RBL BANK’S INDIA STARTUP CLUB JOINS HANDS WITH AMITY INNOVATION INCUBATOR FOR ‘THE BIG PITCH 2.0’

RBL BANK’S INDIA STARTUP CLUB JOINS HANDS WITH AMITY INNOVATION INCUBATOR FOR ‘THE BIG PITCH 2.0’

~ Opportunity for incubation and services from Amity Innovation Incubator ~

~ Consulting support from Grant Thornton ~

 Bangalore : RBL Bank, one of the country’s fastest growing private sector banks, has announced the second chapter of its flagship event — The Big Pitch 2.0 — which aims to strengthen the startup ecosystem in India. The incubation and funding contest will be held at Amity University, Noida, on November 17, 2017.

The core idea behind the event is to provide startups and entrepreneurs a launch pad to pitch their ideas to angel investors, business incubators, management consultants and advisors. The startups and entrepreneurs will get an opportunity to engage with The Big Pitch’s knowledge partners in the field of fundraising, consulting, legal, technology, banking and finance, and taxation.

Amity Innovation Incubator, which has done a phenomenal job in providing incubation support across 17 locations in India, is the exclusive incubation partner for the event. Well-known early-stage investors such as Matrix Partners, Venture Catalysts and Unicorn India Ventures have also come on board to explore funding opportunities for seed and startup companies.

The first chapter of The Big Pitch, which was held in Bangalore in 2016, generated significant interest in the startup community across the country. Commenting on the event, last year’s winning team, Fourth Ambit, a specialist networking platform creating value across stakeholders in the education ecosystem, said, “RBL Bank’s The Big Pitch was a turning point in our startup journey which today is poised for its  next phase of growth. Winning the contest was a validation of our business model and a signal to the investor world. We went on to raise our first round of funding of $600K, thanks to The Big Pitch.”

Surinder Chawla, Head – Geography, Branch and Business Banking at RBL Bank, said, “The Big Pitch 2.0 is another step in the series of initiatives taken by RBL Bank to partner with the startup ecosystem to launch cutting-edge products and services in the banking sector. The success of the first chapter inspired us to take our flagship event to the next level. In many ways, RBL Bank functions like a startup by constantly innovating and offering the best possible solutions to our customers. It is imperative for us to support young and entrepreneurial Indians on their startup journey, and help them to achieve their goals.”

The Big Pitch 2.0 will comprise 30 startups from the application pool, out of which top six winners will have the opportunity to win curated packages from the many event partners.

Participants who wish to learn more may register at http://isc.rblbank.com/the-big-pitch/

RBL Bank is one of India’s fastest growing private sector banks with an expanding presence across the country. The Bank offers specialized services under six business verticals namely: Corporate & Institutional Banking, Commercial Banking, Branch & Business Banking, Agribusiness Banking, Development Banking and Financial Inclusion, Treasury and Financial Markets Operations. It currently services over 3.54 million customers through a network of 246 branches and 388 ATMs spread across 20 Indian states and Union Territories.

Over the last few years, RBL Bank has earned recognition in various national and international forums such as : CNBC ASIA’s India Talent Management Award (2017); ‘India’s Best Bank (Growth)’ in the ‘Small-Sized Bank Segment’ by Business Today-KPMG Best Bank Study for six consecutive years (2012-17);

Business World’s ‘Best Growing Small Bank’ consistently for four years (2013,2014,2015,2017) and recognized by the World Economic Forum as a ‘Global Growth Company’ (GGC). RBL Bank is listed on both NSE and BSE (RBLBANK).

For further details, please visit www.rblbank.com

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s