HSBC Launches $1 Billion Innovation Banking in India

10 Oct 2025 CW Team

HSBC on Thursday (9 October) announced the launch of HSBC Innovation Banking in India, a dedicated platform to support the country’s fast-growing technology and venture ecosystem.

As part of the initiative, the bank will allocate $1 billion (Rs 83.5 billion) in non-dilutive debt capital to Indian startups across various growth stages. The programme will provide tailored banking and financing solutions to entrepreneurs — from seed stage to IPO — and their investors, enabling startups to scale without diluting equity, thereby allowing founders and investors to retain greater ownership and control.

The launch marks a significant expansion of HSBC’s existing lending operations within India’s startup landscape. The bank already has a substantial balance sheet allocation for fund financing across venture capital and domestic private equity funds, which will now be broadened through the new Innovation Banking platform.

“By expanding Innovation Banking into India, we are signalling our intent to support entrepreneurial ambition globally,” said David Sabow, Global Head of HSBC Innovation Banking. “Our $1 billion allocation demonstrates our commitment to helping startups achieve greater growth by combining funding with the advantages of HSBC’s global expertise.”

Ajay Sharma, Head of Banking, HSBC India, added, “Innovation is redefining the Indian economy and unlocking global opportunities. With HSBC Innovation Banking, we are deepening our engagement with India’s vibrant startup ecosystem, where we have consistently partnered with clients throughout their growth journeys.”

Dilip Gopinath has been appointed as Head of HSBC Innovation Banking, India. With nearly two decades of experience in financial services, he will lead a specialised team focused on delivering customised financial solutions to startups and technology-driven enterprises.

HSBC Innovation Banking operates across key innovation hubs worldwide, including the US, UK, Australia, New Zealand, Israel, Continental Europe, Hong Kong, mainland China, and now India.

Highlighting India’s role as a global tech and talent hub, the bank noted that Indian startups could contribute $1 trillion to the economy by 2030 and create 50 million new jobs, underscoring the country’s growing importance in the global innovation landscape.

HSBC on Thursday (9 October) announced the launch of HSBC Innovation Banking in India, a dedicated platform to support the country’s fast-growing technology and venture ecosystem. As part of the initiative, the bank will allocate $1 billion (Rs 83.5 billion) in non-dilutive debt capital to Indian startups across various growth stages. The programme will provide tailored banking and financing solutions to entrepreneurs — from seed stage to IPO — and their investors, enabling startups to scale without diluting equity, thereby allowing founders and investors to retain greater ownership and control. The launch marks a significant expansion of HSBC’s existing lending operations within India’s startup landscape. The bank already has a substantial balance sheet allocation for fund financing across venture capital and domestic private equity funds, which will now be broadened through the new Innovation Banking platform. “By expanding Innovation Banking into India, we are signalling our intent to support entrepreneurial ambition globally,” said David Sabow, Global Head of HSBC Innovation Banking. “Our $1 billion allocation demonstrates our commitment to helping startups achieve greater growth by combining funding with the advantages of HSBC’s global expertise.” Ajay Sharma, Head of Banking, HSBC India, added, “Innovation is redefining the Indian economy and unlocking global opportunities. With HSBC Innovation Banking, we are deepening our engagement with India’s vibrant startup ecosystem, where we have consistently partnered with clients throughout their growth journeys.” Dilip Gopinath has been appointed as Head of HSBC Innovation Banking, India. With nearly two decades of experience in financial services, he will lead a specialised team focused on delivering customised financial solutions to startups and technology-driven enterprises. HSBC Innovation Banking operates across key innovation hubs worldwide, including the US, UK, Australia, New Zealand, Israel, Continental Europe, Hong Kong, mainland China, and now India. Highlighting India’s role as a global tech and talent hub, the bank noted that Indian startups could contribute $1 trillion to the economy by 2030 and create 50 million new jobs, underscoring the country’s growing importance in the global innovation landscape.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..