• HSBC Introduces Innovation Banking with a $1 billion fund for Startups in India.
• The initiative offers non-dilutive debt capital, helping founders retain equity.
• HSBC aims to boost India’s innovation economy and global startup ecosystem.

HSBC has launched Innovation Banking in India, backed by a $1 billion fund to empower startups and strengthen the country’s fast growing technology and venture ecosystem. The initiative will provide non-dilutive debt capital, allowing startups to scale without giving up ownership or control.

The bank said the funding will support early to late-stage companies, enabling them to expand operations and access global markets while keeping founders’ equity intact. HSBC also plans to deepen its fund financing across venture capital and private equity firms in India, broadening its reach in the startup finance space.

David Sabow, Global Head of HSBC Innovation Banking, said, “By expanding Innovation Banking into India, we’re signalling our commitment to supporting entrepreneurs globally”. He added, “Our $1 billion allocation reflects our belief in India’s innovation economy and its potential to drive jobs, skills, and long-term growth”.

Ajay Sharma, Head of Banking at HSBC India, said the initiative reinforces the bank’s role in helping startups 'reimagine the future of India’s economy' through global connectivity and venture expertise.

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HSBC has appointed Dilip Gopinath as Head of Innovation Banking, India. He will lead a dedicated team focused on providing tailored financial solutions for technology driven businesses.

India’s startup ecosystem is one of the world’s fastest growing, projected to contribute $1 trillion to the economy and create 50 million jobs by 2030. With Innovation Banking, HSBC aims to tap into this momentum and help Indian startups expand internationally.