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India's Startups Prepare To Take Wing

The first season of ‘Leap To Unicorn’ launched by IDFC FIRST Bank in partnership with Moneycontrol and CNBCTV18, is set to empower the startup ecosystem

November 04, 2022 / 09:52 AM IST

The stage is set for Indian start-ups to become leaders of tomorrow.

Recognizing the crucial role start-ups play in creating employment and economic opportunities, the Government has launched the ‘Startup India’ Program under the Invest initiative to boost the growth of the startup ecosystem.

These great initiatives have been foundational in the creation of an ecosystem that includes nearly 79,000 startups across the country. But as startups begin to rise in different parts of the country, there is a need to look at their requirements differently and offer curated solutions to support their exponential growth.  Proactive measures are required on part of different stakeholders in the startup ecosystem, including financial institutions and government bodies.

IDFC FIRST Bank has showcased its commitment to support India’s startup story by creating FIRST WINGS, a dedicated banking service for startups, which offers startups curated financial solutions through their ‘Early’ and ‘Growth’ stages.