Yes Bank starting its startup incubation program in collaboration with T Hub and Anthill Ventures

Yes Bank, India’s youngest private sector bank, has selected 12 startups for its business accelerator program. The accelerator program, setup in collaboration with T Hub and Anthill Ventures, will help the selected startups to grown in their respective financial technology domain such as payments, lending, credit scoring, cybersecurity, artificial intelligence and blockchain among others. The final 12 startups were selected from the top 35 startups who showcased their solutions to the Yes Bank leadership team over a two-day pitching session.

The accelerator timeframe will include a 15 week program which will involve 3 week onsite interactions at Mumbai and Hyderabad and 12 weeks offsite interactions, wherein the selected start-ups can continue to work from the home location. Yes Bank will provide them guidance from industry experts, and help them integrate their systems with the bank’s platform and also give them access to their network of customers.

Rana Kapoor, Yes Bank’s CEO, said that “Yes Fintech Accelerator takes forward YES BANK’s A.R.T model – Alliances, Relationships Technology to provide innovating banking solutions to our customers and provides startups a platform for creating sustainable and market ready products. We believe that the 15 week program will provide an ideal springboard for these 12 startups to graduate from innovative products to scalable businesses with access to Yes Bank’s digital banking infrastructure as well as our robust customer network”.