion of Industry and Internal Trade (DPIIT) and YES BANK have partnered to strengthen India's thriving startup ecosystem. This collaboration is part of YES BANK's broader initiative, the Frictionless Finance Accelerator, which aims to empower fintech startups by addressing critical challenges and driving financial inclusion. The program, launched in collaboration with the Reserve Bank Innovation Hub (RBIH) and S.P. Jain Institute of Management and Research (SPJIMR), supports emerging technologies like digital lending and blockchain-based payments. This partnership underscores the government's commitment to fostering innovation and entrepreneurship, leveraging YES BANK's expertise to create a robust ecosystem for startups.

Source: SMEStreet, Express Computer, YES BANK Press Release