What is the HDFC Bank Parivartan Startup Grants programme?

It's a grant program by HDFC Bank to support social impact-driven innovations by startups.

How much funding is HDFC Bank providing to startups in FY26?

HDFC Bank plans to disburse ₹20 crore to startups by March under the FY26 Parivartan Startup Grants.

Which sectors does the HDFC Bank startup grant program focus on?

The program supports sectors including climate innovation, agriculture, financial inclusion, and AI.

Home / Business and Economy / HDFC Bank Fuels Social Impact Startups with ₹20 Cr Grant

HDFC Bank Fuels Social Impact Startups with ₹20 Cr Grant

20 Jan

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Summary

HDFC Bank will grant ₹20 crore to support social impact innovations.
The program targets 10 initiatives in sectors like climate and finance.
Over 500 startups have been supported since the program's 2017 inception.

HDFC Bank Fuels Social Impact Startups with ₹20 Cr Grant

HDFC Bank has announced plans to disburse ₹20 crore by March as part of its FY26 Parivartan Startup Grants programme. This initiative is dedicated to supporting innovations with a strong social impact.

The program will champion ten strategic projects across priority sectors. These include climate innovation, agriculture, sustainable livelihoods, manufacturing, MSME innovation, financial inclusion, and gender diversity. Emerging fields like AI and deep technology are also targeted.

This incubator-led model leverages partnerships for program design, startup selection, and mentorship. HDFC Bank Deputy Managing Director Kaizad Bharucha highlighted its role in addressing social and environmental challenges.

Since 2017, the Parivartan Startup Grants have supported around 500 startups, including 87 in FY25. Cumulatively, over ₹85 crore has been deployed, with nearly 40% of beneficiaries hailing from Tier II and Tier III cities.

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