JPMorgan India Plans Expansion in Startup Banking, Confirms CEO Chawda

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Mumbai: JPMorgan India plans to scale up its startup banking division to serve over 100 companies in the coming years, aiming to strengthen its foothold in India’s rapidly growing tech sector.

According to Pranav Chawda, CEO of JPMorgan Chase Bank India, the bank launched its “innovation economy” initiative in the U.S. around five to six years ago before expanding globally. In India, the initiative began 30 months ago and currently supports around 50 startups.

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JPMorgan India Plans Expansion in Startup Banking, Confirms CEO Chawda

Mumbai: JPMorgan India plans to scale up its startup banking division to serve over 100 companies in the coming years, aiming to strengthen its foothold in India’s rapidly growing tech sector.

According to Pranav Chawda, CEO of JPMorgan Chase Bank India, the bank launched its “innovation economy” initiative in the U.S. around five to six years ago before expanding globally. In India, the initiative began 30 months ago and currently supports around 50 startups.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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