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HDFC Bank shortlists 3 startups inDigital Innovation Summit

Press Trust of India  |  Hyderabad 

: Monday said three from the city - Loop Reality, BluSapphire and Appnovation Technology - were declared winners at its regional Digital Innovation Summit (DIS).

According to a press release from WorkApps, a start up from Pune was the fourth winner picked by the after the one-day event held here.

is a platform launched by Bank for from across the globe to showcase their innovations.

The participants were from the domains of cyber security, augmented and virtual reality, artificial intelligence, and rural agriculture, among others.

These solutions could power the banks next phase of growth.

These will get a chance to deploy their innovations within HDFC Bank, after further evaluation on technical, business, security, and compliance parameters, it said.

Country Head Digital Banking, Chugh said is a marriage of from start-ups and HDFC Bank's customer focus.

"The objective of the Digital Innovation Summit in is to have at its disposal a pool of cutting-edge world Its gratifying that we had over 130 applying to participate in the summit," he said.

Over 130 entrepreneurs applied to participate in the summit and 23 start-ups were shortlisted to present their ideas.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 13 2019. 15:56 IST