How Relationship Banking is responding to the needs of SMEs
Experts from Absa outline the challenges that SMEs face and how they are supporting them.
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Experts from Absa outline the challenges that SMEs face and how they are supporting them.
Chennai (Tamil Nadu) [India], September 14 (ANI/NewsVoir): The Chennai-based Billionaire Venture Incubation and DBS Bank are signing an MoU today to facilitate investment in the fast-growing startups in India through a Special Purpose Vehicle (SPV) formed by this joint venture in the form of equity. Dr Subhash Sukumar, Board Member, Billionaire Venture Incubation said, "The newly formed joint venture will earmark about $200 million in collaboration with DBS Bank to extend capital for about 150+ startups in Tamil Nadu, Karnataka and Maharashtra initially. Plans are also underway to expand ...